Futures trading refers to an agreement between buyers and sellers to trade a specific asset at a predetermined price and quantity at a future date, aiming for profit. Futures trading includes delivery futures and perpetual futures. Investors can go long by buying a futures contract to profit from an asset's price increase or go short by selling a futures contract to profit from a price decrease.
Trading Setup
Before trading, you need to transfer funds from your funding account (e.g., USDT, BTC) to your futures account.
- After logging in, click on Futures Account in the top navigation bar.
- Click the Transfer button to move funds into your futures account.
- Select the futures account, currency, and amount to transfer. Confirm and click Confirm Transfer.
- Click Trade in the top navigation bar and select Futures.
- Select or search for the cryptocurrency pair you want to trade.
Opening Long/Short Positions
Choose based on market conditions:
- Margin Mode: Cross Margin, Sub-Account Margin, Isolated Margin.
- Order Type: Market Order, Limit Order, TP/SL Limit, TP/SL Market.
- Leverage: Choose the leverage multiplier.
- Quantity: Enter the amount to trade.
- Go long (Buy/Long) if you expect prices to rise.
- Go short (Sell/Short) if you expect prices to fall.
Once you fill in the order details, confirm your trade for Buy/Long or Sell/Short.
Your active orders can be viewed in the Positions tab. When your profit target is met, you can close the position.
Notes
- Margin mode settings apply to all futures contracts.
- If the margin ratio ≤ 0%, your position will be liquidated.
- Cross Margin: All cross positions with the same asset share the margin. In liquidation, the trader may lose all margin and positions under that asset.
- Isolated Margin: A fixed margin amount is allocated to a position. If the margin ratio ≤ 0%, the position is liquidated. You can manually add or reduce margin.
- Sub-Account Margin: A fixed amount of margin is allocated to a sub-account. If the margin ratio ≤ 0%, the position will be liquidated, and all assets in that sub-account may be lost.