After the previous two lessons, we have gained a preliminary understanding of what perpetual futures trading in cryptocurrencies is, and learned about the basic functions and pages of the Bitunix perpetual futures trading product. Next, we will take trading BTC/USDT trading pair on the computer side as an example, and explain how to trade USDT-M perpetual futures on Bitunix.
How to Trade USDT-M Perpetual Futures on Bitunix (Web)
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Log in to Bitunix.com, click “Futures” on the top of the page.
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Click on BTCUSDT on the left to open the list and select the futures.
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Click Position by Position on the right to switch position modes. Click on the number to switch the leverage multiplier. Different varieties support different leverage multiples. Please refer to the actual product.
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Click the small arrow button on the right to open the transfer menu and enter the amount to transfer funds from the spot account to the futures account, click confirm.
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To open a position, users can select limit order, market order and plan order respectively to open a position, enter the order price and amount and click buy.
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After successfully placing the order, you can view your orders under Open Orders at the bottom of the page. You can also cancel your order before they are filled. If the order is filled, you can find it under Position.
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To close your position, you can click Limit Price or Market Price under your position. Then enter the price, amount or just the amount to close your position with a market order.
If you want to learn how to trade on your cell phone, please refer to: How to Trade USDT-M Perpetual Contracts on Bitunix (App)
Disclaimer
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Crypto investment involves significant risks. Please proceed with caution. The course shall not be considered investment or financial advice.
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