-
Bitcoin $107,443.3008
-1.17% - Ethereum
$2,494.2503
-0.63% - Tether USDt
$1.0003
0.00% - XRP
$2.2496
2.23% - BNB
$658.7569
0.63% - Solana
$154.9826
1.94% - USDC
$1.0000
0.01% - TRON
$0.2799
1.07% - Dogecoin
$0.1659
-1.78% - Cardano
$0.5745
0.25% - Hyperliquid
$39.7005
0.13% - Bitcoin Cash
$519.5989
3.78% - Sui
$2.7874
-2.40% - Chainlink
$13.3762
-1.69% - UNUS SED LEO
$9.0784
-0.64% - Avalanche
$17.9846
-2.81% - Stellar
$0.2390
-0.06% - Toncoin
$2.9028
0.25% - Shiba Inu
$0.0...01147
-2.17% - Litecoin
$86.6956
-1.27% - Hedera
$0.1508
-0.50% - Monero
$322.6222
3.26% - Polkadot
$3.4124
-2.99% - Dai
$0.9999
0.00% - Bitget Token
$4.5434
-1.97% - Ethena USDe
$1.0002
0.00% - Uniswap
$7.1562
-2.61% - Aave
$275.8830
-1.02% - Pepe
$0.0...09790
-4.04% - Pi
$0.5018
-5.09%
How to close a contract in Kraken
To close a futures contract on Kraken, navigate to the "Futures" tab, select the contract, choose "Close Position," confirm the details, execute the closure, and monitor its status under the "Orders" tab.
Nov 21, 2024 at 01:49 am
How to Close a Contract in Kraken
Step 1: Navigate to the Contracts Section
Begin by logging into your Kraken account and clicking on the "Futures" tab. This will take you to the dashboard for futures contracts trading on Kraken.
Step 2: Select the Contract You Wish to Close
Locate the specific contract you want to close under the "Positions" section. Alternatively, you can use the search bar to find the contract based on its ticker symbol. Once identified, click on the contract to view its details.
Step 3: Choose the "Close Position" Option
On the contract details page, scroll down to the "Actions" section and select the "Close Position" option. This will open a confirmation dialog box.
Step 4: Confirm the Closure Details
In the confirmation dialog box, carefully review the details of the closure. Ensure that the contract, quantity, and price are correct. You can also add a comment to the closure if desired.
Step 5: Execute the Closure
Once you have verified the closure details, click on the "Close Position" button to complete the process. Kraken will immediately close the contract at the prevailing market price.
Step 6: Monitor the Closure Status
After executing the closure, you can track its status under the "Orders" tab. Look for the "Closed Position" order to ensure that the contract has been successfully closed.
Additional Considerations
- Partial Closure: You can partially close a contract by entering a quantity less than the total contract size. The remaining portion of the contract will continue to stay open.
- Fees: Closing a contract incurs a small fee. Kraken's fee schedule for futures contracts can be found on the platform.
- Market Conditions: Market conditions can affect the price at which your contract is closed. Consider prevailing market trends and volatility before executing the closure.
- Stop-Loss and Take-Profit Orders: You can place stop-loss or take-profit orders to automatically close your contract at predetermined price levels. This can help you manage risk and lock in profits.
- Tax Implications: Closing a contract can have tax implications depending on your jurisdiction. Consult with a tax professional to understand the tax consequences of your trades.
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.
- Donald Trump, TRUMP Memecoin, and the Latest Move: A New York Perspective
- 2025-07-01 17:10:12
- Cardano, Solana, XRP: Navigating the Crypto Seas in Q3 2025
- 2025-07-01 16:30:12
- Bitcoin Holders and the Price Hold: What's the Deal?
- 2025-07-01 16:50:26
- ChatGPT, Crypto Trading, and a $100K Profit: AI's Edge in the Wild West
- 2025-07-01 16:30:12
- Mutuum Finance Presale vs. Dogecoin: A New Challenger Approaches?
- 2025-07-01 16:50:26
- Memecoins to Buy in July 2025: Riding the Hype Wave
- 2025-07-01 17:10:12
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
