As the price of bitcoin continues to rise, the trading volume of bitcoin futures exchanges has exceeded 20 billion US dollars, reaching the highest value in recent days, and investors who are interested in bitcoin futures have also increased. So, what to do with bitcoin futures? It has become the most concerned issue for investors at this stage. The following editor will give you a popular science.
At present, the exchange has nothing to say. The editor recommends that you trade bitcoin contracts on the 8v exchange (if you have no account, you can click to register an account), you only need to create an account and pre-deposit a small amount of funds. Here is a guide for trading Bitcoin futures contracts:
1. Create an 8v exchange account and enable 2FA (two-factor authentication). If you already have an account, be sure to enable two-factor authentication in order to deposit funds into the contract account.
2. Buying BUSD, Tether (USDT) or other supported cryptocurrencies for contract trading. The most convenient way is to buy with a debit or credit card.
3. Go to Bitcoin Contracts and select the type of contract you want to buy. Select coin-margined contract or U-margined contract.
4. Choose a reasonable leverage multiple. You can do this on the right side of the [Cross Position] button in the trading user interface. Remember: increasing leverage increases the risk of liquidation, even for small price movements.
5. Please select the quantity and type of the order, then click [Buy/Long] or [Sell/Short] to open a Bitcoin contract position.
Through the above introduction, I believe that everyone has a certain understanding of bitcoin futures. In fact, bitcoin futures are standardized contracts with the bitcoin price index as the target, that is, futures contracts. The editor reminds that the risk of bitcoin futures contracts is relatively high at present, and newbies in the currency circle should be cautious when investing in bitcoin futures.
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