How to buy CoinW contract

To initiate futures trading on CoinW, users must first establish an account, fund it with cryptocurrency, and select desired futures contracts before placing buy orders with specified parameters.

Nov 12, 2024 at 02:40 am

How to Buy CoinW Contract

Step 1: Create a CoinW Account

• Visit the CoinW website (https://www.coinw.com/).
• Click on "Sign Up" in the top right corner.
• Enter your email address, create a username and password, and agree to the terms of service.
• Click on "Sign Up".

Step 2: Fund Your CoinW Account

• Log in to your CoinW account.
• Click on "Assets" in the top menu bar.
• Click on "Deposit".
• Select the cryptocurrency you wish to deposit.
• Copy the deposit address and send the cryptocurrency to that address.

Step 3: Navigate to the Futures Trading Interface

• Log in to your CoinW account.
• Click on "Futures" in the top menu bar.
• Select the futures contract you wish to trade.
• Click on the "Buy" button.

Step 4: Enter Your Order Details

• Enter the number of contracts you wish to buy.
• Select the type of order you wish to place (e.g., limit order, market order).
• Enter the price at which you wish to place the order.
• Click on the "Buy" button to place the order.

Step 5: Monitor Your Order

• Your order will be displayed in the "Open Orders" tab.
• You can monitor the progress of your order and make any necessary adjustments.
• Once your order is filled, it will be moved to the "Filled Orders" tab.

Step 6: Close Your Position

• When you are ready to close your position, click on the "Close" button.
• You can choose to close your position at the current market price or at a specific price.
• Once you confirm the close order, your position will be closed.

Additional Tips

• Always do your own research before trading any cryptocurrency.
• Start with a small amount of money that you can afford to lose.
• Use stop-loss orders to limit your potential losses.
• Be aware of the risks associated with futures trading.