Market Cap: $2.9119T 0.030%
Volume(24h): $109.3847B -14.990%
Fear & Greed Index:

52 - Neutral

  • Market Cap: $2.9119T 0.030%
  • Volume(24h): $109.3847B -14.990%
  • Fear & Greed Index:
  • Market Cap: $2.9119T 0.030%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How does the Deepcoin perpetual contract work?

Deepcoin's perpetual contract combines the flexibility of spot trading with the leverage of futures, allowing traders to take long or short positions on a variety of underlying assets without physical delivery.

Dec 01, 2024 at 03:57 am

How does the Deepcoin perpetual contract work?

Deepcoin offers a perpetual contract that allows traders to gain exposure to the price movements of an underlying asset without the need for physical delivery.

How does a perpetual contract differ from a futures contract?

Perpetual contracts differ from futures contracts in the following ways:

  • Perpetual contracts do not have an expiration date, so they can be held indefinitely.
  • Perpetual contracts are settled in cash, not physical delivery of the underlying asset.
  • The price of a perpetual contract is constantly fluctuating, based on the spot price of the underlying asset plus or minus a funding rate.

How does Deepcoin's perpetual contract work?

Deepcoin's perpetual contract is based on the following mechanics:

  • Margin: Traders must post margin to open and maintain a perpetual contract position. This acts as collateral to cover any potential losses.
  • Leverage: Traders can use leverage to increase their exposure to the price movements of an underlying asset. However, this also increases their risk of loss, as any losses are magnified by the leverage factor.
  • Funding rate: The funding rate is a small fee that is paid or received by traders, depending on the direction of the trade. It is designed to keep the price of the perpetual contract in line with the spot price of the underlying asset.

The steps involved in trading a perpetual contract:

  1. Open an account with Deepcoin.
  2. Fund your account with the desired amount of margin.
  3. Choose the underlying asset you wish to trade.
  4. Select the desired leverage level.
  5. Place a buy or sell order.
  6. Monitor your position and adjust as necessary.
  7. Close your position when you are ready to exit the trade.

Benefits of trading perpetual contracts with Deepcoin:

  • 24/7 trading: Deepcoin's perpetual contract is available to trade 24 hours a day, 7 days a week.
  • Low fees: Deepcoin offers competitive trading fees, making it an attractive option for frequent traders.
  • High leverage: Traders can use up to 100x leverage on Deepcoin's perpetual contract, allowing them to increase their potential returns.
  • Robust platform: Deepcoin's trading platform is user-friendly and offers a range of features to meet the needs of both beginners and experienced traders.

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.

Related knowledge

How does Tail Protection reduce the loss of liquidation?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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

User not found or password invalid

Your input is correct