-
Bitcoin
$83,363.2738
-1.04% -
Ethereum
$1,896.3860
-1.68% -
Tether USDt
$0.9995
-0.06% -
XRP
$2.3356
-2.21% -
BNB
$631.1123
3.75% -
Solana
$128.5517
-4.88% -
USDC
$0.9997
-0.03% -
Dogecoin
$0.1715
-2.53% -
Cardano
$0.7145
-3.50% -
TRON
$0.2122
-3.47% -
Pi
$1.4066
-6.51% -
Chainlink
$13.6527
-3.11% -
UNUS SED LEO
$9.5751
-2.50% -
Toncoin
$3.4601
-0.52% -
Stellar
$0.2715
-0.81% -
Hedera
$0.1931
0.56% -
Shiba Inu
$0.0...01319
1.42% -
Avalanche
$18.4907
-4.87% -
Sui
$2.2782
-2.23% -
Litecoin
$92.5554
0.23% -
Polkadot
$4.3962
1.79% -
MANTRA
$6.9586
5.00% -
Bitcoin Cash
$332.9865
-1.68% -
Ethena USDe
$0.9994
-0.04% -
Dai
$1.0001
0.01% -
Bitget Token
$4.4168
-1.29% -
Hyperliquid
$13.5702
-0.51% -
Monero
$210.3788
-0.44% -
Uniswap
$6.1464
-2.03% -
Aptos
$5.3406
-0.04%
How to activate BingX 100x contract
To activate the BingX 100x contract, create an account, verify your identity, fund it with supported cryptocurrencies, choose a trading pair, set leverage, place an order, and monitor it regularly.
Dec 07, 2024 at 12:53 am

How to Activate BingX 100x Contract
The BingX 100x contract is a powerful trading tool that can help you multiply your profits. However, before you can start using it, you need to activate it. Here's a step-by-step guide on how to do it:
Step 1: Create a BingX Account
If you don't already have a BingX account, you'll need to create one. You can do this by visiting the BingX website and clicking on the "Sign Up" button.
Step 2: Verify Your Identity
Once you've created an account, you'll need to verify your identity. This is a required step for all BingX users. You can verify your identity by providing your name, address, and phone number.
Step 3: Fund Your Account
Before you can start trading, you'll need to fund your account. You can do this by depositing cryptocurrency into your BingX wallet. BingX accepts a variety of cryptocurrencies, including Bitcoin, Ethereum, and USDT.
Step 4: Activate the 100x Contract
Once you've funded your account, you can activate the 100x contract. To do this, click on the "Contracts" tab on the BingX website. Then, click on the "100x" tab.
Step 5: Choose a Trading Pair
The next step is to choose a trading pair. The 100x contract is available for a variety of trading pairs, including BTC/USDT, ETH/USDT, and XRP/USDT.
Step 6: Set Your Leverage
The leverage is the amount of borrowed funds that you can use to trade. The 100x contract allows you to trade with up to 100x leverage. However, it's important to note that trading with high leverage can be risky.
Step 7: Place Your Order
Once you've set your leverage, you can place your order. You can place a buy or sell order, depending on your market outlook.
Step 8: Monitor Your Trade
Once you've placed your order, you can monitor it in the "Positions" tab on the BingX website. You can see the current price of your asset, your profit or loss, and your liquidation price.
Tips for Trading the 100x Contract
- Use stop-loss orders to protect your profits. A stop-loss order is an order that automatically sells your asset if the price falls below a certain level. This can help you protect your profits in the event of a sudden market downturn.
- Don't trade with more money than you can afford to lose. The 100x contract is a leveraged product, which means that you can lose more money than you invest.
- Never risk more than 1% of your account balance on a single trade. This will help you protect your account from large losses.
- Be aware of the risks of trading with high leverage. Trading with high leverage can amplify your profits, but it can also amplify your losses.
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.
- Bitcoin (BTC) Price Prediction: Will BTC Hit Rp1.63T ($100K) After the Fed's Decision?
- 2025-03-17 14:50:57
- New RBI governor Sanjay Malhotra announces expansion of United Payments Interface (UPI)
- 2025-03-17 14:50:57
- The Bitcoin call options contracts open than put options
- 2025-03-17 14:50:57
- Han Lin Shares Gate.io's Entrepreneurial Journey, Platform Strategic Evolution, and Industry Insights
- 2025-03-17 14:50:57
- The 5 Altcoins That Should Be Sold Before the End of March
- 2025-03-17 14:45:57
- Melania Trump Cryptocurrency, MELANIA/USD, Surges 6.29% as a Whale Opens 5x Leveraged Long Position
- 2025-03-17 14:45:57
Related knowledge

What is the difference between the mark price and the latest price on Binance Futures?
Mar 17,2025 at 02:36pm
Key Points:Mark Price: A fair price calculated using multiple exchanges' prices, minimizing manipulation. It's crucial for funding rates and liquidation calculations.Latest Price: The most recent trade price on Binance Futures. Subject to volatility and potential manipulation.Discrepancies: Differences arise due to market depth, order book imbalances, a...

How to operate cross-product arbitrage of Bitcoin contracts?
Mar 17,2025 at 01:00pm
Key Points:Understanding Bitcoin contract arbitrage relies on exploiting price discrepancies across different exchanges.Successful arbitrage requires speed, low latency connections, and sophisticated trading algorithms.Risk management is crucial, as market volatility and slippage can negate profits.Fees and slippage significantly impact profitability. C...

How is the funding rate of Bitcoin contracts calculated?
Mar 17,2025 at 10:30am
Key Points:Bitcoin perpetual contracts utilize funding rates to align the price of the contract with the spot price of Bitcoin.The funding rate is calculated based on the difference between the perpetual contract price and the spot price, and the demand for long or short positions.A positive funding rate means long positions pay short positions, and vic...

How to avoid the risk of liquidation in Bitcoin contracts?
Mar 17,2025 at 09:56am
Key Points:Understanding Margin and Leverage: The core of avoiding liquidation lies in responsible leverage use.Monitoring Market Volatility: Sudden price swings are the biggest liquidation threat. Constant vigilance is crucial.Position Sizing and Risk Management: Never risk more than you can afford to lose. Proper position sizing is paramount.Stop-Loss...

What are the advantages of smart contracts?
Mar 14,2025 at 11:51pm
Key Points:Enhanced Security: Smart contracts minimize the risk of fraud and human error through automated execution.Increased Transparency: All transactions and contract terms are publicly viewable on the blockchain, fostering trust and accountability.Automation & Efficiency: Smart contracts automate processes, eliminating intermediaries and speeding u...

What are the application scenarios of smart contracts?
Mar 13,2025 at 03:26pm
Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...

What is the difference between the mark price and the latest price on Binance Futures?
Mar 17,2025 at 02:36pm
Key Points:Mark Price: A fair price calculated using multiple exchanges' prices, minimizing manipulation. It's crucial for funding rates and liquidation calculations.Latest Price: The most recent trade price on Binance Futures. Subject to volatility and potential manipulation.Discrepancies: Differences arise due to market depth, order book imbalances, a...

How to operate cross-product arbitrage of Bitcoin contracts?
Mar 17,2025 at 01:00pm
Key Points:Understanding Bitcoin contract arbitrage relies on exploiting price discrepancies across different exchanges.Successful arbitrage requires speed, low latency connections, and sophisticated trading algorithms.Risk management is crucial, as market volatility and slippage can negate profits.Fees and slippage significantly impact profitability. C...

How is the funding rate of Bitcoin contracts calculated?
Mar 17,2025 at 10:30am
Key Points:Bitcoin perpetual contracts utilize funding rates to align the price of the contract with the spot price of Bitcoin.The funding rate is calculated based on the difference between the perpetual contract price and the spot price, and the demand for long or short positions.A positive funding rate means long positions pay short positions, and vic...

How to avoid the risk of liquidation in Bitcoin contracts?
Mar 17,2025 at 09:56am
Key Points:Understanding Margin and Leverage: The core of avoiding liquidation lies in responsible leverage use.Monitoring Market Volatility: Sudden price swings are the biggest liquidation threat. Constant vigilance is crucial.Position Sizing and Risk Management: Never risk more than you can afford to lose. Proper position sizing is paramount.Stop-Loss...

What are the advantages of smart contracts?
Mar 14,2025 at 11:51pm
Key Points:Enhanced Security: Smart contracts minimize the risk of fraud and human error through automated execution.Increased Transparency: All transactions and contract terms are publicly viewable on the blockchain, fostering trust and accountability.Automation & Efficiency: Smart contracts automate processes, eliminating intermediaries and speeding u...

What are the application scenarios of smart contracts?
Mar 13,2025 at 03:26pm
Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...
See all articles
