How to activate AscendEX contract multiples

To activate contract multiples on AscendEX, users must first complete the KYC process, log in to their accounts, select the desired contract and multiples, and click the "Activate" button.

Nov 30, 2024 at 04:40 am

How to activate AscendEX contract multiples

AscendEX is a leading digital asset exchange that offers a wide range of trading products and services, including contract multiples. Contract multiples allow traders to increase their potential profits by using leverage, but also come with increased risk.

Before you can activate contract multiples on AscendEX, you must first create an account and complete the KYC process. Once you have done this, you can follow the steps below to activate contract multiples:

Log in to your AscendEX account.
Click on the "Contracts" tab.
Select the contract you want to trade.
Click on the "Multiples" tab.
Enter the desired number of multiples you want to use.
Click on the "Activate" button.

Once you have activated contract multiples, you will be able to trade with increased leverage. However, it is important to use caution when trading with leverage, as you can lose more money than you originally invested.

Here are some of the things you should keep in mind when trading with contract multiples:

The higher the leverage, the greater the potential profit. However, the higher the leverage, the greater the risk of loss.
You can lose more money than you originally invested. If the market moves against you, you may be forced to liquidate your position at a loss.
It is important to have a stop-loss order in place. This will help to protect you from losing more money than you can afford.

If you are new to trading with contract multiples, it is a good idea to start with a small amount of leverage. This will help you to get a feel for how leverage works and how to manage the risk.

Note: Contract multiples are not available for all contracts on AscendEX. Please check the contract specifications before activating contract multiples.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

X

$0.0...07753

80.92%

Trade Now
MUBARAK

$0.2010

65.17%

Trade Now
API3

$0.8070

33.67%

Trade Now
CHEEMS

$0.0...01335

33.03%

Trade Now
ALCH

$0.0655

28.24%

Trade Now
DOGINME

$0.0013

27.92%

Trade Now

Latest Crypto News

Canary Capital Files S-1 Registration Form with the SEC to Launch a SUI ETF
2025-03-18 13:25:58
4 Cryptos Primed to Explode with Lucrative Returns
2025-03-18 12:55:58
John Bollinger Hints XRP May Be Poised to Emerge as a Market Leader
2025-03-18 12:55:58
7 Best Cryptocurrencies to Buy in 2025 - Don't Miss Out!
2025-03-18 12:45:58
Qubetics: The Best Crypto Presale to Buy for 2025 for Interoperability and Real-World Asset Tokenization
2025-03-18 12:30:58
Bitcoin (BTC) Price Action Confirms Cup-and-handle Pattern, New Analysis Suggests a Breakout Toward $130,000
2025-03-18 12:30:58

Related knowledge

How does the insurance fund of Coinbase Contracts work?

Mar 17,2025 at 11:06pm

Key Points:Coinbase Contracts' insurance fund is designed to protect users from losses due to smart contract exploits or platform failures.The fund is not explicitly detailed in terms of size or composition, leading to some opacity.Contributions to the fund are likely derived from Coinbase's operational profits or a percentage of trading fees.The fund's...

What are the position modes of Coinbase Contracts? How to switch?

Mar 18,2025 at 01:12am

Key Points:Coinbase Contracts offers three primary position modes: Isolated Margin, Cross Margin, and Hedge Mode.Each mode carries different risk levels and impacts your trading strategy.Switching between modes depends on your current position and involves navigating the Coinbase Contracts interface. This process differs slightly depending on whether yo...

What cryptocurrency trading pairs does Coinbase Contracts support?

Mar 17,2025 at 09:24pm

Key Points:Coinbase Contracts currently only supports trading pairs involving Bitcoin (BTC) and USD Coin (USDC). This is a limited selection compared to other derivatives exchanges.The limited number of pairs reflects Coinbase's cautious approach to offering derivatives, prioritizing user safety and regulatory compliance.While more pairs may be added in...

How to set stop loss and take profit in Coinbase Contracts?

Mar 18,2025 at 11:48am

Key Points:Coinbase Contracts offers customizable stop-loss and take-profit orders to manage risk and secure profits in cryptocurrency trading.Setting these orders involves understanding market conditions, risk tolerance, and your trading strategy.Stop-loss orders automatically sell your position when the price drops to a specified level, limiting poten...

How to create a new contract transaction on the Coinbase platform?

Mar 17,2025 at 08:43pm

Key Points:Coinbase doesn't directly support the creation of arbitrary smart contracts. It primarily focuses on buying, selling, and holding established cryptocurrencies.To interact with smart contracts, you'll need a compatible wallet and potentially a decentralized exchange (DEX).Understanding the specific smart contract's requirements (e.g., network,...

How to open and set up Coinbase Contracts?

Mar 18,2025 at 06:06am

Key Points:Coinbase Contracts is not a product offered by Coinbase. Coinbase primarily focuses on exchanges and custody solutions for established cryptocurrencies. There is no platform called "Coinbase Contracts" for trading derivatives.The term "Contracts" usually refers to derivatives trading, specifically futures and options, offered on other platfor...