-
Bitcoin $106,437.2012
0.82% - Ethereum
$2,442.5287
0.82% - Tether USDt
$1.0005
-0.02% - XRP
$2.1812
-0.27% - BNB
$645.1327
0.45% - Solana
$146.2379
0.39% - USDC
$0.9999
-0.01% - TRON
$0.2751
0.92% - Dogecoin
$0.1662
-0.23% - Cardano
$0.5827
-1.22% - Hyperliquid
$37.5225
0.04% - Bitcoin Cash
$479.0877
4.02% - Sui
$2.7846
-3.27% - Chainlink
$13.3576
0.84% - UNUS SED LEO
$9.0252
-1.20% - Stellar
$0.2455
-1.07% - Avalanche
$18.0680
-1.81% - Toncoin
$2.8948
-1.07% - Shiba Inu
$0.0...01164
-1.65% - Litecoin
$85.0637
-0.06% - Hedera
$0.1526
-0.89% - Monero
$316.2941
0.78% - Ethena USDe
$1.0003
-0.04% - Polkadot
$3.4113
-1.87% - Dai
$1.0000
-0.01% - Bitget Token
$4.4488
5.16% - Uniswap
$7.1740
3.09% - Pi
$0.5968
11.43% - Pepe
$0.0...01010
-0.65% - Aave
$264.3189
0.40%
How to close a BitMart contract
To close a BitMart contract, navigate to the "Contracts" tab, select the contract, click "Close," specify price and quantity, choose the order type (market or limit), confirm the order, and monitor its status in the "Orders" tab.
Nov 27, 2024 at 09:37 am
How to Close a BitMart Contract
BitMart is a popular cryptocurrency exchange that allows users to trade a variety of digital assets, including futures contracts. Futures contracts are agreements to buy or sell an asset at a specified price on a future date. They are often used by traders to hedge against risk or to speculate on the future price of an asset.
If you have opened a futures contract on BitMart, you will need to close it at some point in order to realize your profit or loss. Closing a contract is a relatively simple process, but there are a few things you need to know before you get started.
5 Steps to Close a BitMart Contract
- Log in to your BitMart account.
- Select the "Contracts" tab.
- Find the contract you want to close.
- Click on the "Close" button.
- Confirm your order.
Understanding the Order Types
When you close a contract, you can choose from two different order types:
- Market order: A market order is an order to buy or sell a contract at the current market price. Market orders are typically executed immediately.
- Limit order: A limit order is an order to buy or sell a contract at a specified price. Limit orders are not executed until the market price reaches the specified price.
Set the Price and Quantity
When you place an order to close a contract, you need to specify the price and quantity. The price is the price at which you want to close the contract. The quantity is the number of contracts you want to close.
Choose the Order Type
Once you have set the price and quantity, you need to choose the order type. If you want to close the contract immediately, you can choose a market order. If you want to wait for the market price to reach a certain level before closing the contract, you can choose a limit order.
Confirm Your Order
Once you have chosen the order type, you need to confirm your order. To do this, click on the "Confirm" button. Your order will then be submitted to the market.
Monitor Your Order
Once you have submitted your order, you can monitor its status on the "Orders" tab. Your order will be filled when the market price reaches the specified price (for limit orders) or when the market price is equal to the specified price (for market orders).
Canceling an Order
If you change your mind about closing a contract, you can cancel your order before it is filled. To do this, click on the "Cancel" button next to your order. Your order will then be canceled and you will not be charged any fees.
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.
- Binance Lists Newton Protocol: Airdrop Ignites NEWT Token Surge!
- 2025-06-26 00:45:12
- PEPE Coin, Lilpepe, Meme Coins: Riding the 2025 Meme Wave
- 2025-06-26 01:05:12
- ONDO Price: Crypto Rally Hints and Accumulation Insights
- 2025-06-26 01:05:12
- Bitcoin ETFs and the K33 Report: Decoding Market Trends
- 2025-06-26 02:05:12
- SPX6900, Meme Coins, and DogWifHat Bulls: What's Happening?
- 2025-06-26 00:45:12
- Crypto Meme Coins: Riding the Upside Potential Wave
- 2025-06-26 00:25:12
Related knowledge
How to use the price slope to filter the false breakthrough signal of the contract?
Jun 20,2025 at 06:56pm
Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...
How to determine the expected volatility of the contract through the volatility cone?
Jun 19,2025 at 12:28pm
Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...
How to formulate a contract intraday trading plan in combination with the pivot point system?
Jun 21,2025 at 03:42pm
Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...
How to adjust the contract position ratio through the price fluctuation entropy?
Jun 22,2025 at 11:42am
Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...
How to use the volume swing indicator to predict the contract volume-price divergence?
Jun 18,2025 at 11:42pm
Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...
How to use the Gaussian channel to set the contract trend tracking stop loss?
Jun 18,2025 at 09:21pm
Understanding the Gaussian Channel in Cryptocurrency TradingThe Gaussian channel is a technical indicator used primarily in financial markets, including cryptocurrency trading, to identify trends and potential reversal points. It is based on statistical principles derived from the normal distribution, commonly known as the Gaussian distribution or bell ...
How to use the price slope to filter the false breakthrough signal of the contract?
Jun 20,2025 at 06:56pm
Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...
How to determine the expected volatility of the contract through the volatility cone?
Jun 19,2025 at 12:28pm
Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...
How to formulate a contract intraday trading plan in combination with the pivot point system?
Jun 21,2025 at 03:42pm
Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...
How to adjust the contract position ratio through the price fluctuation entropy?
Jun 22,2025 at 11:42am
Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...
How to use the volume swing indicator to predict the contract volume-price divergence?
Jun 18,2025 at 11:42pm
Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...
How to use the Gaussian channel to set the contract trend tracking stop loss?
Jun 18,2025 at 09:21pm
Understanding the Gaussian Channel in Cryptocurrency TradingThe Gaussian channel is a technical indicator used primarily in financial markets, including cryptocurrency trading, to identify trends and potential reversal points. It is based on statistical principles derived from the normal distribution, commonly known as the Gaussian distribution or bell ...
See all articles
