Market Cap: $3.3681T 1.190%
Volume(24h): $82.0486B 24.680%
Fear & Greed Index:

50 - Neutral

  • Market Cap: $3.3681T 1.190%
  • Volume(24h): $82.0486B 24.680%
  • Fear & Greed Index:
  • Market Cap: $3.3681T 1.190%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How to operate BitFlyer contract trading

To initiate contract trading on BitFlyer, create a new account, fund it, open a contract trading account, select a contract, place an order, manage your position, and close it when desired.

Nov 15, 2024 at 01:28 am

Step 1: Create a BitFlyer Account

  • Visit the BitFlyer website and click "Sign Up."
  • Enter your email address, create a password, and agree to the terms and conditions.
  • Verify your email address by clicking the link in the confirmation email.
  • Complete the identity verification process by providing personal information and government-issued ID.

Step 2: Fund Your Account

  • Click "Deposit" in the top right corner of the BitFlyer website.
  • Select your preferred deposit method (e.g., bank transfer, credit card).
  • Enter the amount you wish to deposit and follow the on-screen instructions.

Step 3: Open a Contract Trading Account

  • Go to the "Contract Trading" section of the BitFlyer website.
  • Click "Create a Contract Trading Account."
  • Set up a pin code and complete the risk assessment quiz.

Step 4: Choose a Contract

  • BitFlyer offers a range of cryptocurrency contracts, including Bitcoin, Ethereum, XRP, and others.
  • Select the contract you wish to trade based on your risk tolerance and investment strategy.

Step 5: Place an Order

  • Click "New Order" in the contract trading interface.
  • Choose the order type (e.g., market order, limit order), enter the quantity you wish to trade, and set the price (if applicable).
  • Review your order details and click "Place Order."

Step 6: Manage Your Position

  • Once your order is executed, it will appear in the "Open Orders" section.
  • You can monitor your position's performance in real-time.
  • Use the "Stop Loss" and "Take Profit" functions to protect your profits or limit potential losses.

Step 7: Close Your Position

  • To close your position, click "Close Order" in the "Open Orders" section.
  • Enter the quantity you wish to close and click "Close."
  • Your position will be closed, and any profits or losses will be credited or debited to your account.

Additional Tips:

  • Educate yourself about contract trading and the underlying cryptocurrency market before starting to trade.
  • Start with small trades and gradually increase your exposure as you gain experience.
  • Use stop-loss orders to manage risk and protect your capital.
  • Monitor your positions regularly and adjust your strategy as needed.
  • Seek professional financial advice if necessary.

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.

Related knowledge

How to identify the contract value range in combination with the market profile?

How to identify the contract value range in combination with the market profile?

Jul 02,2025 at 10:56pm

Understanding the Market ProfileTo effectively identify the contract value range in combination with the market profile, it's essential to first understand what each concept entails. The market profile is a framework that helps traders visualize how price and time interact across a given period, typically a trading day or session. It provides insights i...

How to use the price slope to filter the false breakthrough signal of the contract?

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?

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?

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?

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?

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 identify the contract value range in combination with the market profile?

How to identify the contract value range in combination with the market profile?

Jul 02,2025 at 10:56pm

Understanding the Market ProfileTo effectively identify the contract value range in combination with the market profile, it's essential to first understand what each concept entails. The market profile is a framework that helps traders visualize how price and time interact across a given period, typically a trading day or session. It provides insights i...

How to use the price slope to filter the false breakthrough signal of the contract?

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?

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?

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?

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?

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...

See all articles

User not found or password invalid

Your input is correct