-
Bitcoin $103,668.9987
1.66% - Ethereum
$2,645.0693
8.80% - Tether USDt
$1.0000
-0.01% - XRP
$2.5609
4.94% - Solana
$180.3728
6.89% - BNB
$659.9335
2.07% - USDC
$1.0001
0.01% - Dogecoin
$0.2378
8.03% - Cardano
$0.8185
4.39% - TRON
$0.2714
2.99% - Sui
$3.9685
2.05% - Chainlink
$17.2043
5.91% - Avalanche
$26.0497
9.53% - Stellar
$0.3101
3.19% - Shiba Inu
$0.0...01612
7.18% - Pi
$1.2670
22.11% - Hedera
$0.2121
3.88% - Hyperliquid
$25.5834
8.04% - Toncoin
$3.4249
5.72% - Polkadot
$5.1723
6.25% - UNUS SED LEO
$8.7934
2.30% - Bitcoin Cash
$407.5382
2.52% - Litecoin
$103.8516
3.63% - Monero
$343.7295
3.06% - Pepe
$0.0...01390
6.66% - Bitget Token
$4.7986
3.73% - Dai
$0.9999
-0.02% - Ethena USDe
$1.0006
0.00% - Uniswap
$6.9232
4.81% - Bittensor
$459.6444
2.76%
How to play KuCoin perpetual contract
Trading KuCoin Perpetual Contract offers advantages like leverage for increased profit potential, flexibility with no expiration date, and lower trading fees, making it appealing to those seeking advanced crypto derivatives trading options.
Nov 08, 2024 at 05:14 am
How to Play KuCoin Perpetual Contract
KuCoin Perpetual Contract, launched in September 2020, is a crypto derivative that allows users to speculate on the future price of Bitcoin (BTC) and other cryptocurrencies without the need to own the underlying asset. The "perpetual" designation underscores the feature that these contracts do not have a fixed expiration date. Traders can hold their positions indefinitely or until they decide to close them.
Perpetual contracts are settled in USDT, the stablecoin pegged to the US dollar, and can be traded with leverage, offering the opportunity for greater profit potential, but also the risk of magnified losses.
Benefits of Trading KuCoin Perpetual Contract
- Leverage: Traders can increase their exposure to the market through leverage, enabling them to potentially amplify profits with a smaller initial capital outlay. However, leverage can also exacerbate losses, so it's crucial to manage risk prudently.
- No Expiration Date: Perpetual contracts do not expire, providing traders with flexibility to hold their positions for as long as desired, eliminating the constraints and time pressure associated with traditional futures contracts.
- Lower Fees: KuCoin offers competitive trading fees for perpetual contracts, potentially reducing transaction costs and enhancing profitability.
How to Play KuCoin Perpetual Contract
- Open an Account: To start trading perpetual contracts on KuCoin, you need to open an account, complete the KYC verification process, and fund it with cryptocurrency or fiat.
- Choose a Trading Pair: Decide on the crypto asset you want to trade against USDT, e.g., BTC/USDT, ETH/USDT, or others from the available trading pairs.
- Select Leverage: Determine the level of leverage you wish to use for the trade. Higher leverage magnifies potential returns but also carries greater risk. Beginners should start with lower leverage to mitigate potential losses.
- Set Order Parameters: Choose the type of order you want to place—limit order, market order, or stop order—and specify the price and quantity to enter the trade.
- Monitor and Manage: Once you've entered a trade, it's essential to monitor its performance and manage risk effectively. Use stop-loss or take-profit orders to safeguard against substantial losses or lock in gains.
- Close the Position: You can close your perpetual contract when you feel it's opportune to take profit or cut losses. KuCoin provides the option to close your position partially or in full.
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.
- Qubetics Emerges as the Infrastructure-Backed Project to Watch, Outperforming All Other Cryptos in ROI Projections
- 2025-05-14 11:05:13
- Toncoin (TON) Shows Early Signs of Consolidation After Notable Rally
- 2025-05-14 11:05:13
- While PEPE and SHIB Chase Pumps, Web3 ai Builds Real AI Tools With Huge ROI Potential of 1747%
- 2025-05-14 11:00:30
- title: Crypto Market Poised to Replicate the Dot-com Bubble, Triggered by a Surge in Internet Adoption
- 2025-05-14 11:00:30
- OM (OM) Token Could Hit $1 Soon: Here's a Grounded Take
- 2025-05-14 10:55:13
- XRP Price To Still Rally To $1,000
- 2025-05-14 10:55:13
Related knowledge
What should I do if SUI contract trading encounters a pin? How to protect account security?
May 09,2025 at 01:56am
When trading SUI contracts, encountering a pin can be a frustrating experience, but there are effective strategies to handle such situations and ensure your account remains secure. This article will guide you through the steps to manage a pin in SUI contract trading and provide detailed advice on protecting your account security. Understanding What a Pi...
How do I hedge risks in SUI contract trading? Is long and short dual opening useful?
May 08,2025 at 09:14pm
Trading SUI contracts, like any other cryptocurrency derivative, involves significant risk due to the volatile nature of the market. Hedging is a strategy traders use to mitigate potential losses. In this article, we will explore various methods to hedge risks in SUI contract trading and evaluate the effectiveness of long and short dual opening as a hed...
How do I judge the trend in SUI contract trading? How to identify long and short signals?
May 09,2025 at 01:49pm
Understanding SUI Contract TradingSUI contract trading involves trading contracts based on the SUI cryptocurrency, which is a relatively new entrant in the crypto market. To effectively trade these contracts, it's crucial to understand how to judge the market trend and identify long and short signals. This article will guide you through the process of a...
How does SUI contract trading operate across chains? What asset conversions are supported?
May 12,2025 at 02:56am
Introduction to SUI Contract Trading Across ChainsSUI contract trading is a sophisticated mechanism that allows users to engage in decentralized trading across multiple blockchain networks. This process involves the use of smart contracts to facilitate trades, ensuring that transactions are secure, transparent, and efficient. The ability to trade across...
How do I withdraw cash from SUI contract trading? How long does it take to arrive?
May 09,2025 at 02:00am
Introduction to SUI Contract TradingSUI is a popular cryptocurrency that has gained traction in the decentralized finance (DeFi) space due to its efficient transaction processing and smart contract capabilities. Contract trading on the SUI network involves engaging in futures or options contracts based on the SUI token's price movements. When it comes t...
Does SUI contract trading have seasonal patterns? Which periods are more volatile?
May 10,2025 at 11:50pm
The SUI cryptocurrency, like many other digital assets, exhibits certain seasonal patterns in its trading activity. Understanding these patterns can be crucial for traders looking to capitalize on volatility and potential price movements. In this article, we will explore whether SUI contract trading has seasonal patterns, identify the periods that are m...
What should I do if SUI contract trading encounters a pin? How to protect account security?
May 09,2025 at 01:56am
When trading SUI contracts, encountering a pin can be a frustrating experience, but there are effective strategies to handle such situations and ensure your account remains secure. This article will guide you through the steps to manage a pin in SUI contract trading and provide detailed advice on protecting your account security. Understanding What a Pi...
How do I hedge risks in SUI contract trading? Is long and short dual opening useful?
May 08,2025 at 09:14pm
Trading SUI contracts, like any other cryptocurrency derivative, involves significant risk due to the volatile nature of the market. Hedging is a strategy traders use to mitigate potential losses. In this article, we will explore various methods to hedge risks in SUI contract trading and evaluate the effectiveness of long and short dual opening as a hed...
How do I judge the trend in SUI contract trading? How to identify long and short signals?
May 09,2025 at 01:49pm
Understanding SUI Contract TradingSUI contract trading involves trading contracts based on the SUI cryptocurrency, which is a relatively new entrant in the crypto market. To effectively trade these contracts, it's crucial to understand how to judge the market trend and identify long and short signals. This article will guide you through the process of a...
How does SUI contract trading operate across chains? What asset conversions are supported?
May 12,2025 at 02:56am
Introduction to SUI Contract Trading Across ChainsSUI contract trading is a sophisticated mechanism that allows users to engage in decentralized trading across multiple blockchain networks. This process involves the use of smart contracts to facilitate trades, ensuring that transactions are secure, transparent, and efficient. The ability to trade across...
How do I withdraw cash from SUI contract trading? How long does it take to arrive?
May 09,2025 at 02:00am
Introduction to SUI Contract TradingSUI is a popular cryptocurrency that has gained traction in the decentralized finance (DeFi) space due to its efficient transaction processing and smart contract capabilities. Contract trading on the SUI network involves engaging in futures or options contracts based on the SUI token's price movements. When it comes t...
Does SUI contract trading have seasonal patterns? Which periods are more volatile?
May 10,2025 at 11:50pm
The SUI cryptocurrency, like many other digital assets, exhibits certain seasonal patterns in its trading activity. Understanding these patterns can be crucial for traders looking to capitalize on volatility and potential price movements. In this article, we will explore whether SUI contract trading has seasonal patterns, identify the periods that are m...
See all articles
