How to use DigiFinex contract address

The contract address for a DigiFinex futures contract is a unique identifier for the underlying asset, expiration date, and contract terms, and is essential for placing futures orders.

Nov 26, 2024 at 01:16 am

How to Use DigiFinex Contract Address

DigiFinex is a cryptocurrency exchange that offers a variety of trading options, including spot trading, margin trading, and futures trading. To trade futures on DigiFinex, you will need to use a contract address.

A contract address is a unique identifier for a futures contract. It is used to identify the underlying asset, the expiration date, and the other terms of the contract. When you place an order for a futures contract, you will need to specify the contract address for the contract you want to trade.

To find the contract address for a futures contract on DigiFinex, you can use the following steps:

Go to the DigiFinex website and log in to your account.
Click on the "Futures" tab at the top of the page.
Select the "Contract" tab on the left side of the page.
Find the futures contract you want to trade and click on it.
The contract address for the futures contract will be displayed on the page.

Once you have found the contract address for the futures contract you want to trade, you can use it to place an order. To place an order, you will need to specify the following information:

The contract address
The order type (e.g., market order, limit order, stop order)
The order quantity
The order price (if applicable)

Once you have specified all of the required information, you can click on the "Buy" or "Sell" button to place your order.

Here are some additional tips for using contract addresses on DigiFinex:

Always make sure that you are using the correct contract address for the futures contract you want to trade. If you use the wrong contract address, your order will not be executed.
Be aware of the expiration date for the futures contract you are trading. If you do not close your position before the expiration date, you will lose your investment.
Futures trading is a high-risk activity. Only trade with capital that you can afford to lose.

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