KuCoin How to open a 10x contract

KuCoin How to Open a 10x ContractStep 5: Choose a Trading Pair and Open a 10x Contract* In the "Futures" section, select a trading pair (e.g., BTC/USDT).* Choose the "10x" contract type from the "Leverage" tab.* Select the type of order (Market, Limit, or Stop Market).* Enter the amount you want to trade and the leverage you wish to apply (e.g., 10x).* Click on "Short" (for selling the asset) or "Long" (for buying the asset).* Review and confirm the details.

Nov 20, 2024 at 12:48 pm

KuCoin How to Open a 10x ContractStep 1: Register for a KuCoin Account

Visit the KuCoin website and click on "Sign Up" in the top right corner.
Input your email address, password, and desired username.
Agree to KuCoin's terms of service and complete the captcha.
Click on "Sign Up" to create your account.

Step 2: Enable 2FA (Optional but Recommended)

For enhanced security, it is advised to enable 2-factor authentication (2FA).
Go to the "Security Settings" page from the top right corner.
Under "2-Factor Authentication," select either "Google Authentication" or "SMS Authentication."
Follow the on-screen instructions to set up 2FA.

Step 3: Fund Your KuCoin Account (Buy USDT)

There are various methods available to deposit funds into your KuCoin account. One option is to buy USDT using a credit/debit card.
On the homepage, click on "Buy Crypto" and select "Credit/Debit Card."
Select USDT as the cryptocurrency you wish to purchase.
Enter the amount and your card details.
Review and confirm the transaction.

Step 4: Transfer USDT to Your Futures Trading Account

Once your account is funded, navigate to the "Futures" section from the top menu.
Click on "Transfer" on the left side of the page.
Select "Main Account" and "Futures Account" in the "From" and "To" fields, respectively.
Enter the amount of USDT you wish to transfer and confirm the transaction.

Step 5: Choose a Trading Pair and Open a 10x Contract

In the "Futures" section, select a trading pair (e.g., BTC/USDT).
Choose the "10x" contract type from the "Leverage" tab.
Select the type of order (Market, Limit, or Stop Market).
Enter the amount you want to trade and the leverage you wish to apply (e.g., 10x).
Click on "Short" (for selling the asset) or "Long" (for buying the asset).
Review and confirm the details.

Step 6: Monitor and Manage Your 10x Contract

Once opened, your contract will be displayed in the "Positions" table.
Monitor the performance of your contract and make adjustments as needed.
Adjust the leverage, close the position, or place a stop-loss order to manage risk.

Step 7: Close Your 10x Contract

To close your contract, navigate to the "Positions" table and click on the "Close" button for the contract you wish to close.
Select the type of order (Market, Limit, or Stop Market).
Enter the amount you want to close and confirm the transaction.
Your position will be closed and the settlement amount credited to your Futures trading account.

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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！

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