Where is the ProBit Global usdt-based contract?

To locate the USDT-based contract on ProBit Global, navigate to the "Contracts" tab, scroll down to the "USDT Perpetual" section, and select the "BTC/USDT" contract.

Nov 30, 2024 at 09:59 am

Where is the ProBit Global usdt-based contract?

ProBit Global is a cryptocurrency exchange that offers a variety of trading options, including a USDT-based contract. This contract allows traders to speculate on the price of Bitcoin without having to own the underlying asset.

To find the ProBit Global USDT-based contract, follow these steps:

1. Go to the ProBit Global website and log in to your account.
2. Click on the "Contracts" tab at the top of the page.
3. Scroll down to the "USDT Perpetual" section.
4. Click on the "BTC/USDT" contract.

The USDT-based contract is a perpetual contract, which means that it has no expiration date. This allows traders to hold the contract for as long as they want, without having to worry about it expiring.

The contract is also leveraged, which means that traders can amplify their profits (and losses) by using borrowed funds. The leverage can be adjusted from 1x to 100x.

The USDT-based contract is a popular choice for traders who want to speculate on the price of Bitcoin without having to own the underlying asset. The contract is also leveraged, which allows traders to amplify their profits (and losses).

Benefits of using the ProBit Global USDT-based contract

There are several benefits to using the ProBit Global USDT-based contract, including:

• No expiration date: The contract has no expiration date, so traders can hold it for as long as they want without having to worry about it expiring.
• Leveraged: The contract is leveraged, which means that traders can amplify their profits (and losses) by using borrowed funds.
• Low fees: ProBit Global charges low fees for trading the USDT-based contract.
• Easy to use: The trading platform is easy to use, even for beginners.

Risks of using the ProBit Global USDT-based contract

There are also some risks associated with using the ProBit Global USDT-based contract, including:

• Volatility: The price of Bitcoin can be volatile, which can lead to large losses.
• Leverage: The contract is leveraged, which can amplify both profits and losses.
• Margin calls: If the price of Bitcoin moves against you, you may receive a margin call, which requires you to add more funds to your account in order to maintain your position.

How to use the ProBit Global USDT-based contract

To use the ProBit Global USDT-based contract, you will need to:

1. Open an account with ProBit Global.
2. Fund your account with USDT.
3. Go to the "Contracts" tab at the top of the page.
4. Scroll down to the "USDT Perpetual" section.
5. Click on the "BTC/USDT" contract.
6. Enter the amount of USDT that you want to trade.
7. Select the leverage that you want to use.
8. Click on the "Buy" or "Sell" button.

Once you have placed your order, it will be filled immediately. You can then monitor the performance of your contract by clicking on the "Positions" tab at the top of the page.

Tips for using the Probit Global usdt-based contract.

Here are a few tips for using the ProBit Global usdt-based contract:

• Start with a small amount of money. This will help you to limit your losses if the market moves against you.
• Use leverage carefully. Leverage can amplify both profits and losses.
• Monitor your positions regularly. This will help you to identify any potential problems early on.
• Be aware of the risks involved. The price of Bitcoin can be volatile, and you could lose money trading the USDT-based contract.