Learned by 52 usersPublished on 2024.04.01 Last updated on 2024.10.15
Tokens
The introduction of Bid (buying price) in Token trading
In Token trading, a Bid (buying price) refers to the highest price that an investor or trader is willing to pay for a certain Token. It is the price at which a trader can open a long position (i.e., buy). Correspondingly, the Ask (selling price) is the price at which a trader can open a short position (i.e., sell).
In summary, Bid is a key concept in Token trading that helps traders understand market demand and make informed trading decisions.
According to the information provided, BID (Bidcoin) does not specify its founder. Relevant information mainly comes from Token data websites and platforms, but these sources do not provide specific information about the founders of BID.
If you are referring to Bitcoin, according to the information, Bitcoin was founded by Satoshi Nakamoto, with its white paper published on October 31, 2008, and the network officially launched on January 3, 2009.
According to the information provided, the following venture capital firms or institutions invested in Token-related projects:
Coinbase Ventures: Coinbase's investment arm, primarily investing in Token-related startups, including:
TaxBit: Token tax automation software provider (Series A $100 million)
Amber Group: Token trading service startup based in Hong Kong (Series B $100 million)
FTX: Token exchange (Series B $900 million)
CoinSwitch Kuber: Indian Token exchange (Series C $260 million)
ConsenSys: Ethereum blockchain ecosystem development ($200 million)
SoftBank Group: Participated in multiple Token-related investments in 2021, including:
FTX: Token exchange (Series B $900 million)
Revolut: UK digital bank (Series E $800 million)
Chime: American digital bank (Series G $750 million)
Klarna: Swedish e-commerce payment solutions ($639 million)
DriveWealth: Fractional investing trading platform (Series D $450 million)
Salesforce: Participated in Wiz's Series B $120 million and Series C $250 million investments, Wiz is an Israeli cloud security startup.
Other Investors:
Wangxiang Blockchain Lab: Early investor in Ethereum, providing $500,000 in cash support.
eToro: Although not an investment firm, it is a social trading brokerage providing Token trading services and has raised $100 million in investments.
The operation of Bid (buying price) in Token trading
In Token trading, especially when using Contracts for Difference (CFD), Bid (buying price) refers to the price at which a trader or investor can open a long position. It is the price at which a trader can purchase Tokens, usually slightly higher than the current market price.
Key Points:
Trading Process:
Important Note:
By understanding the operation of buying price (Bid) and selling price (Ask), traders can better grasp the fundamental principles of Token Contracts for Difference trading.