-
Bitcoin $88,528.5821
1.60% - Ethereum
$1,627.9897
-0.15% - Tether USDt
$0.9999
-0.01% - XRP
$2.1034
-0.97% - BNB
$605.4842
0.46% - Solana
$140.0033
0.23% - USDC
$1.0001
0.01% - Dogecoin
$0.1645
1.74% - TRON
$0.2464
1.35% - Cardano
$0.6412
-0.26% - Chainlink
$13.4496
-0.34% - Avalanche
$20.4044
-0.88% - UNUS SED LEO
$8.8459
-6.44% - Stellar
$0.2490
-4.17% - Sui
$2.3130
2.12% - Shiba Inu
$0.0...01257
-0.56% - Toncoin
$2.9135
-3.52% - Hedera
$0.1725
0.70% - Bitcoin Cash
$347.0066
1.87% - Hyperliquid
$18.2549
2.01% - Litecoin
$79.4705
-1.53% - Polkadot
$3.7759
-3.42% - Dai
$0.9999
-0.01% - Bitget Token
$4.4443
-0.71% - Ethena USDe
$0.9992
-0.01% - Pi
$0.6345
0.05% - Monero
$216.0153
-0.06% - Pepe
$0.0...08131
3.42% - Uniswap
$5.3950
-0.76% - OKB
$51.0907
0.33%
How to trade perpetual contract on Huobi
Sentence: To trade perpetual contracts on Huobi, traders must open an account, fund it, select a contract, choose a position, set leverage, place an order, monitor their position, and close it when desired.
Nov 08, 2024 at 08:35 am
How to Trade Perpetual Contracts on Huobi: A Comprehensive Guide
Perpetual contracts are a popular financial instrument that allows traders to speculate on the price of an underlying asset without an expiry date. They are similar to futures contracts but offer greater flexibility and liquidity.
Step 1: Opening an Account on Huobi
To trade perpetual contracts on Huobi, you need to open an account on the platform. The process is straightforward and can be completed in a few minutes.
Step 2: Funding Your Account
To trade perpetual contracts, you must fund your account with a sufficient amount of funds. Huobi supports a wide range of funding options, including cryptocurrencies, fiat currencies, and stablecoins.
Step 3: Selecting a Perpetual Contract
Huobi offers a variety of perpetual contracts, which track the price of popular cryptocurrencies, commodities, and indices. Choose the contract that you wish to trade based on your market analysis and trading strategy.
Step 4: Choosing a Position Long/Short
Depending on your market outlook, you can choose to take either a long or short position when trading perpetual contracts. A long position bets on the price of the underlying asset to rise, while a short position bets on the price to fall.
Step 5: Setting Leverage
Leverage allows traders to increase their potential profits while also amplifying their risks. Huobi offers adjustable leverage for different perpetual contracts, ranging from 2x to 50x. Use leverage judiciously to avoid excessive losses.
Step 6: Placing an Order
To place an order, specify the type of order, the price, and the amount you wish to trade. Huobi supports a variety of order types, including market orders, limit orders, and stop-loss orders.
Step 7: Monitoring Your Position
Once you have placed an order, monitor it regularly to manage your risk and secure profits. Huobi provides real-time market data, charts, and trading alerts to help you stay informed.
Step 8: Closing Your Position
To close your position, simply place an opposing order of the same size and type. For example, if you have a long position, you would place a short order to close it.
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.
- British drug gang makes its own crypto to launch money
- 2025-04-22 18:50:12
- US Bitcoin ETFs Record Their Largest Daily Inflows Since January
- 2025-04-22 18:50:12
- Days before his 2025 inauguration, President Donald Trump announced the launch of his meme coin, a form of cryptocurrency.
- 2025-04-22 18:45:12
- XRP Community Figures Highlight Final Deadlines for SEC Decisions on Multiple Spot-Based XRP ETF Applications
- 2025-04-22 18:45:12
- Is It Time to Throw $1,000 Into Raydium Right Now? RAY Price Outlook
- 2025-04-22 18:40:12
- Mantra Burns 300 Million OM Tokens, Equivalent to 16.5% of the Total Supply
- 2025-04-22 18:40:12
Related knowledge
How does Tail Protection reduce the loss of liquidation?
Apr 11,2025 at 01:50am
Introduction to Tail Protection in CryptocurrencyTail Protection is a mechanism designed to mitigate the risks associated with liquidation in cryptocurrency trading. Liquidation occurs when a trader's position is forcibly closed by the exchange due to insufficient margin to cover potential losses. This often happens in leveraged trading, where traders b...
What are the consequences of an imbalance in the long-short ratio?
Apr 13,2025 at 02:50pm
The long-short ratio is a critical metric in the cryptocurrency trading world, reflecting the balance between bullish and bearish sentiments among traders. An imbalance in this ratio can have significant consequences on the market dynamics, affecting everything from price volatility to trading strategies. Understanding these consequences is essential fo...
How to judge the market trend by the position volume?
Apr 11,2025 at 02:29pm
Understanding how to judge the market trend by position volume is crucial for any cryptocurrency trader. Position volume, which refers to the total number of open positions in a particular cryptocurrency, can provide valuable insights into market sentiment and potential price movements. By analyzing this data, traders can make more informed decisions ab...
Why does a perpetual contract have no expiration date?
Apr 09,2025 at 08:43pm
Perpetual contracts, also known as perpetual futures or perpetual swaps, are a type of derivative product that has gained significant popularity in the cryptocurrency market. Unlike traditional futures contracts, which have a fixed expiration date, perpetual contracts do not expire. This unique feature raises the question: why does a perpetual contract ...
Why is the full-position mode riskier than the position-by-position mode?
Apr 13,2025 at 03:42pm
Why is the Full-Position Mode Riskier Than the Position-by-Position Mode? In the world of cryptocurrency trading, the choice between full-position mode and position-by-position mode can significantly impact the risk profile of a trader's portfolio. Understanding the differences between these two modes is crucial for making informed trading decisions. Th...
How is the liquidation price calculated?
Apr 12,2025 at 01:35am
Introduction to Liquidation PriceLiquidation price is a critical concept in the world of cryptocurrency trading, particularly when dealing with leveraged positions. Understanding how this price is calculated is essential for traders to manage their risk effectively. The liquidation price is the point at which a trader's position is forcibly closed by th...
How does Tail Protection reduce the loss of liquidation?
Apr 11,2025 at 01:50am
Introduction to Tail Protection in CryptocurrencyTail Protection is a mechanism designed to mitigate the risks associated with liquidation in cryptocurrency trading. Liquidation occurs when a trader's position is forcibly closed by the exchange due to insufficient margin to cover potential losses. This often happens in leveraged trading, where traders b...
What are the consequences of an imbalance in the long-short ratio?
Apr 13,2025 at 02:50pm
The long-short ratio is a critical metric in the cryptocurrency trading world, reflecting the balance between bullish and bearish sentiments among traders. An imbalance in this ratio can have significant consequences on the market dynamics, affecting everything from price volatility to trading strategies. Understanding these consequences is essential fo...
How to judge the market trend by the position volume?
Apr 11,2025 at 02:29pm
Understanding how to judge the market trend by position volume is crucial for any cryptocurrency trader. Position volume, which refers to the total number of open positions in a particular cryptocurrency, can provide valuable insights into market sentiment and potential price movements. By analyzing this data, traders can make more informed decisions ab...
Why does a perpetual contract have no expiration date?
Apr 09,2025 at 08:43pm
Perpetual contracts, also known as perpetual futures or perpetual swaps, are a type of derivative product that has gained significant popularity in the cryptocurrency market. Unlike traditional futures contracts, which have a fixed expiration date, perpetual contracts do not expire. This unique feature raises the question: why does a perpetual contract ...
Why is the full-position mode riskier than the position-by-position mode?
Apr 13,2025 at 03:42pm
Why is the Full-Position Mode Riskier Than the Position-by-Position Mode? In the world of cryptocurrency trading, the choice between full-position mode and position-by-position mode can significantly impact the risk profile of a trader's portfolio. Understanding the differences between these two modes is crucial for making informed trading decisions. Th...
How is the liquidation price calculated?
Apr 12,2025 at 01:35am
Introduction to Liquidation PriceLiquidation price is a critical concept in the world of cryptocurrency trading, particularly when dealing with leveraged positions. Understanding how this price is calculated is essential for traders to manage their risk effectively. The liquidation price is the point at which a trader's position is forcibly closed by th...
See all articles
