How to trade KuCoin contract

To begin trading KuCoin Contracts, create an account, which offers user-friendly perpetual and futures contracts with intuitive order types for balanced risk management.

Nov 08, 2024 at 02:32 am

How to Trade KuCoin Contract: A Comprehensive Guide

KuCoin Contract trading is a popular way to speculate on the price of digital assets using leverage. It allows traders to amplify their potential profits, but also carries increased risk. This guide will provide a detailed overview of KuCoin contract trading, including:

1. Getting started with KuCoin Contract


2. Understanding contract types


3. Placing orders


4. Managing risk


5. Using technical analysis


6. Withdrawal


7. Frequently asked questions

Getting Started with KuCoin Contract

To begin trading KuCoin Contracts, you will need to create an account on KuCoin. Once you have registered and verified your account, you can access the KuCoin Contract platform via the navigation menu at the top of the screen.

The KuCoin Contract platform is designed to be user-friendly and intuitive, even for beginners. The interface is clean and well-organized, with all of the necessary trading tools and information easily accessible.

Understanding Contract Types

KuCoin Contract offers two types of contracts: perpetual contracts and futures contracts.

• Perpetual contracts: Perpetual contracts are contracts that have no fixed expiry date. They are continuously settled, meaning that there is no need to roll over your position at the end of each month. Perpetual contracts are the most popular type of contract on KuCoin.
• Futures contracts: Futures contracts are contracts that have a fixed expiry date. Once the expiry date arrives, the contract will be settled and you will receive or pay the difference between the opening and closing price of the contract. Futures contracts are less popular than perpetual contracts on KuCoin, but they can be useful for hedging or speculating on the future price of an asset that is not available through a perpetual contract.

Placing Orders

To place an order on KuCoin Contract, you will need to select the contract you want to trade, the order type, and the quantity.

There are four main order types on KuCoin Contract:

• Market order: A market order is an order to buy or sell a contract at the current market price. Market orders are executed immediately.
• Limit order: A limit order is an order to buy or sell a contract at a specified price. Limit orders are not executed until the market price reaches the specified price.
• Stop order: A stop order is an order to buy or sell a contract when the market price reaches a specified price. Stop orders are not executed until the market price reaches the specified price, and then they are converted into market orders.
• Trailing stop order: A trailing stop order is an order to buy or sell a contract when the market price moves a specified percentage away from the current price. Trailing stop orders are useful for protecting profits and managing risk, as they automatically adjust to keep your stop order at a specified distance from the market price.

Managing Risk

Leveraged trading can amplify your potential profits, but it also carries increased risk. It is important to manage your risk carefully when trading KuCoin Contracts.

There are a few simple steps you can take to manage your risk:

• Start with a small trading account. This will help you to minimise your losses if something goes wrong.
• Use stop-loss orders. Stop-loss orders can help you to limit your losses by automatically closing your position if the market price reaches a specified level.
• Do not over-leverage. Leveraging up too much can greatly increase your risk of losing money. Avoid overleveraging by only trading wit