How to open ProBit Global 100x contract

To initiate trading 100x leverage contracts on the cryptocurrency exchange ProBit Global, follow these steps: register an account, verify your identity, deposit funds, select a pair, place an order, and continuously monitor it.

Nov 26, 2024 at 09:30 am

How to Open a ProBit Global 100x Contract

ProBit Global is a cryptocurrency exchange that offers a variety of trading options, including 100x leverage contracts. These contracts allow traders to multiply their profits by up to 100 times, but they also come with increased risk.

If you're new to 100x contracts, it's important to understand the risks involved before you start trading. You should also make sure that you have a solid understanding of how the market works and how to manage your risk.

If you're ready to open a ProBit Global 100x contract, follow these steps:

1. Create a ProBit Global account. If you don't already have a ProBit Global account, you can create one by visiting the website and clicking on the "Sign Up" button.
2. Verify your identity. To trade 100x contracts on ProBit Global, you need to verify your identity. You can do this by uploading a copy of your government-issued ID and a proof of address.
3. Fund your account. You can fund your ProBit Global account by depositing cryptocurrency or fiat currency.
4. Choose a trading pair. ProBit Global offers a variety of trading pairs for 100x contracts. You can choose a trading pair based on the cryptocurrency that you want to trade and the leverage that you want to use.
5. Place an order. Once you've chosen a trading pair, you can place an order. You can choose to buy or sell a contract, and you can specify the leverage that you want to use.
6. Monitor your order. Once you've placed an order, you can monitor it in the "Orders" tab. You can see the current status of your order, and you can cancel it if you change your mind.

Here are some additional tips for trading 100x contracts on ProBit Global:

• Use a stop-loss order. A stop-loss order is an order that automatically sells your contract if the price falls below a certain level. This can help you to protect your profits and limit your losses.
• Don't overlever yourself. It's important to only use leverage that you can afford to lose. If you overlever yourself, you could end up losing all of your money.
• Be aware of the risks. 100x contracts are a risky investment. It's important to understand the risks involved before you start trading.