How to operate Deepcoin contract mobile phone

To trade contracts on the Deepcoin mobile app, create an account, fund it with USDT, navigate to the Contracts tab, select your preferred contract market, understand the interface, choose a contract type, place an order, monitor your positions, and withdraw your profits.

Dec 05, 2024 at 12:50 pm

How to Operate Deepcoin Contract on Mobile

Step 1: Install the Deepcoin App

• Download the Deepcoin app from the App Store (iOS) or Google Play Store (Android).
• Once installed, open the app and create a new account or log in with an existing one.

Step 2: Fund Your Account

• To trade contracts, you need to fund your Deepcoin account with USDT or other supported cryptocurrencies.
• You can deposit funds via bank transfer, credit/debit card, or crypto transfer.

Step 3: Navigate to the Contract Trading Interface

• Tap on the "Contracts" tab in the bottom menu.
• Select your preferred contract market. Deepcoin offers a variety of perpetual and futures contracts, including BTC/USDT, ETH/USDT, and more.

Step 4: Understand the Contract Trading Interface

• The contract trading interface consists of several key components:

  • Price chart: Displays the real-time price of the underlying asset.
  • Order book: Shows the current buy and sell orders in the market.
  • Order form: Allows you to place and manage your orders.
  • Positions: Lists your open and closed positions.

Step 5: Choose a Contract Type

• Deepcoin offers two main types of contracts:

  • Perpetual contracts: Have no fixed expiration date and can be held indefinitely.
  • Futures contracts: Expire on a specific date and must be closed or rolled over before expiration.
• Choose the contract type that best suits your trading strategy.

Step 6: Place an Order

• To place an order, enter your desired entry price, quantity, and order type.
• Deepcoin supports various order types, including market, limit, stop-limit, and trailing stop orders.
• Once you're satisfied with your order parameters, tap on the "Place Order" button to execute the trade.

Step 7: Monitor and Manage Your Positions

• After you place an order, it will appear in the "Positions" section.
• You can track the performance of your positions in real-time and modify or close them as needed.
• Deepcoin provides advanced risk management tools, such as stop-loss orders and margin calls, to help you mitigate potential losses.

Step 8: Withdraw Your Profits

• Once you have closed your positions with a profit, you can withdraw your funds back to your bank account or crypto wallet.
• To withdraw funds, tap on the "Withdraw" button in the main menu and follow the instructions provided.