How to close a contract on BitMart

To close a futures contract on BitMart, simply log in, navigate to the Futures tab, choose the contract, click "Close," input the desired close amount, and confirm the transaction to receive the proceeds in your account.

Nov 28, 2024 at 10:07 pm

How to Close a Contract on BitMart

BitMart is a popular cryptocurrency exchange that offers a variety of trading options, including futures contracts. Futures contracts are agreements to buy or sell a certain amount of an asset at a predetermined price at a future date. They can be used to hedge against risk or to speculate on the price of an asset.

If you're new to futures contracts, it's important to understand how they work before you start trading them. Once you have a basic understanding of futures contracts, you can follow these steps to close a contract on BitMart:

Log in to your BitMart account.
Click on the "Futures" tab.
Select the contract you want to close.
Click on the "Close" button.
Enter the amount of the contract you want to close.
Click on the "Confirm" button.

The contract will now be closed. You will receive the proceeds of the contract in your BitMart account.

Here are some things to keep in mind when closing a contract on BitMart:

Make sure you have a clear understanding of the contract you are closing. This includes the terms of the contract, the price of the asset, and the expiration date.
Close the contract before the expiration date. If you do not close the contract before the expiration date, it will be automatically closed at the market price. This could result in a loss if the price of the asset has fallen since you opened the contract.
Be aware of the fees associated with closing a contract. BitMart charges a fee for each contract that is closed. The fee is based on the size of the contract.

By following these steps, you can safely and easily close a contract on BitMart.

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

RAIN

$0.007852

113.00%

Trade Now
PIPPIN

$0.06097

51.96%

Trade Now
PARTI

$0.1396

42.04%

Trade Now
WAVES

$0.9141

41.69%

Trade Now
ARC

$0.04302

35.73%

Trade Now
HONEY

$0.01029

21.80%

Trade Now

Latest Crypto News

Mitsubishi Gas Chemical: Decoding the Future Power Hype Analysis
2026-02-10 09:45:02
Congressman Aderholt's Commemorative Coin Bill Unites House for America's 250th Anniversary
2026-02-10 09:55:02
Rotorua's Parking Predicament: Will Coins Cash Out in the City of Sulphur?
2026-02-10 06:55:01
PEPE Price Navigates Treacherous Waters: Key Support Under Siege Amid Relentless Bear Pressure
2026-02-10 07:35:01
Binance, Ripple (XRP), and Altcoins: A Market Shake-Up on the Horizon
2026-02-10 07:30:02
The Shifting Stages of Honor, the Kennedy Center, and Modern Philanthropy
2026-02-10 07:20:02

Related knowledge

How to Maximize Leverage Safely for Day Trading Crypto?

Feb 08,2026 at 01:19am

Understanding Leverage Mechanics in Crypto Derivatives1. Leverage multiplies both potential gains and losses by allowing traders to control larger pos...

How to Set Up a "One-Click" Trading Interface for Scalping?

Feb 09,2026 at 10:59pm

Core Architecture Requirements1. A low-latency WebSocket connection must be established directly with the exchange’s order book feed to receive real-t...

How to Trade Ethereum Futures Before and After Major Upgrades?

Feb 08,2026 at 09:40am

Understanding Ethereum Futures Mechanics1. Ethereum futures contracts are standardized agreements to buy or sell ETH at a predetermined price and date...

How to Find High-Liquidity Pairs for Large Contract Trades?

Feb 08,2026 at 06:20pm

Finding High-Liquidity Pairs for Large Contract TradesTraders executing large contract orders must prioritize liquidity to avoid slippage and price im...

How to Use "Mark Price" vs. "Last Price" to Prevent Liquidation?

Feb 07,2026 at 05:39pm

Understanding Mark Price Mechanics1. Mark price is a composite value derived from multiple spot exchange indices and funding rate adjustments, designe...

How to Calculate "Return on Equity" (ROE) in Leverage Trading?

Feb 08,2026 at 04:39am

Understanding Return on Equity in Leverage Trading1. Return on Equity (ROE) in leverage trading measures the profitability generated relative to the t...