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RE: OkCoin Futures Trading Guide
You are thinking of Okcash, which is a cryptocurrency. Okcoin is a chinese exchange.
Puts and calls are options, you pay a fee for the right (but not the obligation) to buy or sell the products on expiration.
Futures are much more basic derivative, it simply trades around like a normal spot market and then shuts down and closes everyone out on delivery.
Cheers!
Ah yes was thinking about the OKCash.
Sounds very interesting, I will have to look at the OKCoin markets. Sounds like it could be beneficial to both large traders and smaller traders.