- Account Activation
Log in to your account. Click“Derivatives“and enter into the corresponding contract trading page by selecting contract type and trading pair.
- Asset Transfer. You will need to transfer assets from the spot account to futures.
Method 1: Click the button in the Asset Sector on the trading page.
Method 2: Click the Transfer button on the page in the“Futures”under“Assets”
- Switch trading unit/leverage
Leverage: you can change leverage before opening position or while holding positions without open orders.
- Place an Order
Users can optionally use limit order or trigger order to open a position.
- Limit Order:
Users are required to enter a price (or choose an Optimal N price), and enter amount (or refresh the slip percent).
Limit orders can be used for opening or closing a position.
Meanwhile, you can set Stop-limit feature while opening a position.
There are three effective mechanisms optional for limit orders, "Post only", "FOK (Fill Or Kill)", "IOC (Immediate Or Cancel)"; if no mechanism is selected, the limit order will be "always valid" in the market by default.
- Trigger Order:
Users are required to set trigger price, buy/sell price and amount. When the last price reaches the trigger price, the system will place a limit order with the buy/sell price and amount.
- After the order is filled, the open position will be shown under the“Positions”, where you can execute many operations such as Close Long/Short, Stop-Limit, etc. While the unfilled part of the order will be shown under the“Open Orders”, and you can cancel it before it’s filled.
- Assuming you wish to close a position, there are three types of options for you, that is, limit order and trigger order. Alternatively, you also can execute the“Close Long/Short”operation under the“Positions”.