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 GuideWhat 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?

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.
Fund Your Account:
- Deposit cryptocurrencies into your ProBit Global wallet to fund your trading account.
- Supported cryptocurrencies include BTC, ETH, USDT, and more.
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).
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.
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.
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.
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.

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