ProBit Global Contract Guide

ProBit Global offers perpetual futures contracts with high leverage options, advanced trading features, and a diverse range of cryptocurrency assets to choose from, making it a popular choice for contract trading among crypto traders.

Dec 04, 2024 at 06:12 am

ProBit Global Contract Guide

What are Perpetual Futures Contracts?

• Perpetual futures contracts are agreements to buy or sell an asset at a defined price on a future date.
• Unlike traditional futures contracts, perpetual futures do not expire, allowing traders to hold positions indefinitely.
• They track the spot price of the underlying asset, offering traders exposure to price movements without owning the asset.

Why ProBit Global for Contract Trading?

• Leading Crypto Exchange: ProBit Global ranks among the top cryptocurrency exchanges in terms of liquidity and trading volume.
• Innovative Contract Products: The exchange offers a diverse range of perpetual futures contracts, including popular cryptocurrencies like BTC, ETH, and EOS.
• High Leverage Options: Traders can leverage their positions up to 100x, maximizing potential profits but also increasing risk.
• Advanced Trading Features: ProBit Global's platform provides advanced trading tools such as stop-loss and take-profit orders to manage risk and maximize returns.

How to Trade Contracts on ProBit Global?

1. Create an Account:

   • Visit the ProBit Global website and click "Sign Up" to create a trading account.
   • Provide your email address, create a password, and complete the registration process.

2. Fund Your Account:

   • Deposit cryptocurrencies into your ProBit Global wallet to fund your trading account.
   • Supported cryptocurrencies include BTC, ETH, USDT, and more.

3. Access Contract Trading:

   • Navigate to the "Contracts" tab on the ProBit Global trading platform.
   • Select the contract you want to trade (e.g., BTC-USDT perpetual future).

4. Choose Trading Order Parameters:

   • Specify the order type (market, limit, stop-loss, or take-profit).
   • Enter the contract quantity, leverage level, and price for limit orders.
   • Specify risk management parameters such as stop-loss and take-profit prices.

5. Execute the Trade:

   • Confirm your trading parameters and click "Buy" or "Sell" to execute the trade.
   • Your position will appear in the "Open Orders" section of the trading interface.

6. Monitor and Manage Positions:

   • Monitor your open positions and adjust your strategy as needed.
   • Use stop-loss and take-profit orders to limit potential losses and secure profits.
   • Adjust your leverage level or close positions to manage risk.

7. Withdraw Funds:

   • Once you have closed your trading positions, you can withdraw your earnings from your ProBit Global wallet.
   • Withdraw your traded cryptocurrencies or convert them to a stablecoin for easier withdrawal.