How to open BigONE 10x contract

To open a 10x contract on the BigONE platform, users must first register and enable 2FA, deposit funds, navigate to the 10x contract trading interface, select a trading pair, specify order parameters, confirm, and execute the order.

Dec 01, 2024 at 02:21 am

How to Open a BigONE 10x Contract: A Step-by-Step Guide

Step 1: Sign Up on BigONE

Visit the [official BigONE website](https://www.bigone.com/).
Click on the "Sign Up" button in the top right corner.
Fill out the registration form with your email address and password.
Verify your email address by clicking on the link sent to your email.

Step 2: Enable Two-Factor Authentication (2FA)

Enhance account security by enabling 2FA.
Download a Google Authenticator app (or a similar app) on your mobile device.
Scan the QR code on BigONE's 2FA setup page using the Google Authenticator app.
Record the 16-digit secret key displayed on the screen.
Enter the 6-digit numeric confirmation code generated by the authenticator app to complete the setup.

Step 3: Fund Your Account

Log in to your BigONE account.
Click on the "Assets" tab on the top menu bar.
Select the "Deposit" option.
Select a deposit method (e.g., fiat currency or cryptocurrency).
Follow the on-screen instructions to complete the deposit process.
Note: Verify the minimum deposit requirements for your chosen coin or currency.

Step 4: Navigate to the 10x Contract Trading Interface

Click on the "Trade" tab on the top menu bar.
Select the "Contracts" sub-tab.
Choose the "10x" trading interface.

Step 5: Select a Trading Pair

From the drop-down menu, select the trading pair you wish to trade (e.g., BTC/USDT).

Step 6: Specify Order Parameters

Input the following order information:
- Volume: Enter the amount of the underlying asset you wish to trade in the contract.
- Leverage: Select the leverage level you want to apply to your trade (e.g., 10x, 20x, etc.).
- Order Type: Choose between Limit Order or Market Order.
- Side: Specify whether you want to buy (Long) or sell (Short) the contract.

Step 7: Confirm and Execute Order

Review the order parameters carefully.
Click on the "Create" button to submit your order.
Your order will be filled in the market based on the specified parameters.
Monitor your open position from the "Contracts" section of the trading interface.

Step 8: Manage and Close Position

Adjust your stop-loss and take-profit orders as needed.
Monitor market conditions and adjust your position accordingly.
Close your position by placing an opposite order (e.g., if you have a Long position, place a Short order) to exit the contract.

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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！

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