How to open a contract account in Deepcoin

By following these steps, you can seamlessly open a contract account on Deepcoin and begin trading futures contracts with ease and confidence.

Nov 29, 2024 at 09:34 pm

How to Open a Contract Account in Deepcoin: A Comprehensive Guide

Introduction:

Opening a contract account in Deepcoin allows you to trade futures contracts on the platform. This guide provides a step-by-step walkthrough to help you seamlessly establish your contract account.

Prerequisites:

Create a verified Deepcoin spot account.
Complete identity verification (KYC).

Step 1: Navigate to the Contract Trading Page

Log in to your Deepcoin account and hover over "Trade" in the navigation bar.
Select "Futures" from the dropdown menu.

Step 2: Agree to the Contract Trading Agreement

A pop-up window will appear asking you to read and agree to the Contract Trading Agreement.
Review the terms carefully and click "Confirm" to proceed.

Step 3: Choose and Activate Your Contract Account

Select the contract account type you wish to open (USDT-margined or Coin-margined).
Read the risk disclosure statement and click "Activate" to create the account.

Step 4: Transfer Funds to Your Contract Account

Once the contract account is activated, deposit funds from your spot account to the contract account.
Click "Transfer" in the contract account section and follow the prompts to initiate the transfer.

Step 5: Apply for Leverage Permission

If you wish to trade with leverage, you need to apply for and obtain leverage permission.
Click "Leverage" in the contract account section, select your desired leverage level, and submit the application.
Your application will be reviewed within 24 hours.

Step 6: Choose the Asset You Wish to Trade

On the contract trading page, select the asset you wish to trade from the list of available contracts.

Step 7: Place Your Order

Choose the order type (Limit Order, Market Order, Stop Limit Order, or Trailing Stop Market Order).
Specify the order quantity, price, and other relevant parameters.
Click "Buy" or "Sell" to place the order.

Additional Tips:

Ensure you have a stable internet connection throughout the process.
Carefully review all terms and conditions before activating your contract account.
Be aware of the potential risks associated with futures trading, including leverage.
Start with a small trading size to minimize risks until you gain experience.

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！

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