How to close a position on CoinEx contract

To close a futures contract on CoinEx, navigate to the futures trading interface, select the contract, click 'Close Position', enter the amount to close, and confirm.

Nov 26, 2024 at 08:10 am

How to Close a Position on CoinEx Contract

CoinEx is a leading cryptocurrency exchange that offers a wide range of trading options, including futures contracts. Futures contracts are agreements to buy or sell a specific asset at a predetermined price on a future date. They can be used for hedging, speculation, or arbitrage.

If you're holding a futures contract on CoinEx and want to close it, you'll need to follow these steps:

1. Navigate to the futures trading interface and click on Contracts.

2. Select the CoinEx contract you wish to close from the list.

3. Click on 'Close Position'.

4. Enter the amount of the position you want to close and click 'Close'.

Your position will now be closed and you will receive or pay the profit or loss.

Additional information:

You can closing only portion of you position if needed.
If you want to close all of your position, you can click the 'Close All' button.
The minimum closing amount for a position is 1 contract.
The closing fee is 0.03% of the contract value.
The closing price is the market price at the time you click 'Close'.
You can view your closed positions in the 'Order History' tab.

Here are some additional tips for managing your CoinEx futures contracts.

Keep track of your positions and make sure you understand the risks involved.
Use limit orders to protect yourself from large losses.
Don't overleverage yourself.
Use a stop-loss order to protect yourself from large losses.
Close your positions before they expire.

By following these tips, you can help yourself to maximize your profits and minimize your losses when trading futures contracts on CoinEx.

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

KEEP

$0.1131

63.17%

Trade Now
FUN

$0.0084

52.37%

Trade Now
STMX

$0.0044

31.47%

Trade Now
AUCTION

$14.7441

12.38%

Trade Now
PI

$0.5934

11.95%

Trade Now
DF

$0.0504

10.06%

Trade Now

Latest Crypto News

BlackRock CEO Larry Fink Breaks Into Financial Discussions to Argue How Bitcoin May Seriously Rival the US Dollar's Status
2025-04-06 11:00:12
Is the Ethereum Blockchain in Crisis?
2025-04-06 11:00:12
XRP Price Continues to Suffer from the Overall Bearish Sentiment Gripping the Market
2025-04-06 10:55:13
Remittix (RTX) Emerges as a New Contender in the Cross-Border Payments Arena
2025-04-06 10:55:13
The Renzo price has soared 11% in the last 24 hours to trade at $0.02198
2025-04-06 10:50:12
Solana (SOL) Price Shows Renewed Investor Interest Following a Recent Decline
2025-04-06 10:50:12

Related knowledge

How to set take profit in Bybit contract trading?

Apr 04,2025 at 10:22am

Setting take profit in Bybit contract trading is an essential skill for managing your trades effectively. Bybit, a popular cryptocurrency derivatives exchange, allows traders to set take profit orders to automatically close positions when they reach a certain profit level. This helps in securing gains without the need for constant monitoring. To set a t...

How to trade CoinEx leveraged futures?

Apr 03,2025 at 03:56am

Trading leveraged futures on CoinEx can be an exciting way to potentially amplify your profits in the cryptocurrency market. Leveraged futures allow traders to borrow funds to increase their trading position, which can lead to higher returns, but also comes with increased risk. In this article, we will guide you through the process of trading CoinEx lev...

How to get started with BitMEX futures trading?

Apr 05,2025 at 08:42am

BitMEX, short for Bitcoin Mercantile Exchange, is a popular platform for trading cryptocurrency futures. If you're interested in getting started with BitMEX futures trading, this guide will walk you through the process step-by-step. From setting up your account to understanding the basics of futures trading, we'll cover everything you need to know to be...

How to trade MEXC leveraged futures?

Apr 04,2025 at 09:49pm

Trading MEXC leveraged futures can be an exciting way to potentially amplify your profits in the cryptocurrency market. Leveraged futures allow traders to borrow funds to increase their trading position, which can lead to higher returns but also comes with increased risk. In this article, we will guide you through the process of trading MEXC leveraged f...

How to avoid liquidation in Gate.io Futures Trading?

Apr 06,2025 at 12:21am

Liquidation in futures trading can be a daunting experience, especially for newcomers. Gate.io, a popular cryptocurrency exchange, offers futures trading with various tools and strategies to help traders avoid liquidation. Understanding the mechanics of futures trading and implementing effective risk management techniques are crucial to maintaining a he...

What are the risks of KuCoin futures trading?

Apr 03,2025 at 01:14am

KuCoin futures trading offers traders the opportunity to speculate on the future price of cryptocurrencies, but it comes with its own set of risks that traders need to be aware of. Understanding these risks is crucial for anyone looking to engage in futures trading on the KuCoin platform. This article will delve into the various risks associated with Ku...