-
Bitcoin $96,388.1961
-1.25% - Ethereum
$1,834.3885
-0.66% - Tether USDt
$1.0003
0.01% - XRP
$2.2095
-1.18% - BNB
$598.1758
-0.27% - Solana
$148.2761
-1.94% - USDC
$1.0000
0.02% - Dogecoin
$0.1784
-2.17% - Cardano
$0.7183
0.59% - TRON
$0.2479
0.71% - Sui
$3.3384
-3.89% - Chainlink
$14.4264
-2.27% - Avalanche
$20.8592
-2.74% - Stellar
$0.2726
-2.05% - UNUS SED LEO
$8.9247
0.53% - Toncoin
$3.1677
-0.59% - Shiba Inu
$0.0...01321
-2.51% - Hedera
$0.1834
-2.12% - Bitcoin Cash
$366.5204
-2.08% - Hyperliquid
$20.6726
-1.42% - Litecoin
$86.8365
-1.93% - Polkadot
$4.1112
-2.66% - Dai
$1.0001
0.01% - Bitget Token
$4.3783
-0.69% - Monero
$276.0268
-3.60% - Ethena USDe
$1.0008
-0.01% - Pi
$0.5866
-1.97% - Pepe
$0.0...08427
-4.43% - Uniswap
$5.1718
-2.10% - Aptos
$5.2254
-4.76%
DigiFinex Contract Tutorial
Contract trading on DigiFinex, a reputable cryptocurrency exchange, involves speculating on the future price movements of underlying assets without owning them, allowing traders to explore opportunities and risks associated with this advanced strategy.
Nov 27, 2024 at 06:26 am
DigiFinex Contract Tutorial: A Comprehensive Guide to Trading Cryptocurrency Futures
DigiFinex Contract Overview
DigiFinex is a reputable cryptocurrency exchange that offers a wide range of trading services, including spot trading, margin trading, and contract trading. Contract trading, also known as futures trading, allows traders to speculate on the future price of a cryptocurrency without actually owning the underlying asset.
By understanding the basics of contract trading, traders can explore the opportunities and risks associated with this advanced trading strategy. This comprehensive tutorial will guide you through the steps involved in contract trading on DigiFinex, empowering you to make informed decisions and potentially enhance your trading performance.
Step 1: Understanding Contract Trading
Contract trading involves entering into an agreement to buy or sell a specific amount of an underlying asset at a predefined price on a future date. In contract trading, you do not own the underlying asset; instead, you are speculating on its price movements.
DigiFinex offers perpetual contracts, which are unique in the sense that they do not have a fixed expiration date. This allows traders to hold their positions indefinitely until they choose to close them.
Step 2: Choosing the Right Contract
DigiFinex offers a variety of contract types, each with different underlying assets and trading terms. The available contracts include:
- BTCUSDT: Bitcoin futures contract
- ETHUSDT: Ethereum futures contract
- XRPUSDT: Ripple futures contract
- DOGEUSDT: Dogecoin futures contract
- SHIBUSDT: Shiba Inu futures contract
Consider your trading goals and risk tolerance when selecting a contract. Factors to consider include the contract's underlying asset, trading volume, liquidity, and market volatility.
Step 3: Opening a Contract Trading Account
To start contract trading on DigiFinex, you must first create an account. The registration process is straightforward and requires providing basic personal information. Once your account is verified, you can fund your account by depositing cryptocurrency or fiat currency.
Step 4: Placing an Order
To place an order on DigiFinex, follow these steps:
- Navigate to the "Contract Trading" section of the website.
- Select the desired contract type.
- Choose between a "Buy" or "Sell" order.
- Specify the order quantity and leverage (if applicable).
- Review the order details and click the "Place Order" button.
Step 5: Monitoring Your Position
Once you place an order, it will be executed automatically by the exchange. You can monitor your position in real-time by navigating to the "Open Positions" tab. This section displays the current price of the contract
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.
- Generative Adversarial Networks for Detecting Integer Overflow Vulnerabilities in Smart Contracts
- 2025-05-03 22:55:13
- Arizona state will not hold Bitcoin (BTC) as official reserves
- 2025-05-03 22:55:13
- Bitcoin Approaches Major Test As It Tracks Gold's Path
- 2025-05-03 22:50:13
- SHIB Price Prediction: Shiba Inu (SHIB) Could Reach a Market Cap of $1T, Stuns Investors
- 2025-05-03 22:50:13
- Bitcoin May Be Entering Its Most Bullish Phase Since 2020 – Here is Why
- 2025-05-03 22:45:13
- CME Group's Cryptocurrency Derivatives Market Posted a Steep Increase in Trading Activity in April
- 2025-05-03 22:45:13
Related knowledge
How to adjust the leverage in Gemini contract? Will it affect the current order?
May 02,2025 at 08:07pm
Introduction to Leverage in Gemini ContractsGemini, a well-known cryptocurrency exchange, offers futures contracts that allow traders to speculate on the future price of cryptocurrencies. One of the key features of these contracts is the ability to use leverage, which can amplify both potential gains and losses. Leverage in Gemini contracts refers to th...
How to calculate the index price of Gemini contract? Which exchanges are the sources?
May 03,2025 at 02:28am
The index price of a Gemini contract is a crucial metric used to determine the fair value of a cryptocurrency futures contract on the Gemini exchange. This index price is calculated using a methodology that aims to provide a reliable and transparent reference price for traders and investors. In this article, we will delve into the specifics of how the i...
How to switch trading pairs in Gemini contract? Will it affect existing positions?
May 02,2025 at 01:43am
Switching trading pairs in the Gemini contract can be a crucial aspect of managing your cryptocurrency portfolio. This guide will walk you through the process of switching trading pairs and discuss whether this action will affect your existing positions. Understanding these elements is essential for effective trading on the Gemini platform. Understandin...
What are the order types for Gemini contracts? What scenarios are they suitable for?
May 03,2025 at 10:42pm
Gemini, a well-known cryptocurrency exchange, offers a variety of order types for trading contracts. Understanding these order types and their suitable scenarios can help traders execute their strategies more effectively. This article will delve into the different order types available on Gemini for contracts and explore the scenarios in which they are ...
How to modify the security settings of a Gemini contract? What measures are recommended?
May 02,2025 at 06:35pm
Modifying the security settings of a Gemini contract and implementing recommended security measures are crucial steps in safeguarding your cryptocurrency assets. This article will guide you through the process of adjusting security settings on the Gemini platform and outline the best practices for maintaining the highest level of security for your contr...
How to withdraw earnings in a Gemini contract? How long does it take to arrive?
May 03,2025 at 12:56pm
Withdrawing earnings from a Gemini contract involves a series of steps that ensure your funds are transferred securely and efficiently. In this article, we will guide you through the process of withdrawing your earnings from a Gemini contract, and we will also discuss the expected time frame for the funds to arrive in your account. Understanding Gemini ...
How to adjust the leverage in Gemini contract? Will it affect the current order?
May 02,2025 at 08:07pm
Introduction to Leverage in Gemini ContractsGemini, a well-known cryptocurrency exchange, offers futures contracts that allow traders to speculate on the future price of cryptocurrencies. One of the key features of these contracts is the ability to use leverage, which can amplify both potential gains and losses. Leverage in Gemini contracts refers to th...
How to calculate the index price of Gemini contract? Which exchanges are the sources?
May 03,2025 at 02:28am
The index price of a Gemini contract is a crucial metric used to determine the fair value of a cryptocurrency futures contract on the Gemini exchange. This index price is calculated using a methodology that aims to provide a reliable and transparent reference price for traders and investors. In this article, we will delve into the specifics of how the i...
How to switch trading pairs in Gemini contract? Will it affect existing positions?
May 02,2025 at 01:43am
Switching trading pairs in the Gemini contract can be a crucial aspect of managing your cryptocurrency portfolio. This guide will walk you through the process of switching trading pairs and discuss whether this action will affect your existing positions. Understanding these elements is essential for effective trading on the Gemini platform. Understandin...
What are the order types for Gemini contracts? What scenarios are they suitable for?
May 03,2025 at 10:42pm
Gemini, a well-known cryptocurrency exchange, offers a variety of order types for trading contracts. Understanding these order types and their suitable scenarios can help traders execute their strategies more effectively. This article will delve into the different order types available on Gemini for contracts and explore the scenarios in which they are ...
How to modify the security settings of a Gemini contract? What measures are recommended?
May 02,2025 at 06:35pm
Modifying the security settings of a Gemini contract and implementing recommended security measures are crucial steps in safeguarding your cryptocurrency assets. This article will guide you through the process of adjusting security settings on the Gemini platform and outline the best practices for maintaining the highest level of security for your contr...
How to withdraw earnings in a Gemini contract? How long does it take to arrive?
May 03,2025 at 12:56pm
Withdrawing earnings from a Gemini contract involves a series of steps that ensure your funds are transferred securely and efficiently. In this article, we will guide you through the process of withdrawing your earnings from a Gemini contract, and we will also discuss the expected time frame for the funds to arrive in your account. Understanding Gemini ...
See all articles
