How to Start
To access Futures Trading, simply click 'Futures' menu and enjoy your Futures Trading
Deposit Futures Wallet
To fund your Futures Wallet, please follow the steps below:
1. Go to the 'Wallet' menu and select 'Futures'
2. Click on 'Transfer'
3. Enter the USDT amount you wish to deposit and click 'Transfer'
4. Click 'Confirm' to complete the process
Withdraw Futures Wallet
To withdraw fund from your Futures Wallet, please follow the steps below:
1. Go to the 'Wallet' menu and select 'Futures'
2. Click on 'Transfer'
3. Click the 'Swap' button to switch 'From' to 'Global - Futures' and 'To' to 'Global - Spot', then enter the USDT amount and click 'Transfer'
4. Click 'Confirm' to complete the process
You will find your transferred funds in the 'Crypto' section of your 'Wallet'
Short/Long
There are 4 types of Long/Short orders available:
Limit Order: allows you to place an order at a specific or a better price. A buy Limit Order will be filled if the price matches or is lower than your limit price, and a sell Limit Order will be filled at or higher than your limit price.
*Please note that a Limit Order is not guaranteed to execute
Market Orders: are matched immediately at the best available price
Stop Limit Order: is a conditional order over a set timeframe, executed at a specified price after a given stop price has been reached. Once the stop price is reached, it will buy or sell at the limit price or at a better price than the limit price you set
Stop Market Order: is similar to a Stop Limit Order, a Stop Market Order uses a stop price to trigger the trade. However, when the stop price is reached, it triggers a market order instead
Leverage
Leverage available from 1X to 125X
What is Leverage?
Leverage allows you to control a larger position in a cryptocurrency with a smaller amount of capital. For example, with 10x leverage, you can control $10,000 worth of Bitcoin with only $1,000 of your own money.
Example
Imagine you entered a leveraged long position on Bitcoin with 10x leverage, using $1,000 of your own capital to control a $10,000 position. If Bitcoin's price drops by 10%, your $10,000 position would decrease in value to $9,000. However, because of the leverage, your initial $1,000 investment would be wiped out entirely, and you'd incur additional losses if the price continues to fall.
⚠️ Selecting the higher leverage also increases your liquidation risk. Always manage your risk level!