Where are DigiFinex contracts?

DigiFinex Contracts are easily accessible from the "Trade" tab in the top navigation bar of the exchange's website.

Nov 29, 2024 at 01:35 pm

Where are DigiFinex Contracts?

Introduction

DigiFinex is a cryptocurrency exchange that offers a wide range of trading services, including spot trading, margin trading, and futures trading. Futures contracts are a type of derivative that allow traders to speculate on the future price of an underlying asset. On DigiFinex, futures contracts are traded in the "Contracts" section of the website.

Step 1: Accessing the Contracts Section

1. To access the Contracts section, hover over the "Trade" tab in the top navigation bar and click on "Contracts".
2. This will take you to the Contracts page, where you can view a list of all available futures contracts.

Step 2: Choosing a Futures Contract

1. To choose a futures contract, click on the "Symbol" column to sort the contracts by symbol.
2. Find the contract that you are interested in trading and click on the "Trade" button.
3. This will take you to the order entry page for the selected contract.

Step 3: Placing an Order

1. On the order entry page, you can enter the following information:

   • Quantity: The number of contracts that you want to buy or sell.
   • Price: The price at which you want to buy or sell the contracts.
   • Order Type: The type of order that you want to place.
2. Once you have entered all of the necessary information, click on the "Buy" or "Sell" button to place your order.

Step 4: Managing Your Trades

1. Once you have placed an order, it will be displayed in the "My Orders" section of the Contracts page.
2. You can view the status of your orders, modify them, or cancel them from this section.

Additional Features

In addition to the basic trading features, DigiFinex Contracts also offers a number of additional features, including:

• Leverage: Traders can use leverage to increase their potential profits. However, it is important to note that leverage can also increase your risk of losses.
• Stop-Loss Orders: Stop-loss orders allow traders to limit their losses in the event that the price of the underlying asset moves against them.
• Take-Profit Orders: Take-profit orders allow traders to lock in their profits when the price of the underlying asset reaches a certain level.

Conclusion

DigiFinex Contracts is a powerful trading tool that can be used to speculate on the future price of cryptocurrencies. By following the steps outlined in this article, you can easily access the Contracts section, choose a futures contract, place an order, and manage your trades.