How to close Bitget contract

By following the comprehensive steps outlined in the Bitget guide, users can effectively close their contract positions, managing their risk and optimizing their trading strategies in the crypto futures market.

Nov 09, 2024 at 01:22 am

How to Close a Contract on Bitget: A Comprehensive Guide

Step 1: Login to Your Bitget Account

Visit the Bitget website (https://www.bitget.com/) and click on "Log In" at the top right corner.
Enter your email address and password and click on "Log In".

Step 2: Navigate to the Contract Trading Page

Once you are logged in, hover over "Trade" in the top navigation bar and select "Contract" from the dropdown menu.
Alternatively, you can click on "More" at the bottom of the navigation bar and select "Contract Trading".

Step 3: Choose the Contract Market

On the Contract Trading page, select the contract market you want to close your position in.
Common contract markets include BTCUSD, ETHUSD, and USDT-M futures.

Step 4: Find Your Open Positions

After selecting the contract market, scroll down on the trading page to find the "Positions" section.
Here, you will see a list of your open positions, including their size, entry price, and profit/loss.

Step 5: Select the Contract Position to Close

Identify the contract position you want to close from the list of open positions.
Click on the "Sell" or "Buy" button next to the position, depending on whether you opened a long or short position.

Step 6: Choose the Closing Type

In the pop-up window that appears, you can choose the closing type:
- Market Order: Close the position immediately at the current market price.
- Limit Order: Set a specific price at which you want the position to close.

Step 7: Enter the Closing Parameters

For a market order, simply click on "Place Order" to close the position.
For a limit order, enter the limit price and the order quantity, then click on "Place Order".

Step 8: Review the Closing Confirmation

Before closing the position, you will be presented with a confirmation screen.
Review the closing parameters, including the closing price, order type, and order quantity.
Click on "Confirm" to proceed with the closing.

Step 9: Verify the Position Closure

After the closing order is placed, it will execute and remove the open position from your account.
You can verify the closure by checking the "Positions" section again and ensuring that the position you closed is no longer listed.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

XOR

$0.00

35.69%

Trade Now
SNT

$0.0401

21.96%

Trade Now
NPC

$0.0148

21.28%

Trade Now
TIBBIR

$0.1285

20.21%

Trade Now
KTA

$1.04

18.85%

Trade Now
VADER

$0.0627

16.79%

Trade Now

Latest Crypto News

2025-W Uncirculated American Gold Eagle and Dr. Vera Rubin Quarter Mark New Products
2025-06-13 06:25:13
Ruvi AI (RVU) Leverages Blockchain and Artificial Intelligence to Disrupt Marketing, Entertainment, and Finance
2025-06-13 07:05:12
H100 Group AB Raises 101 Million SEK (Approximately $10.6 Million) to Bolster Bitcoin Reserves
2025-06-13 06:25:13
Galaxy Digital CEO Mike Novogratz Says Bitcoin Will Replace Gold and Go to $1,000,000
2025-06-13 06:45:13
Trust Wallet Token (TWT) Price Drops 5.7% as RWA Integration Plans Ignite Excitement
2025-06-13 06:45:13
Ethereum (ETH) Is in the Second Phase of a Three-Stage Market Cycle
2025-06-13 07:25:13

Related knowledge

How to optimize the ultra-short-term trading of contract by Williams %R indicator?

Jun 18,2025 at 03:49pm

Understanding the Williams %R Indicator in Cryptocurrency TradingThe Williams %R indicator, developed by Larry Williams, is a momentum oscillator used to identify overbought and oversold conditions in financial markets. In the context of cryptocurrency trading, especially ultra-short-term contract trading, this tool becomes crucial for detecting potenti...

How to use the OBV divergence to capture the contract trend reversal?

Jun 18,2025 at 04:07pm

Understanding the OBV Indicator and Its Role in Cryptocurrency TradingThe On-Balance Volume (OBV) is a momentum indicator that combines volume and price to predict changes in cryptocurrency trends. It assumes that volume precedes price movement, making it a valuable tool for identifying potential reversals in contract trading. When the OBV line diverges...

How to identify the main trend of the contract through the volume-weighted moving average?

Jun 18,2025 at 03:57pm

What Is the Volume-Weighted Moving Average (VWMA)?The Volume-Weighted Moving Average (VWMA) is a technical indicator that calculates the average price of an asset over a specified period, giving more weight to prices with higher trading volume. Unlike the traditional moving average, which only considers closing prices, the VWMA incorporates volume into ...

How to use the CCI indicator to identify overbought and oversold contracts?

Jun 18,2025 at 04:49pm

Understanding the CCI Indicator in Cryptocurrency TradingThe Commodity Channel Index (CCI) is a versatile technical analysis tool commonly used in cryptocurrency trading to identify overbought and oversold conditions. Originally developed by Donald Lambert for commodities, the CCI has found widespread adoption in crypto markets due to its ability to det...

What problems will there be with insufficient contract liquidity?

Jun 18,2025 at 02:21pm

Understanding Contract Liquidity in Cryptocurrency TradingIn the cryptocurrency trading ecosystem, contract liquidity refers to the ease with which a trader can enter or exit positions on a derivative contract, such as futures or options, without causing significant price slippage. Liquidity is crucial because it ensures smooth trade execution and fair ...

How to set stop loss and take profit? How to determine the reasonable point?

Jun 18,2025 at 12:22pm

Understanding Stop Loss and Take Profit in Cryptocurrency TradingIn cryptocurrency trading, Stop Loss and Take Profit are two of the most essential tools for managing risk and locking in profits. A Stop Loss is an order placed with a broker to sell a security immediately when it reaches a specified price, helping traders limit their losses. On the other...