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How to view BitMEX contract rates
Visit the BitMEX website at https://www.bitmex.com/ to view real-time contract rates and details for trading futures contracts in various cryptocurrencies.
Nov 08, 2024 at 01:50 am
How to View BitMEX Contract Rates
BitMEX is a popular cryptocurrency exchange that offers a wide range of futures contracts. These contracts allow traders to speculate on the future price of various cryptocurrencies. In order to trade BitMEX futures contracts, it is important to first understand how to view the contract rates.
1. Visit the BitMEX website
The first step is to visit the BitMEX website. Once you are on the homepage, click on the "Contracts" tab.
2. Choose the contract you want to view
On the "Contracts" page, you will see a list of all the available futures contracts. Choose the contract that you want to view by clicking on its name.
3. View the contract rate
Once you have selected a contract, you will be taken to the contract page. The contract rate is displayed in the "Last Price" field. This is the current price of the contract.
4. View the other contract details
In addition to the contract rate, the contract page also displays other important details about the contract, such as:
- The contract size
- The contract multiplier
- The contract expiration date
- The contract trading volume
5. Use the contract rate to trade
Once you have viewed the contract rate, you can use it to trade the contract. To do this, you will need to create an order. You can create an order by clicking on the "Buy" or "Sell" button on the contract page.
6. Monitor the contract rate
Once you have created an order, it is important to monitor the contract rate. This will help you to ensure that your order is executed at the best possible price.
7. Close your order
When you are finished trading, you will need to close your order. You can do this by clicking on the "Cancel" button on the order page.
8. Withdraw your funds
Once you have closed your order, you can withdraw your funds from BitMEX. To do this, you will need to create a withdrawal request. You can create a withdrawal request by clicking on the "Withdraw" tab on the homepage.
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