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How to make a ProBit Global contract

To begin contract trading on ProBit Global, users must first open an account, fund it with sufficient funds, and choose a contract market based on their preferred underlying asset.

Nov 23, 2024 at 11:35 pm

Step 1: Understand the Basics of Contract Trading on ProBit Global

Contract trading involves leveraging financial instruments called futures contracts to speculate on the future price movements of an underlying asset.
Futures contracts are binding agreements to buy or sell a specific quantity of an asset at a predetermined price and date.
ProBit Global offers a diverse range of contract markets, including Bitcoin, Ethereum, and other popular cryptocurrencies.

Step 2: Open a ProBit Global Account

Visit the ProBit Global website and click on the "Register" button.
Provide your email address, create a password, and agree to the terms of service.
Verify your email address by clicking on the link sent to your inbox.

Step 3: Fund Your Account

To begin trading contracts, you need to fund your ProBit Global account with sufficient funds.
ProBit Global supports a variety of deposit methods, including cryptocurrency transfers and credit/debit card payments.

Step 4: Choose a Contract Market

ProBit Global offers a wide selection of contract markets to choose from.
Each contract market represents a specific underlying asset, such as Bitcoin or Ethereum.
Consider the volatility and liquidity of different markets before selecting one to trade.

Step 5: Place a Contract Order

Once you have selected a contract market, you can place your order.
There are two main types of orders: limit orders and market orders.
Limit orders allow you to specify the desired price at which you want to buy or sell a contract, while market orders execute at the best available market price.

Step 6: Monitor Your Position

After placing your order, it's important to monitor your position regularly.
The value of a contract can fluctuate significantly, so it's essential to track its performance and adjust your strategy as needed.
ProBit Global provides a user-friendly interface that allows you to monitor your open positions and view real-time market data.

Step 7: Close Your Position

When you are ready to exit a contract position, you need to close your order.
To close a position, simply place the opposite order (i.e., if you bought a contract, you need to sell it, and vice versa).
The profit or loss from your trade will be based on the difference between the entry and exit prices.

Step 8: Withdraw Your Funds

Once you have closed all your positions and have a positive balance in your account, you can withdraw your funds.
ProBit Global allows you to withdraw your funds in cryptocurrency or fiat currency (depending on the available withdrawal methods).

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