Perpetual contracts are derivative products settled in digital assets, allowing traders to profit from both rising and falling markets. Unlike traditional futures, these contracts have no expiration date.
Key Features of Perpetual Contracts
- 24/7 Trading: Trade anytime without delivery deadlines
- Flexible Leverage: Up to 100x leverage available
- Two Contract Types: Coin-margined and USDT-margined options
- Risk Management Tools: Built-in stop-loss/take-profit mechanisms
Getting Started (App Version)
1. Fund Transfer
Before trading, transfer assets to your trading account:
- Navigate to Assets → Fund Transfer
- Select currency (e.g., USDT)
- Choose transfer direction: Funding Account → Trading Account
- Enter amount and confirm
2. Account Configuration
Configure your trading preferences:
- Account Mode: Switch between standard and advanced modes
- Trading Units: Select preferred denomination (coins, contracts, or USDT)
- Leverage Settings: Adjust multiplier according to risk tolerance
Trading Strategies
Going Long (Bullish Position)
When anticipating price increases:
- Select BTC/USDT pair
- Choose Perpetual → USDT Contract
Set parameters:
- Position type (Cross/Isolated)
- Leverage (1-100x)
- Order type (Limit/Market)
- Enter price and quantity
- Execute Buy Long order
Position Management:
- Monitor positions in real-time
- Set stop-loss/take-profit levels
- Close positions manually or via preset triggers
Going Short (Bearish Position)
When expecting price decreases:
- Select BTC/USDT pair
- Choose Perpetual → USDT Contract
Set parameters:
- Position type (Cross/Isolated)
- Leverage (1-100x)
- Order type (Limit/Market)
- Enter price and quantity
- Execute Sell Short order
Web Platform Guide
👉 Advanced trading interface offers additional tools for professional traders.
Key Differences:
- Larger workspace for technical analysis
- More order types available
- Enhanced charting capabilities
Risk Management Essentials
- Understand Leverage: Higher multipliers increase both potential gains and losses
- Use Stop-Loss Orders: Automatically limit losses during volatility
- Monitor Margin Levels: Prevent liquidations by maintaining adequate collateral
- Diversify Positions: Avoid over-concentration in single assets
FAQ Section
Q: What's the difference between coin-margined and USDT-margined contracts?
A: Coin-margined contracts use the underlying crypto as collateral, while USDT-margined contracts use stablecoins for all positions.
Q: How does funding rate work in perpetual contracts?
A: Regular payments between long/short positions help maintain price parity with spot markets.
Q: What happens during forced liquidation?
A: When margin falls below maintenance level, positions are automatically closed to prevent negative balances.
Q: Can I change leverage after opening a position?
A: Yes, but this may affect your margin requirements and liquidation price.
Q: How are profits/losses calculated?
A: PnL = (Exit Price - Entry Price) × Position Size × Contract Multiplier
Pro Tips
- Start with lower leverage (5-10x) until comfortable
- Use demo accounts to practice strategies
- Regularly check funding rates before positions
- Keep spare funds for margin requirements
👉 Comprehensive trading guide available for advanced techniques.
Remember: Contract trading carries substantial risk - only trade with funds you can afford to lose.