Contract

Text

Mobile MEXC contract operation process

To begin contract trading on the MEXC mobile app, one must establish an account, deposit funds, comprehend contract trading, select a contract, place an order, monitor the position, close it, and finally withdraw the funds.

Nov 14, 2024 at 08:39 pm

Mobile MEXC Contract Operation Process

Step 1: Create an MEXC Account

Download the MEXC app from the App Store (iOS) or Google Play (Android).
Register for a new account by providing your email address, phone number, or social media account.
Verify your identity by completing KYC (Know Your Customer) procedures.

Step 2: Deposit Funds

Tap on "Assets" in the bottom menu.
Select "Deposit" and choose your preferred deposit method (e.g., cryptocurrencies, fiat currencies).
Follow the on-screen instructions to complete the deposit process.

Step 3: Understand Contract Trading

Contracts are financial instruments that allow traders to speculate on the price movements of underlying assets like cryptocurrencies.
MEXC offers various contract types, including futures and options.
Familiarize yourself with the concepts of margin, leverage, and risk management before trading contracts.

Step 4: Choose a Contract

Tap on "Contracts" in the bottom menu.
Select a contract from the available list by filtering by underlying asset, type, or other criteria.
Review the contract details thoroughly, including the underlying asset, margin requirements, and expiration date.

Step 5: Place an Order

Choose between limit orders (executed at a specified price) and market orders (executed at the best available price).
Enter the contract amount, leverage, and stop-loss/take-profit orders (optional).
Confirm the order details and tap on "Buy" or "Sell" to place the order.

Step 6: Monitor Your Position

After placing an order, you can monitor your position by tapping on "Orders" or "Positions" in the bottom menu.
Adjust the position by increasing or decreasing the margin, adjusting leverage, or setting stop-loss/take-profit orders as needed.

Step 7: Close the Position

To close a position, tap on "Close" in the Position details page.
Choose between closing at market price or limit price.
Confirm the closing details and tap on "Close" to complete the transaction.

Step 8: Withdraw Funds

When you are ready to withdraw funds, tap on "Assets" and select "Withdraw."
Choose your preferred withdrawal method, enter the amount and withdrawal address.
Complete the withdrawal process by following the on-screen instructions.

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

SHOGGOTH

$0.1516

93.35%

Trade Now
MIGGLES

$0.1226

66.66%

Trade Now
ANT

$3.82

50.53%

Trade Now
VIRTUAL

$0.4820

40.10%

Trade Now
DEGEN

$0.0287

39.74%

Trade Now
LUNA

$0.0839

38.49%

Trade Now

Latest Crypto News

PM Modi's Aircraft Experiences Technical Issue, Return to Delhi Delayed After 'No-Flying Zone' Declared
2024-11-15 20:20:02
Pennsylvania May Soon Establish Bitcoin as a Strategic Reserve Asset
2024-11-15 20:20:02
DTX Exchange Races Past Milestones as Shiba Inu Investors Join Its Presale, Pushing Funds Above $7.6 Million
2024-11-15 20:10:01
Shiba Inu vs. Pepe Coin vs. Rexas Finance: Which One Will Grow Your Portfolio 10000% This Cycle?
2024-11-15 20:20:02
Dogecoin Surges after Trump’s Re-election, while Cardano Enters a Correction Phase, and Rollblock’s GambleFi Protocol Reaches New Highs with Strong Presale Performance
2024-11-15 20:20:02
The CREATE MORE Act: A Major Step in the Philippines' Drive to Become a Tech Leader in Southeast Asia
2024-11-15 20:30:01

Related knowledge

How to play Upbit usdt contract

Nov 15,2024 at 02:04pm

How to Play Upbit USDT ContractIntroductionUpbit is one of the leading cryptocurrency exchanges in South Korea. It offers a variety of trading options, including spot trading, margin trading, and futures trading. Upbit also offers a USDT contract, which is a type of futures contract that is denominated in USDT.Benefits of Playing Upbit USDT ContractTher...

How to calculate Upbit contract rate

Nov 15,2024 at 04:47am

A Comprehensive Guide to Calculating Upbit Contract RatesUpbit, a leading South Korean cryptocurrency exchange, offers a comprehensive suite of trading options, including cryptocurrency spot trading, margin trading, and futures contracts trading. Futures contracts are financial instruments that allow traders to speculate on the future price of an asset,...

How long does it take for Upbit contract settlement

Nov 14,2024 at 10:10pm

How Long Does It Take for Upbit Contract Settlement?Upbit, a renowned South Korean cryptocurrency exchange, offers a diverse range of trading options, including spot trading and contract trading. Contract trading, also known as futures trading, allows traders to speculate on the future price movements of underlying assets without taking physical possess...

How to open 75x contracts on Upbit

Nov 15,2024 at 12:50pm

How to Open 75x Contracts on UpbitUpbit is a South Korean cryptocurrency exchange that offers a wide range of trading options, including 75x contracts. 75x contracts are a type of leveraged contract that allows traders to multiply their potential profits by up to 75 times. However, it is important to note that leveraged trading also amplifies potential ...

What is Upbit contract trading

Nov 14,2024 at 10:46pm

What is Upbit Contract Trading?Upbit is a South Korean cryptocurrency exchange that offers a wide range of trading options, including spot trading, margin trading, and contract trading. Contract trading, also known as futures trading, allows traders to speculate on the future price of a cryptocurrency without having to actually own the underlying asset....

Which is better for beginners, Upbit contracts or leverage

Nov 15,2024 at 08:56pm

Which is Better for Beginners, Upbit Contracts or Leverage?IntroductionUpbit, the leading cryptocurrency exchange in South Korea, offers two main trading products: Upbit Contracts and Upbit Leverage. Both products allow traders to trade cryptocurrencies with leverage, but they differ in terms of the underlying assets, the risks involved, and the trading...