BitFlyer perpetual contract trading rules

BitFlyer Perpetual Contract Trading Rules

BitFlyer is a Japanese cryptocurrency exchange that offers a wide range of trading services, including perpetual contracts: perpetual contracts are futures contract that have no expiration date

1. What are the trading hours for perpetual contracts on BitFlyer?

• Perpetual contracts on BitFlyer can be traded 24/7.

2. What is the minimum order size for perpetual contracts on BitFlyer?

• The minimum order size for perpetual contracts on BitFlyer is 0.01 BTC.

3. What is the maximum order size for perpetual contracts on BitFlyer?

• The maximum order size for perpetual contracts on BitFlyer is 100 BTC.

4. What is the maximum leverage for perpetual contracts on BitFlyer?

• The maximum leverage for perpetual contracts on BitFlyer is 2x.

5. What are the fees for trading perpetual contracts on BitFlyer?

• The fees for trading perpetual contracts on BitFlyer are as follows:

  • Maker fee: 0.02%
  • Taker fee: 0.04%

6. How do I place a perpetual contract order on BitFlyer?

• To place a perpetual contract order on BitFlyer, follow these steps:

  1. Log in to your BitFlyer account.
  2. Click on the "Trade" tab.
  3. Select "Perpetual" from the drop-down menu.

  4. Enter the following information:

     • The symbol of the perpetual contract you want to trade
     • The quantity of the perpetual contract you want to trade
     • The price at which you want to trade the perpetual contract
     • The type of order you want to place (e.g., market order, limit order, stop order)
  5. Click the "Buy" or "Sell" button.

7. How do I close a perpetual contract position on BitFlyer?

• To close a perpetual contract position on BitFlyer, follow these steps:

  1. Log in to your BitFlyer account.
  2. Click on the "Trade" tab.
  3. Select "Perpetual" from the drop-down menu.
  4. Find the open position you want to close.
  5. Click the "Close" button.

8. What are the risks of trading perpetual contracts on BitFlyer?Trading perpetual contracts on BitFlyer carries several risks, including the following:

• The price of the underlying asset may fluctuate rapidly: The price of the underlying asset can fluctuate rapidly, which can lead to significant losses if you are not careful.
• You may be liquidated: If the price of the underlying asset moves against you, you may be liquidated, which means that you will lose your entire investment.
• You may incur fees: You will incur fees when you trade perpetual contracts on BitFlyer, which can eat into your profits.