-
Bitcoin $95,192.8409
-4.53% - Ethereum
$2,598.7320
-16.07% - Tether USDt
$1.0012
0.14% - XRP
$2.4151
-16.18% - Solana
$198.8078
-6.18% - BNB
$576.8739
-11.70% - USDC
$1.0001
0.00% - Dogecoin
$0.2542
-15.33% - Cardano
$0.7119
-19.22% - TRON
$0.2220
-8.06% - Chainlink
$19.2586
-14.99% - Avalanche
$25.3658
-18.84% - Stellar
$0.3337
-13.70% - Sui
$3.1968
-13.90% - Toncoin
$3.8128
-16.85% - Hedera
$0.2411
-14.02% - UNUS SED LEO
$9.6969
-0.56% - Shiba Inu
$0.0...01441
-17.42% - Hyperliquid
$23.6659
5.42% - Litecoin
$99.0961
-14.32% - Bitget Token
$6.2204
-7.28% - Polkadot
$4.6691
-19.44% - Bitcoin Cash
$317.8510
-20.04% - Ethena USDe
$0.9986
-0.17% - Uniswap
$9.2068
-13.90% - Dai
$1.0001
0.01% - MANTRA
$5.2577
1.06% - Pepe
$0.0...09761
-19.76% - NEAR Protocol
$3.4174
-17.78% - Monero
$217.3876
-5.55%
Poloniex contract operation process
Poloniex's futures trading platform facilitates the speculation on future asset prices, requiring traders to open a futures account, deposit funds, select contracts, place orders, manage positions, and close accounts upon completion.
Nov 26, 2024 at 02:44 pm
Poloniex Contract Operation Process
Poloniex is a cryptocurrency exchange that offers a variety of trading options, including spot trading, margin trading, and futures trading. Futures trading is a type of derivative contract that allows traders to speculate on the future price of an asset.
To trade futures contracts on Poloniex, you will need to first open a futures account. Once you have opened a futures account, you can deposit funds into your account and start trading.
The Poloniex contract operation process is as follows:
1. Opening a Futures Account
To open a futures account on Poloniex, you will need to:
- Log in to your Poloniex account.
- Click on the "Futures" tab.
- Click on the "Open Futures Account" button.
- Enter the required information and click on the "Submit" button.
Once you have opened a futures account, you will be able to deposit funds into your account and start trading.
2. Depositing Funds into Your Futures Account
To deposit funds into your futures account, you will need to:
- Log in to your Poloniex account.
- Click on the "Futures" tab.
- Click on the "Deposit" button.
- Select the currency that you want to deposit.
- Enter the amount that you want to deposit.
- Click on the "Submit" button.
Your funds will be deposited into your futures account within a few minutes.
3. Trading Futures Contracts
To trade futures contracts on Poloniex, you will need to:
- Log in to your Poloniex account.
- Click on the "Futures" tab.
- Select the futures contract that you want to trade.
- Enter the number of contracts that you want to buy or sell.
- Click on the "Buy" or "Sell" button.
Your order will be placed on the Poloniex order book. Once your order is filled, you will be able to view your open positions in the "Positions" tab.
4. Managing Your Open Positions
Once you have open positions, you will need to manage them carefully. You can do this by:
- Monitoring the market price of the underlying asset.
- Adjusting your stop-loss and take-profit orders.
- Closing your positions when you are ready to take profits or cut losses.
5. Closing Your Futures Account
When you are finished trading futures contracts, you can close your futures account. To do this, you will need to:
- Log in to your Poloniex account.
- Click on the "Futures" tab.
- Click on the "Close Futures Account" button.
- Enter the required information and click on the "Submit" button.
Your futures account will be closed within a few minutes.
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.
- XRP Price Prediction: Could the Ripple Token Surge Past $10?
- 2025-02-03 15:10:58
- Remittix (RTX): The Next Big Crypto? SHIB Investors Think So!
- 2025-02-03 15:10:58
- XRP Makes a Remarkable Start to 2025, Soaring in DeFi and Generating ETF Hype
- 2025-02-03 15:10:58
- WallitIQ (WLTQ) Presale Gains Momentum Amid AI Crypto Boom, Targets 1000x Rally to Challenge XRP and Bitcoin
- 2025-02-03 15:10:58
- Top 5 Cryptos to Invest in This Month: Qubetics, AAVE, Cosmos, Solana, and Cardano
- 2025-02-03 15:00:59
- The Cryptocurrency Market: Navigating the Storm Amid Trade Wars
- 2025-02-03 15:00:59
Related knowledge
What are the impacts of different contract leverage multiples?
Dec 16,2024 at 12:46pm
Impacts of Different Contract Leverage MultiplesLeverage, a tool leveraged in the financial realm, amplifies trading activities and enhances potential returns while simultaneously magnifying risks. Understanding the implications of varying leverage multiples is paramount for savvy traders. This article delves into the impacts of different contract lever...
Which is more suitable for novices, contract trading or margin trading on Huobi.com?
Dec 16,2024 at 12:44pm
Which is More Suitable for Novices: Contract Trading or Margin Trading on Huobi.com?As a novice trader venturing into the world of cryptocurrency trading, the choice between contract trading and margin trading on Huobi.com can be a daunting one. Both instruments offer unique advantages and drawbacks, making it crucial to understand their key differences...
What does the leverage ratio of contract trading mean?
Dec 16,2024 at 12:43pm
What does the leverage ratio of contract trading mean?IntroductionLeverage ratio is a key concept in contract trading, allowing traders to gain exposure to a larger position than their initial capital would allow. This can potentially amplify both profits and losses, making it crucial for traders to understand its implications.Understanding Leverage Rat...
What scams exist in leveraged trading of virtual currency contracts?
Dec 16,2024 at 12:42pm
What Scams Exist in Leveraged Trading of Virtual Currency Contracts?Leveraged trading of virtual currency contracts, also known as margin trading, can be a lucrative way to increase your profits. However, it is important to be aware of the various scams that exist in this market so that you can protect yourself from losing your money.Pump-and-dump scams...
What is 20x leverage on Bitcoin contracts?
Dec 16,2024 at 12:40pm
What is 20x Leverage on Bitcoin Contracts?IntroductionLeverage is a powerful tool in the world of trading that can magnify both profits and losses. However, it's essential to understand the risks involved before using leverage, especially when trading volatile assets like Bitcoin. In this comprehensive guide, we will delve into the concept of 20x levera...
What is the difference between Huobi’s margin trading and contract trading?
Dec 16,2024 at 12:39pm
Understanding the Distinctions between Huobi Margin Trading and Contract TradingIntroductionHuobi, a leading cryptocurrency exchange, offers diverse trading options to cater to traders' varying risk tolerance and investment goals. Among these options are Margin Trading and Contract Trading, each with distinct features and trading mechanisms. This compre...
What are the impacts of different contract leverage multiples?
Dec 16,2024 at 12:46pm
Impacts of Different Contract Leverage MultiplesLeverage, a tool leveraged in the financial realm, amplifies trading activities and enhances potential returns while simultaneously magnifying risks. Understanding the implications of varying leverage multiples is paramount for savvy traders. This article delves into the impacts of different contract lever...
Which is more suitable for novices, contract trading or margin trading on Huobi.com?
Dec 16,2024 at 12:44pm
Which is More Suitable for Novices: Contract Trading or Margin Trading on Huobi.com?As a novice trader venturing into the world of cryptocurrency trading, the choice between contract trading and margin trading on Huobi.com can be a daunting one. Both instruments offer unique advantages and drawbacks, making it crucial to understand their key differences...
What does the leverage ratio of contract trading mean?
Dec 16,2024 at 12:43pm
What does the leverage ratio of contract trading mean?IntroductionLeverage ratio is a key concept in contract trading, allowing traders to gain exposure to a larger position than their initial capital would allow. This can potentially amplify both profits and losses, making it crucial for traders to understand its implications.Understanding Leverage Rat...
What scams exist in leveraged trading of virtual currency contracts?
Dec 16,2024 at 12:42pm
What Scams Exist in Leveraged Trading of Virtual Currency Contracts?Leveraged trading of virtual currency contracts, also known as margin trading, can be a lucrative way to increase your profits. However, it is important to be aware of the various scams that exist in this market so that you can protect yourself from losing your money.Pump-and-dump scams...
What is 20x leverage on Bitcoin contracts?
Dec 16,2024 at 12:40pm
What is 20x Leverage on Bitcoin Contracts?IntroductionLeverage is a powerful tool in the world of trading that can magnify both profits and losses. However, it's essential to understand the risks involved before using leverage, especially when trading volatile assets like Bitcoin. In this comprehensive guide, we will delve into the concept of 20x levera...
What is the difference between Huobi’s margin trading and contract trading?
Dec 16,2024 at 12:39pm
Understanding the Distinctions between Huobi Margin Trading and Contract TradingIntroductionHuobi, a leading cryptocurrency exchange, offers diverse trading options to cater to traders' varying risk tolerance and investment goals. Among these options are Margin Trading and Contract Trading, each with distinct features and trading mechanisms. This compre...
See all articles
