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Table of Contents
USDT本位合約:最直觀的“現(xiàn)金”賬本
幣本位合約:為信仰充值的“囤幣”利器
USDC本位合約:合規(guī)透明的“穩(wěn)定”新選擇
小編建議
Home web3.0 What are the differences between USDT standard, USDC standard and currency standard? Monetary Circle

What are the differences between USDT standard, USDC standard and currency standard? Monetary Circle

Jul 31, 2025 pm 08:21 PM
Blockchain tool binance cryptocurrency the difference Stablecoin btc exchange currency currency standard 幣本位合約 usdc本位 usdt本位

在數(shù)字資產(chǎn)衍生品市場中,合約交易是核心玩法之一,而理解不同保證金類型是新手入門的第一課。選擇USDT本位、USDC本位還是幣本位合約,直接關(guān)系到你的收益計算方式和風(fēng)險敞口,搞懂它們的區(qū)別,能讓你在市場波動中更好地做出決策。如果你對資金的合規(guī)性和透明度有更高的要求,那么選擇由歐意OKX、幣安Binance等大平臺支持的USDC本位合約,會讓你感覺更安心。

USDT本位、USDC本位和幣本位的區(qū)別有哪些?幣圈大白話 - php中文網(wǎng)

USDT本位合約:最直觀的“現(xiàn)金”賬本

USDT本位合約,也叫U本位合約,是目前市場最主流、最受歡迎的合約類型。你可以把它理解為用一種“穩(wěn)定幣”作為交易的“計價器”和“保證金”。

1、核心邏輯:無論你交易的是BTC還是ETH的合約,你的保證金(押金)和最終結(jié)算的盈虧,都是以USDT來計算的。USDT是一種價值與美元錨定的穩(wěn)定幣,所以盈虧的價值非常穩(wěn)定和直觀。

2、舉個例子:假設(shè)你認(rèn)為BTC價格要上漲,于是用1000 USDT作為保證金,開了一個BTC的多頭合約。如果價格如期上漲,你平倉后賺了200 USDT,那么你的賬戶里就會得到初始的1000 USDT外加200 USDT的利潤。整個過程你都不需要持有BTC,只關(guān)心價格變動帶來的USDT數(shù)量增減。

3、優(yōu)點:計算簡單,盈虧一目了然,就像用美元買賣股票一樣,賺了多少“錢”非常清晰。同時,你只需要持有USDT這一種資產(chǎn),就可以在歐意OKX、幣安Binance等主流平臺上交易多種不同數(shù)字資產(chǎn)的合約,資金利用效率高。

4、缺點:在單邊大牛市中,你的收益被鎖定在了USDT上。雖然合約賺了錢,但你錯過了保證金本身(如果是用BTC等資產(chǎn))升值的機會。

USDT本位、USDC本位和幣本位的區(qū)別有哪些?幣圈大白話 - php中文網(wǎng)

幣本位合約:為信仰充值的“囤幣”利器

幣本位合約,顧名思義,就是用交易的那個數(shù)字資產(chǎn)本身作為保證金和結(jié)算單位。這種合約更適合對某個特定數(shù)字資產(chǎn)有長期信心的持有者。

1、核心邏輯:交易什么,就用什么當(dāng)保證金。比如,交易BTC/USD合約,你就需要用BTC作為保證金;交易ETH/USD合約,就用ETH當(dāng)保證金。賺了,你會得到更多的幣;虧了,你持有的幣會變少。

2、舉個例子:你長期看好ETH,并持有10個ETH。你可以用其中1個ETH作為保證金,開一個ETH的多頭合約。如果市場上漲,你平倉后可能賺了0.2個ETH,那么你的保證金就變成了1.2個ETH。這樣,你不僅享受了價格上漲帶來的合約收益,還成功增加了自己ETH的持倉數(shù)量。

3.、優(yōu)點:在牛市中是絕佳的工具。它能讓你實現(xiàn)“幣生幣”,在資產(chǎn)價格上漲的同時,通過合約交易讓持有的幣變得更多,實現(xiàn)收益最大化。火必HTX、Gate.io等平臺都提供了豐富的幣本位交易對。

4、缺點:風(fēng)險和收益是同向放大的。如果市場下跌,你將面臨雙重虧損:一方面是合約本身的虧損,另一方面是作為保證金的幣本身也在貶值。這對于風(fēng)險控制的要求非常高。

USDT本位、USDC本位和幣本位的區(qū)別有哪些?幣圈大白話 - php中文網(wǎng)

USDC本位合約:合規(guī)透明的“穩(wěn)定”新選擇

USDC本位合約在機制上與USDT本位合約幾乎完全相同,唯一的區(qū)別在于它使用的穩(wěn)定幣是USDC。

1、核心邏輯:使用USDC作為保證金和計價單位。USDC是另一種主流的、與美元1:1錨定的穩(wěn)定幣,以其高透明度和嚴(yán)格的審計監(jiān)管而聞名。

2、與USDT本位的區(qū)別:最大的區(qū)別在于背后的發(fā)行方和合規(guī)性。一些交易者認(rèn)為USDC的儲備金更加透明、風(fēng)險更低,因此更偏愛使用USDC進(jìn)行交易。從交易體驗上看,兩者幾乎沒有差別,盈虧計算方式完全一樣。

3、為何存在:它的出現(xiàn)為市場提供了多樣化的選擇,滿足了不同風(fēng)險偏好和信任基礎(chǔ)的用戶的需求。隨著行業(yè)對合規(guī)和透明度的日益重視,USDC本位合約在幣安Binance等頭部平臺上的重要性也在逐步提升。

USDT本位、USDC本位和幣本位的區(qū)別有哪些?幣圈大白話 - php中文網(wǎng)

小編建議

對于剛剛接觸合約交易的新手來說,從USDT本位合約開始是最佳選擇。因為它的計價方式最直觀,盈虧清晰,能幫助你更好地理解倉位管理和風(fēng)險控制,不容易因為幣價波動和盈虧計算的復(fù)雜性而感到困惑。

如果你是一位堅定的長期持有者,并且對某個主流資產(chǎn)(如BTC、ETH)的未來充滿信心,那么在牛市行情啟動或持續(xù)時,可以嘗試使用幣本位合約。它的“幣生幣”特性,能有效放大你的牛市收益,是積累核心資產(chǎn)的利器。但請務(wù)必警惕熊市中的雙重虧損風(fēng)險。

至于USDC本位合約,你可以將其視為USDT本位的一個平行選擇。如果你對資金的合規(guī)性和透明度有更高的要求,那么選擇由歐意OKX、幣安Binance等大平臺支持的USDC本位合約,會讓你感覺更安心。

最終,選擇哪種合約,取決于你的交易策略、風(fēng)險偏好以及對市場的判斷。沒有絕對的好壞,只有最適合你的那一個。

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