How to open a BigONE contract account

To open a BigONE contract account, visit their website, register an account, enable contract trading, fund your account, select a contract to trade, set leverage, open a position, and manage it through the Orders menu.

Nov 30, 2024 at 11:48 pm

How to Open a BigONE Contract Account

1. Register a BigONE Account

• Visit the BigONE website and click on "Sign Up" in the top right corner.
• Enter your email address, create a password, and agree to the terms of service.
• Click "Create Account" and you will be sent a confirmation email.
• Click on the link in the confirmation email to activate your account.

2. Enable Contract Trading

• Once your account is activated, log in and click on "Contracts" in the top menu bar.
• Click on "Enable Contract Trading" and read the risk warning.
• Tick the box to acknowledge the risks and click "Enable".

3. Fund Your Contract Account

• You can fund your contract account with either crypto or fiat currency.
• To deposit crypto, click on "Deposit" in the top menu bar and select your desired cryptocurrency.
• Copy the deposit address and send your crypto to that address.
• To deposit fiat currency, click on "Buy Crypto" in the top menu bar and select your desired payment method.

4. Open a Contract Position

• Once your contract account is funded, you can start opening contract positions.
• Click on "Trade" in the top menu bar and select the contract you want to trade.
• Select the order type (e.g., limit, market, stop-limit), enter the order size, and set the leverage.
• Click "Buy / Long" or "Sell / Short" to open the position.

5. Manage Your Contract Position

• Once you have opened a contract position, you can manage it by clicking on "Orders" in the top menu bar.
• You can modify your order, close the position, or set a stop-loss or take-profit order.

6. Withdraw Funds from Your Contract Account

• When you are finished trading, you can withdraw your funds from your contract account.
• Click on "Withdraw" in the top menu bar and select your desired cryptocurrency.
• Enter the withdrawal address and amount, and click "Withdraw".

Additional Tips

• Always use a stop-loss order to limit your losses.
• Do not over-leverage your position.
• Trade only with funds that you can afford to lose.
• Learn about the risks involved in contract trading before you start trading.