How to activate BigONE 100x contract

To activate BigONE's 100x contract, users must have an account on the exchange, ensuring they can navigate cryptocurrency trading effortlessly.

Nov 26, 2024 at 07:27 am

Step 1: Open an Account on BigONE

To activate the BigONE 100x contract, you must first create an account on the BigONE exchange. This process is straightforward and requires only a few basic steps. Visit the BigONE website and click on the "Sign Up" button. You will need to provide your email address, create a password, and agree to the terms of service. Once you have completed these steps, you will receive a confirmation email. Click on the link in the email to activate your account.

Step 2: Fund Your Account

Once your account is activated, you will need to fund it with cryptocurrency in order to trade 100x contracts. BigONE supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, and USDT. You can deposit cryptocurrency into your account by clicking on the "Deposit" button and selecting the desired cryptocurrency. You will need to provide the address of your cryptocurrency wallet and the amount of cryptocurrency you wish to deposit. Once you have submitted your deposit request, the cryptocurrency will be credited to your BigONE account within a few minutes.

Step 3: Enable 100x Contract Trading

Before you can trade 100x contracts on BigONE, you will need to enable 100x contract trading on your account. To do this, click on the "Contracts" tab and then click on the "Settings" button. On the settings page, you will see a checkbox labeled "Enable 100x Contract Trading." Click on the checkbox and then click on the "Save" button.

Step 4: Choose a 100x Contract

Once you have enabled 100x contract trading on your account, you can choose a 100x contract to trade. BigONE offers a wide range of 100x contracts, including contracts based on Bitcoin, Ethereum, and other cryptocurrencies. To choose a 100x contract, click on the "Contracts" tab and then select the desired contract. You will see a chart of the contract's price history, as well as information about the contract's specifications.

Step 5: Place an Order

Once you have chosen a 100x contract, you can place an order to buy or sell the contract. To place an order, click on the "Buy/Sell" button. You will need to specify the quantity of contracts you wish to buy or sell, as well as the price at which you wish to buy or sell the contracts. You can also choose to place a limit order or a market order. A limit order will only be executed if the price of the contract reaches a specified level, while a market order will be executed immediately at the best available price.

Step 6: Monitor Your Order

Once you have placed an order, you can monitor the status of your order by clicking on the "Orders" tab. You will see a list of all your open orders, as well as information about the status of each order. You can cancel an order at any time by clicking on the "Cancel" button next to the order.

Step 7: Close Your Position

When you are ready to close your position, you can do so by clicking on the "Close Position" button. You will need to specify the quantity of contracts you wish to close, as well as the price at which you wish to close the contracts. You can also choose to close your position at market price or at a specified price. Once you have submitted your close position request, your position will be