Does BigONE have contract transactions?

BigONE offers a comprehensive suite of contract trading products, including perpetual and quarterly futures contracts, for traders to speculate on cryptocurrency prices without ownership.

Dec 02, 2024 at 02:56 am

Does BigONE have Contract Transactions?

BigONE is a leading cryptocurrency exchange that offers a comprehensive suite of trading services, including spot trading, margin trading, and contract trading. Contract trading, also known as futures trading, allows traders to speculate on the future price of a cryptocurrency without having to actually own the underlying asset.

BigONE offers a variety of contract trading products, including perpetual contracts and quarterly futures contracts. Perpetual contracts are contracts that do not have a fixed expiry date and can be held indefinitely. Quarterly futures contracts are contracts that expire on a quarterly basis and are settled in the underlying cryptocurrency.

To trade contracts on BigONE, you will need to create an account and deposit funds into your account. Once you have funded your account, you can start trading contracts by selecting the contract product that you want to trade and entering the number of contracts that you want to buy or sell.

Contract trading can be a complex and risky activity, so it is important to understand the risks involved before you start trading. BigONE provides a number of resources to help you learn about contract trading, including a comprehensive knowledge base and a demo trading platform.

Here are some of the key features of BigONE's contract trading platform:

• A wide range of contract trading products: BigONE offers a variety of contract trading products, including perpetual contracts and quarterly futures contracts. This gives traders the flexibility to choose the contract product that best suits their trading needs.
• Competitive trading fees: BigONE offers competitive trading fees, which can help to reduce your trading costs. The trading fees for contract trading are based on the trading volume and the contract product that you are trading.
• Advanced trading tools: BigONE provides a number of advanced trading tools to help you make informed trading decisions. These tools include a charting platform, a depth chart, and a variety of technical indicators.
• A secure and reliable trading platform: BigONE is a secure and reliable trading platform that uses a variety of security measures to protect your funds and your personal information. The platform is also regularly audited by independent third parties to ensure its security.

If you are interested in trading contracts, BigONE is a great option. The exchange offers a wide range of contract trading products, competitive trading fees, advanced trading tools, and a secure and reliable trading platform.

How to Trade Contracts on BigONE

To trade contracts on BigONE, you will need to follow these steps:

1. Create an account on BigONE.
2. Deposit funds into your account.
3. Select the contract product that you want to trade.
4. Enter the number of contracts that you want to buy or sell.
5. Click the "Buy" or "Sell" button.

Your order will be executed immediately and you will be able to track the progress of your order in the "My Orders" section of your account.

Risks of Contract Trading

Contract trading can be a complex and risky activity, so it is important to understand the risks involved before you start trading. Some of the risks of contract trading include:

• The risk of losing money: The price of a cryptocurrency can fluctuate rapidly, so you could lose money if the price of the cryptocurrency moves against you.
• The risk of liquidation: If the price of the cryptocurrency moves against you, you could be liquidated, which means that you will be forced to sell your contracts at a loss.
• The risk of margin calls: If you are trading on margin, you could be subject to margin calls if the price of the cryptocurrency moves against you. Margin calls require you to deposit additional funds into your account to cover your losses.