-
Bitcoin $93,415.6370
-0.45% - Ethereum
$1,758.2077
-2.10% - Tether USDt
$1.0004
0.02% - XRP
$2.1977
-1.18% - BNB
$600.1263
-0.51% - Solana
$150.7194
-0.24% - USDC
$1.0000
0.00% - Dogecoin
$0.1803
0.50% - Cardano
$0.7164
2.43% - TRON
$0.2464
-0.23% - Sui
$3.2687
9.70% - Chainlink
$14.9633
-0.36% - Avalanche
$22.1824
-0.95% - Stellar
$0.2792
4.43% - UNUS SED LEO
$9.2504
1.85% - Shiba Inu
$0.0...01356
0.40% - Toncoin
$3.1793
-0.79% - Hedera
$0.1861
3.37% - Bitcoin Cash
$349.6727
-2.66% - Polkadot
$4.2532
3.62% - Litecoin
$83.3457
0.26% - Hyperliquid
$18.7891
1.60% - Dai
$1.0000
0.00% - Bitget Token
$4.4167
-1.79% - Ethena USDe
$0.9996
0.02% - Pi
$0.6488
-2.11% - Monero
$227.8271
-0.66% - Uniswap
$5.7905
-3.83% - Pepe
$0.0...08574
-2.94% - Aptos
$5.4513
1.96%
How to close BitFlyer contract trading
To close a long position in BitFlyer contract trading, log in, go to the "Contracts" tab, select the contract, click the "Close" button, confirm the order, and your position will be closed.
Nov 20, 2024 at 10:48 am
How to Close BitFlyer Contract Trading
Contract trading, also known as futures trading, is a type of financial trading where traders can speculate on the future price of an underlying asset, such as a cryptocurrency. BitFlyer, one of the largest cryptocurrency exchanges in Japan, offers contract trading for a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
Closing a contract trading position involves selling the futures contract you bought to open the position or buying back the futures contract you sold to open the position. The specific steps to close a BitFlyer contract trading position vary depending on whether you are closing a long position or a short position.
Steps to Close a Long Position
- Log in to your BitFlyer account. You can do this by visiting the BitFlyer website and clicking on the "Log in" button in the top right corner of the page.
- Go to the "Contracts" tab. This tab is located in the top menu bar of the BitFlyer website.
- Select the contract you want to close. You will see a list of all the contracts that you have open in the "Contracts" tab.
- Click on the "Close" button. The "Close" button is located in the right-hand column of the table.
- Confirm the close order. You will be asked to confirm the close order before it is executed.
- The contract trading position will be closed. Once the close order is executed, the contract trading position will be closed and the funds from the position will be credited to your BitFlyer account.
Steps to Close a Short Position
- Log in to your BitFlyer account. You can do this by visiting the BitFlyer website and clicking on the "Log in" button in the top right corner of the page.
- Go to the "Contracts" tab. This tab is located in the top menu bar of the BitFlyer website.
- Select the contract you want to close. You will see a list of all the contracts that you have open in the "Contracts" tab.
- Click on the "Buy" button. The "Buy" button is located in the right-hand column of the table.
- Enter the number of contracts you want to buy. You will need to enter the number of contracts you want to buy in the "Buy" field.
- Click on the "Buy" button. The "Buy" button is located at the bottom of the order form.
- Confirm the buy order. You will be asked to confirm the buy order before it is executed.
- The contract trading position will be closed. Once the buy order is executed, the contract trading position will be closed and the funds from the position will be credited to your BitFlyer account.
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 ETFs Added Another $917 Million in Inflows, Driven Largely by BlackRock’s IBIT and Continued Investor Enthusiasm
- 2025-04-25 05:40:15
- Pi Network (PI) Ecosystem Progress Ahead Of Consensus 2025 Conference
- 2025-04-25 05:40:15
- Jameson Lopp Discusses the Current State of and Future of Bitcoin
- 2025-04-25 05:35:12
- SoftBank Returns to Crypto 3 Years After Son's Costly Bitcoin Bet
- 2025-04-25 05:35:12
- U.S. Senator Dave McCormick, Former Bridgewater CEO, Is Putting His Own Cash Into Bitcoin (BTC)
- 2025-04-25 05:30:12
- Ohio Could Soon Let You Pay Fees in Bitcoin or Other Cryptocurrency
- 2025-04-25 05:30:12
Related knowledge
How does Tail Protection reduce the loss of liquidation?
Apr 11,2025 at 01:50am
Introduction to Tail Protection in CryptocurrencyTail Protection is a mechanism designed to mitigate the risks associated with liquidation in cryptocurrency trading. Liquidation occurs when a trader's position is forcibly closed by the exchange due to insufficient margin to cover potential losses. This often happens in leveraged trading, where traders b...
What are the consequences of an imbalance in the long-short ratio?
Apr 13,2025 at 02:50pm
The long-short ratio is a critical metric in the cryptocurrency trading world, reflecting the balance between bullish and bearish sentiments among traders. An imbalance in this ratio can have significant consequences on the market dynamics, affecting everything from price volatility to trading strategies. Understanding these consequences is essential fo...
How to judge the market trend by the position volume?
Apr 11,2025 at 02:29pm
Understanding how to judge the market trend by position volume is crucial for any cryptocurrency trader. Position volume, which refers to the total number of open positions in a particular cryptocurrency, can provide valuable insights into market sentiment and potential price movements. By analyzing this data, traders can make more informed decisions ab...
Why does a perpetual contract have no expiration date?
Apr 09,2025 at 08:43pm
Perpetual contracts, also known as perpetual futures or perpetual swaps, are a type of derivative product that has gained significant popularity in the cryptocurrency market. Unlike traditional futures contracts, which have a fixed expiration date, perpetual contracts do not expire. This unique feature raises the question: why does a perpetual contract ...
Why is the full-position mode riskier than the position-by-position mode?
Apr 13,2025 at 03:42pm
Why is the Full-Position Mode Riskier Than the Position-by-Position Mode? In the world of cryptocurrency trading, the choice between full-position mode and position-by-position mode can significantly impact the risk profile of a trader's portfolio. Understanding the differences between these two modes is crucial for making informed trading decisions. Th...
How is the liquidation price calculated?
Apr 12,2025 at 01:35am
Introduction to Liquidation PriceLiquidation price is a critical concept in the world of cryptocurrency trading, particularly when dealing with leveraged positions. Understanding how this price is calculated is essential for traders to manage their risk effectively. The liquidation price is the point at which a trader's position is forcibly closed by th...
How does Tail Protection reduce the loss of liquidation?
Apr 11,2025 at 01:50am
Introduction to Tail Protection in CryptocurrencyTail Protection is a mechanism designed to mitigate the risks associated with liquidation in cryptocurrency trading. Liquidation occurs when a trader's position is forcibly closed by the exchange due to insufficient margin to cover potential losses. This often happens in leveraged trading, where traders b...
What are the consequences of an imbalance in the long-short ratio?
Apr 13,2025 at 02:50pm
The long-short ratio is a critical metric in the cryptocurrency trading world, reflecting the balance between bullish and bearish sentiments among traders. An imbalance in this ratio can have significant consequences on the market dynamics, affecting everything from price volatility to trading strategies. Understanding these consequences is essential fo...
How to judge the market trend by the position volume?
Apr 11,2025 at 02:29pm
Understanding how to judge the market trend by position volume is crucial for any cryptocurrency trader. Position volume, which refers to the total number of open positions in a particular cryptocurrency, can provide valuable insights into market sentiment and potential price movements. By analyzing this data, traders can make more informed decisions ab...
Why does a perpetual contract have no expiration date?
Apr 09,2025 at 08:43pm
Perpetual contracts, also known as perpetual futures or perpetual swaps, are a type of derivative product that has gained significant popularity in the cryptocurrency market. Unlike traditional futures contracts, which have a fixed expiration date, perpetual contracts do not expire. This unique feature raises the question: why does a perpetual contract ...
Why is the full-position mode riskier than the position-by-position mode?
Apr 13,2025 at 03:42pm
Why is the Full-Position Mode Riskier Than the Position-by-Position Mode? In the world of cryptocurrency trading, the choice between full-position mode and position-by-position mode can significantly impact the risk profile of a trader's portfolio. Understanding the differences between these two modes is crucial for making informed trading decisions. Th...
How is the liquidation price calculated?
Apr 12,2025 at 01:35am
Introduction to Liquidation PriceLiquidation price is a critical concept in the world of cryptocurrency trading, particularly when dealing with leveraged positions. Understanding how this price is calculated is essential for traders to manage their risk effectively. The liquidation price is the point at which a trader's position is forcibly closed by th...
See all articles
