How to top up BitMEX contract

To top up your BitMEX contract, you must first log in to your account, select a contract, fund your account, place a buy order, wait for your order to execute, and then click the "Top Up Margin" button.

Nov 09, 2024 at 08:50 pm

Step 1: Log in to Your BitMEX Account

• Visit the BitMEX website (https://www.bitmex.com) and click on the "Log In" button in the top right corner.
• Enter your email address and password, then click on the "Log In" button.
• If you do not have a BitMEX account, you can create one by clicking on the "Create Account" button.

Step 2: Select a Contract

• Once you are logged in, hover over the "Trade" tab in the top menu bar and click on the "Contracts" sub-menu.
• A list of all available contracts will be displayed.
• Select the contract that you want to top up.

Step 3: Fund Your Account

• Once you have selected a contract, click on the "Deposit" button in the top right corner of the page.
• You will be taken to the "Deposit" page.
• Enter the amount of Bitcoin (BTC) that you want to deposit and click on the "Continue" button.
• You will be given a Bitcoin address to which you can send your BTC.
• Once you have sent your BTC, it will be added to your BitMEX account balance.

Step 4: Place a Buy Order

• Once you have funded your account, you can place a buy order for the contract that you want to top up.
• To do this, click on the "New Order" button in the top right corner of the page.

• Enter the following information:

  • Symbol: The symbol of the contract that you want to buy.
  • Order Type: Select the "Limit" order type.
  • Quantity: Enter the number of contracts that you want to buy.
  • Limit Price: Enter the limit price for your order. This is the maximum price that you are willing to pay for the contracts.
  • Time in Force: Select the "Good Till Canceled" option.
• Once you have entered all of the required information, click on the "Buy" button.
• Your order will be placed on the order book and will be executed when the market price reaches the limit price.

Step 5: Wait for Your Order to Execute

• Once you have placed your buy order, you will need to wait for it to execute.
• The execution time will vary depending on the market conditions.
• Once your order has been executed, the contracts will be added to your BitMEX account balance.

Step 6: Top Up Your Contract

• Once the contracts have been added to your account, you can top up your contract by clicking on the "Top Up Margin" button in the top right corner of the page.
• Enter the amount of BTC that you want to top up and click on the "Confirm" button.
• Your contract will be topped up and you will be able to start trading.