-
Bitcoin
$83,363.2738
-1.04% -
Ethereum
$1,896.3860
-1.68% -
Tether USDt
$0.9995
-0.06% -
XRP
$2.3356
-2.21% -
BNB
$631.1123
3.75% -
Solana
$128.5517
-4.88% -
USDC
$0.9997
-0.03% -
Dogecoin
$0.1715
-2.53% -
Cardano
$0.7145
-3.50% -
TRON
$0.2122
-3.47% -
Pi
$1.4066
-6.51% -
Chainlink
$13.6527
-3.11% -
UNUS SED LEO
$9.5751
-2.50% -
Toncoin
$3.4601
-0.52% -
Stellar
$0.2715
-0.81% -
Hedera
$0.1931
0.56% -
Shiba Inu
$0.0...01319
1.42% -
Avalanche
$18.4907
-4.87% -
Sui
$2.2782
-2.23% -
Litecoin
$92.5554
0.23% -
Polkadot
$4.3962
1.79% -
MANTRA
$6.9586
5.00% -
Bitcoin Cash
$332.9865
-1.68% -
Ethena USDe
$0.9994
-0.04% -
Dai
$1.0001
0.01% -
Bitget Token
$4.4168
-1.29% -
Hyperliquid
$13.5702
-0.51% -
Monero
$210.3788
-0.44% -
Uniswap
$6.1464
-2.03% -
Aptos
$5.3406
-0.04%
How to sell DigiFinex contracts
To sell contracts on DigiFinex, select the desired contract, specify the number and price, and click 'Sell' to place an order on the exchange's order book.
Nov 25, 2024 at 09:53 pm

How to Sell DigiFinex Contracts
DigiFinex is a cryptocurrency exchange that allows users to trade a variety of digital assets, including contracts. Contracts are a type of derivative that allows traders to speculate on the future price of an underlying asset.
If you are new to contract trading, it is important to understand the basics before you start trading. This guide will provide you with a step-by-step guide on how to sell DigiFinex contracts.
Requirements:
- A DigiFinex account
- A digital wallet that supports the underlying asset of the contract
- Funds in your DigiFinex account
Steps:
1. Open a DigiFinex Account
If you do not already have a DigiFinex account, you will need to create one. To do this, visit the DigiFinex website and click on the "Sign Up" button. You will be prompted to enter your email address, create a password, and agree to the terms of service.
2. Deposit Funds into Your DigiFinex Account
Once you have created a DigiFinex account, you will need to deposit funds into your account in order to trade contracts. To do this, click on the "Deposit" button in the top right corner of the screen. You will be presented with a list of deposit options. Choose the option that is most convenient for you and follow the instructions to complete your deposit.
3. Choose the Contract You Want to Sell
Once you have funds in your DigiFinex account, you can start trading contracts. To do this, click on the "Contracts" tab in the top menu bar. You will be presented with a list of all the contracts that are available for trading on DigiFinex.
Choose the contract that you want to sell and click on the "Sell" button. You will be prompted to enter the number of contracts that you want to sell and the price that you want to sell them at.
4. Enter the Number of Contracts You Want to Sell
In the "Number of Contracts" field, enter the number of contracts that you want to sell. You can sell a whole number of contracts or a fraction of a contract.
5. Enter the Price You Want to Sell at
In the "Price" field, enter the price that you want to sell the contracts at. You can enter a limit price or a market price. A limit price is the highest price that you are willing to sell the contracts at, while a market price is the current market price of the contracts.
6. Click on the "Sell" Button
Once you have entered the number of contracts that you want to sell and the price that you want to sell them at, click on the "Sell" button. Your order will be placed on the order book and will be executed when the market price reaches your desired price.
7. Monitor Your Order
Once your order has been placed, you can monitor its status in the "Orders" tab. You can see the current status of your order, the price that it was executed at, and the total profit or loss that you have made on the trade.
8. Withdraw Your Profits
Once you have sold your contracts and made a profit, you can withdraw your profits from your DigiFinex account. To do this, click on the "Withdraw" button in the top right corner of the screen. You will be prompted to enter the amount that you want to withdraw and the address of the wallet that you want to withdraw to.
Additional Tips for Selling DigiFinex Contracts
- Use a stop-loss order to limit your losses. A stop-loss order is an order that is placed to sell your contracts if the market price falls below a certain level. This can help you to protect your profits and limit your losses in the event of a sudden market downturn.
- Take profit orders periodically. A take profit order is an order that is placed to sell your contracts if the market price rises above a certain level. This can help you to lock in your profits and prevent you from giving them back in the event of a sudden market reversal.
- Be patient. Contract trading can be a profitable venture, but it is important to be patient and wait for the right opportunities. Do not try to force trades and always trade with a plan.
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.
- Bitcoin (BTC) Price Prediction: Will BTC Hit Rp1.63T ($100K) After the Fed's Decision?
- 2025-03-17 14:50:57
- New RBI governor Sanjay Malhotra announces expansion of United Payments Interface (UPI)
- 2025-03-17 14:50:57
- The Bitcoin call options contracts open than put options
- 2025-03-17 14:50:57
- Han Lin Shares Gate.io's Entrepreneurial Journey, Platform Strategic Evolution, and Industry Insights
- 2025-03-17 14:50:57
- The 5 Altcoins That Should Be Sold Before the End of March
- 2025-03-17 14:45:57
- Melania Trump Cryptocurrency, MELANIA/USD, Surges 6.29% as a Whale Opens 5x Leveraged Long Position
- 2025-03-17 14:45:57
Related knowledge

What is the difference between the mark price and the latest price on Binance Futures?
Mar 17,2025 at 02:36pm
Key Points:Mark Price: A fair price calculated using multiple exchanges' prices, minimizing manipulation. It's crucial for funding rates and liquidation calculations.Latest Price: The most recent trade price on Binance Futures. Subject to volatility and potential manipulation.Discrepancies: Differences arise due to market depth, order book imbalances, a...

How to operate cross-product arbitrage of Bitcoin contracts?
Mar 17,2025 at 01:00pm
Key Points:Understanding Bitcoin contract arbitrage relies on exploiting price discrepancies across different exchanges.Successful arbitrage requires speed, low latency connections, and sophisticated trading algorithms.Risk management is crucial, as market volatility and slippage can negate profits.Fees and slippage significantly impact profitability. C...

How is the funding rate of Bitcoin contracts calculated?
Mar 17,2025 at 10:30am
Key Points:Bitcoin perpetual contracts utilize funding rates to align the price of the contract with the spot price of Bitcoin.The funding rate is calculated based on the difference between the perpetual contract price and the spot price, and the demand for long or short positions.A positive funding rate means long positions pay short positions, and vic...

How to avoid the risk of liquidation in Bitcoin contracts?
Mar 17,2025 at 09:56am
Key Points:Understanding Margin and Leverage: The core of avoiding liquidation lies in responsible leverage use.Monitoring Market Volatility: Sudden price swings are the biggest liquidation threat. Constant vigilance is crucial.Position Sizing and Risk Management: Never risk more than you can afford to lose. Proper position sizing is paramount.Stop-Loss...

What are the advantages of smart contracts?
Mar 14,2025 at 11:51pm
Key Points:Enhanced Security: Smart contracts minimize the risk of fraud and human error through automated execution.Increased Transparency: All transactions and contract terms are publicly viewable on the blockchain, fostering trust and accountability.Automation & Efficiency: Smart contracts automate processes, eliminating intermediaries and speeding u...

What are the application scenarios of smart contracts?
Mar 13,2025 at 03:26pm
Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...

What is the difference between the mark price and the latest price on Binance Futures?
Mar 17,2025 at 02:36pm
Key Points:Mark Price: A fair price calculated using multiple exchanges' prices, minimizing manipulation. It's crucial for funding rates and liquidation calculations.Latest Price: The most recent trade price on Binance Futures. Subject to volatility and potential manipulation.Discrepancies: Differences arise due to market depth, order book imbalances, a...

How to operate cross-product arbitrage of Bitcoin contracts?
Mar 17,2025 at 01:00pm
Key Points:Understanding Bitcoin contract arbitrage relies on exploiting price discrepancies across different exchanges.Successful arbitrage requires speed, low latency connections, and sophisticated trading algorithms.Risk management is crucial, as market volatility and slippage can negate profits.Fees and slippage significantly impact profitability. C...

How is the funding rate of Bitcoin contracts calculated?
Mar 17,2025 at 10:30am
Key Points:Bitcoin perpetual contracts utilize funding rates to align the price of the contract with the spot price of Bitcoin.The funding rate is calculated based on the difference between the perpetual contract price and the spot price, and the demand for long or short positions.A positive funding rate means long positions pay short positions, and vic...

How to avoid the risk of liquidation in Bitcoin contracts?
Mar 17,2025 at 09:56am
Key Points:Understanding Margin and Leverage: The core of avoiding liquidation lies in responsible leverage use.Monitoring Market Volatility: Sudden price swings are the biggest liquidation threat. Constant vigilance is crucial.Position Sizing and Risk Management: Never risk more than you can afford to lose. Proper position sizing is paramount.Stop-Loss...

What are the advantages of smart contracts?
Mar 14,2025 at 11:51pm
Key Points:Enhanced Security: Smart contracts minimize the risk of fraud and human error through automated execution.Increased Transparency: All transactions and contract terms are publicly viewable on the blockchain, fostering trust and accountability.Automation & Efficiency: Smart contracts automate processes, eliminating intermediaries and speeding u...

What are the application scenarios of smart contracts?
Mar 13,2025 at 03:26pm
Key Points:Smart contracts automate agreements, removing intermediaries.Diverse applications across DeFi, NFTs, supply chain management, and more.Security and scalability remain key challenges.Understanding the underlying blockchain technology is crucial for effective implementation.Legal frameworks are still evolving to accommodate smart contract dispu...
See all articles
