Market Cap: $3.0267T 3.720%
Volume(24h): $192.3834B -14.450%
Fear & Greed Index:

85 - Extreme Greed

Market Cap: $3.0267T 3.08%
Volume(24h): $192.3834B 3.08%
  • Market Cap: $3.0267T 3.720%
  • Volume(24h): $192.3834B -14.450%
  • Fear & Greed Index:
  • Market Cap: $3.0267T 3.720%

Select Language

Select Language

Select Currency

how to trade futures on mexc

Futures trading, offered on platforms like MEXC, enables traders to speculate on price movements or hedge against risk through contracts that represent underlying assets like commodities or currencies.

Oct 28, 2024 at 09:52 pm

1. Understand Futures Trading

Futures trading involves buying or selling contracts that represent underlying assets such as commodities, indices, or currencies. These contracts obligate the parties to exchange the asset at a predetermined price and time. Futures contracts allow traders to speculate on future price movements or hedge against risk.

2. Open an Account on MEXC

MEXC is a reputable cryptocurrency exchange that offers futures trading services. To trade futures, you must create an account by providing personal information, email address, and phone number. Verify your identity to enhance account security.

3. Deposit Funds

Transfer funds into your MEXC account to start trading. MEXC supports various deposit methods, including cryptocurrencies, fiat currencies, and credit/debit cards.

4. Learn the Futures Interface

Familiarize yourself with the MEXC futures trading interface, which includes order books, price charts, and trading controls. Understand the different order types and trading strategies to make informed decisions.

5. Choose a Futures Contract

Select a futures contract that aligns with your trading goals. MEXC offers a wide range of futures contracts across different asset classes, such as BTC/USDT, ETH/USDT, and more.

6. Place an Order

Decide whether you want to go long (buy and sell later) or short (sell and buy later). Input the order details, including the order quantity, price (limit order) or target price (market order), and leverage (optional).

7. Manage Your Positions

Once your order is executed, your account will display your open positions. Monitor these positions to track their performance and make necessary adjustments. Adjust leverage, take profits, or set stop-loss orders to manage risk.

8. Close Your Position

When you wish to exit a trade, place an opposite order that matches the quantity of your open position. For example, if you went long, you would now place a short order to close the position and realize your profit or loss.

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.

Related knowledge

how to access coinbase without phone number

Nov 13,2024 at 08:20pm

Unlocking Coinbase Without a Phone Number: A Comprehensive GuideIntroductionCoinbase, one of the leading cryptocurrency exchanges, has implemented mandatory phone number verification as a security measure. However, for various reasons, some users may not have access to a phone number or prefer to use the platform without providing it. This article prese...

how to recover coinbase account without phone number

Nov 13,2024 at 10:24pm

How To Recover Coinbase Account Without Phone NumberCoinbase is one of the most popular cryptocurrency exchanges in the world. It is known for its user-friendly interface and its wide range of supported cryptocurrencies. However, like any other online service, Coinbase accounts can be hacked or compromised. If you have lost access to your Coinbase accou...

how to add money to coinbase without bank account

Nov 15,2024 at 08:44pm

How to Add Money to Coinbase Without a Bank AccountCoinbase is a popular cryptocurrency exchange that allows users to buy, sell, and trade digital assets. While bank transfers are the most common way to fund a Coinbase account, there are several alternative methods available for users who do not have a bank account.This article will provide step-by-step...

does zelle work with coinbase

Nov 16,2024 at 09:25am

Does Zelle Work with Coinbase? A Comprehensive GuideIntroductionZelle and Coinbase are two popular platforms in the financial and cryptocurrency realms, respectively. While Zelle facilitates digital money transfers within the United States, Coinbase serves as a leading cryptocurrency exchange. The question of whether these platforms can seamlessly integ...

can i buy bitcoin with zelle on coinbase

Nov 15,2024 at 03:14pm

Can I Buy Bitcoin with Zelle on Coinbase?In the realm of cryptocurrency exchanges, Coinbase stands as a prominent platform, renowned for its user-friendly interface and comprehensive trading options. As the crypto market continues to evolve, the demand for efficient and secure payment methods has surged. Zelle, a popular peer-to-peer payment platform, h...

can you buy bitcoin with coinbase

Nov 15,2024 at 12:16am

Can You Buy Bitcoin with Coinbase?Yes, Coinbase is one of the most popular cryptocurrency exchanges that allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin. In this article, we will provide a comprehensive guide on how to buy Bitcoin with Coinbase.Step 1: Create a Coinbase AccountVisit the Coinbase website and click on the ...

how to access coinbase without phone number

how to access coinbase without phone number

Nov 13,2024 at 08:20pm

Unlocking Coinbase Without a Phone Number: A Comprehensive GuideIntroductionCoinbase, one of the leading cryptocurrency exchanges, has implemented mandatory phone number verification as a security measure. However, for various reasons, some users may not have access to a phone number or prefer to use the platform without providing it. This article prese...

how to recover coinbase account without phone number

how to recover coinbase account without phone number

Nov 13,2024 at 10:24pm

How To Recover Coinbase Account Without Phone NumberCoinbase is one of the most popular cryptocurrency exchanges in the world. It is known for its user-friendly interface and its wide range of supported cryptocurrencies. However, like any other online service, Coinbase accounts can be hacked or compromised. If you have lost access to your Coinbase accou...

how to add money to coinbase without bank account

how to add money to coinbase without bank account

Nov 15,2024 at 08:44pm

How to Add Money to Coinbase Without a Bank AccountCoinbase is a popular cryptocurrency exchange that allows users to buy, sell, and trade digital assets. While bank transfers are the most common way to fund a Coinbase account, there are several alternative methods available for users who do not have a bank account.This article will provide step-by-step...

does zelle work with coinbase

does zelle work with coinbase

Nov 16,2024 at 09:25am

Does Zelle Work with Coinbase? A Comprehensive GuideIntroductionZelle and Coinbase are two popular platforms in the financial and cryptocurrency realms, respectively. While Zelle facilitates digital money transfers within the United States, Coinbase serves as a leading cryptocurrency exchange. The question of whether these platforms can seamlessly integ...

can i buy bitcoin with zelle on coinbase

can i buy bitcoin with zelle on coinbase

Nov 15,2024 at 03:14pm

Can I Buy Bitcoin with Zelle on Coinbase?In the realm of cryptocurrency exchanges, Coinbase stands as a prominent platform, renowned for its user-friendly interface and comprehensive trading options. As the crypto market continues to evolve, the demand for efficient and secure payment methods has surged. Zelle, a popular peer-to-peer payment platform, h...

can you buy bitcoin with coinbase

can you buy bitcoin with coinbase

Nov 15,2024 at 12:16am

Can You Buy Bitcoin with Coinbase?Yes, Coinbase is one of the most popular cryptocurrency exchanges that allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin. In this article, we will provide a comprehensive guide on how to buy Bitcoin with Coinbase.Step 1: Create a Coinbase AccountVisit the Coinbase website and click on the ...

See all articles

User not found or password invalid

Your input is correct

Cancel