How to pay AscendEX contract margin

To pay margin using USDT on AscendEX, users can navigate to their "Wallet" page, select "Deposit," choose "USDT," enter the desired amount, and click "Deposit."

Nov 27, 2024 at 04:10 pm

How to Pay AscendEX Contract Margin

AscendEX is a leading cryptocurrency exchange that offers a variety of trading options, including contract trading. Contract trading allows traders to speculate on the future price of an asset without having to own the underlying asset.

To trade contracts on AscendEX, you must first fund your account with margin. Margin is a loan that allows you to trade with more capital than you have in your account.

There are two ways to pay margin on AscendEX:

Using USDT
Using Crypto Assets

Using USDT

To pay margin using USDT, follow these steps:

Log in to your AscendEX account and navigate to the "Wallet" page.
Click on the "Deposit" button.
Select "USDT" from the drop-down menu.
Enter the amount of USDT you want to deposit.
Click on the "Deposit" button.

Once you have deposited USDT into your account, you can use it to pay margin for contract trading.

Using Crypto Assets

To pay margin using crypto assets, follow these steps:

Log in to your AscendEX account and navigate to the "Wallet" page.
Click on the "Deposit" button.
Select the crypto asset you want to deposit from the drop-down menu.
Enter the amount of crypto asset you want to deposit.
Click on the "Deposit" button.

Once you have deposited crypto assets into your account, you can use them to pay margin for contract trading.

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