-
Bitcoin $94,580.5513
0.18% - Ethereum
$1,796.9978
0.67% - Tether USDt
$1.0005
0.03% - XRP
$2.2573
-1.65% - BNB
$600.1687
-0.65% - Solana
$146.4336
-0.55% - USDC
$1.0001
0.02% - Dogecoin
$0.1750
-1.62% - Cardano
$0.6972
-0.28% - TRON
$0.2446
-1.31% - Sui
$3.5214
-1.28% - Chainlink
$14.6270
-1.36% - Avalanche
$21.5194
-1.32% - Stellar
$0.2770
-1.79% - UNUS SED LEO
$8.9960
0.14% - Toncoin
$3.1796
-1.42% - Shiba Inu
$0.0...01337
-1.74% - Hedera
$0.1863
-2.42% - Bitcoin Cash
$365.8826
4.16% - Polkadot
$4.1635
-1.45% - Litecoin
$85.3953
0.20% - Hyperliquid
$18.4742
0.89% - Dai
$1.0000
0.00% - Bitget Token
$4.3871
-0.14% - Monero
$272.6792
7.75% - Ethena USDe
$0.9995
0.01% - Pi
$0.5845
-5.22% - Pepe
$0.0...08877
-0.91% - Aptos
$5.4882
-1.14% - Uniswap
$5.2276
-3.33%
How to trade perpetual contract on Huobi
Sentence: To trade perpetual contracts on Huobi, traders must open an account, fund it, select a contract, choose a position, set leverage, place an order, monitor their position, and close it when desired.
Nov 08, 2024 at 08:35 am
How to Trade Perpetual Contracts on Huobi: A Comprehensive Guide
Perpetual contracts are a popular financial instrument that allows traders to speculate on the price of an underlying asset without an expiry date. They are similar to futures contracts but offer greater flexibility and liquidity.
Step 1: Opening an Account on Huobi
To trade perpetual contracts on Huobi, you need to open an account on the platform. The process is straightforward and can be completed in a few minutes.
Step 2: Funding Your Account
To trade perpetual contracts, you must fund your account with a sufficient amount of funds. Huobi supports a wide range of funding options, including cryptocurrencies, fiat currencies, and stablecoins.
Step 3: Selecting a Perpetual Contract
Huobi offers a variety of perpetual contracts, which track the price of popular cryptocurrencies, commodities, and indices. Choose the contract that you wish to trade based on your market analysis and trading strategy.
Step 4: Choosing a Position Long/Short
Depending on your market outlook, you can choose to take either a long or short position when trading perpetual contracts. A long position bets on the price of the underlying asset to rise, while a short position bets on the price to fall.
Step 5: Setting Leverage
Leverage allows traders to increase their potential profits while also amplifying their risks. Huobi offers adjustable leverage for different perpetual contracts, ranging from 2x to 50x. Use leverage judiciously to avoid excessive losses.
Step 6: Placing an Order
To place an order, specify the type of order, the price, and the amount you wish to trade. Huobi supports a variety of order types, including market orders, limit orders, and stop-loss orders.
Step 7: Monitoring Your Position
Once you have placed an order, monitor it regularly to manage your risk and secure profits. Huobi provides real-time market data, charts, and trading alerts to help you stay informed.
Step 8: Closing Your Position
To close your position, simply place an opposing order of the same size and type. For example, if you have a long position, you would place a short order to close it.
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.
- XRP Is Going Through One of Its Strongest Periods
- 2025-04-30 05:50:13
- Can Cardano (ADA) Price Spike to $14 If Bitcoin Crosses $100K? Analysis Suggests Yes
- 2025-04-30 05:50:13
- Arizona Lawmakers Pass Bills to Create Bitcoin Reserve, Setting the Stage for Nationwide Adoption
- 2025-04-30 05:45:13
- Dragoin (DRGN) Could Be the Next Big Crypto Breakout, Offering 1000x Gains
- 2025-04-30 05:45:13
- Litecoin (LTC), VeChain (VET), and XRP Are Making Headlines as Shifting Market Trends Reshape Crypto's Next Big Plays
- 2025-04-30 05:40:12
- Top 10 ICOs of 2025: New Coins, Real Utility, and Big Gains Ahead
- 2025-04-30 05:40:12
Related knowledge
Which is better, SHIB contract trading or spot trading? What is the risk difference?
Apr 29,2025 at 11:21am
Trading in the cryptocurrency market offers various methods, each with its own set of advantages and risks. Two popular methods among traders are SHIB contract trading and spot trading. In this article, we will delve into the specifics of each method, compare their benefits, and discuss the risk differences to help you make an informed decision on which...
How to trade LINK contracts? Things to note when trading with leverage
Apr 28,2025 at 08:01pm
Trading LINK contracts, particularly with leverage, can be an exciting yet risky endeavor. LINK, or Chainlink, is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Trading LINK contracts involves speculating on the price movements of LINK without owning the actual cryptocurrency. When you trade with lever...
Which is better for beginners, Dogecoin futures or spot trading? Is leverage trading risky?
Apr 29,2025 at 04:49am
When deciding whether Dogecoin futures or spot trading is better for beginners, it's important to understand the fundamental differences between these two trading methods and their respective risks. Dogecoin spot trading involves buying and selling the actual cryptocurrency at the current market price. This method is straightforward and allows beginners...
Which is more suitable for novices, quarterly contracts or perpetual contracts? Does the delivery date have a big impact?
Apr 29,2025 at 09:49am
Introduction to Quarterly and Perpetual ContractsWhen entering the world of cryptocurrency trading, one of the first decisions a novice trader faces is choosing between quarterly contracts and perpetual contracts. Both types of contracts offer unique features and benefits, but understanding their differences is crucial for making an informed decision. T...
When will the leverage multiple adjustment take effect? Will the leverage change affect the existing position?
Apr 28,2025 at 02:36am
Understanding Leverage Multiple Adjustments in Cryptocurrency TradingIn the realm of cryptocurrency trading, leverage is a powerful tool that allows traders to amplify their trading positions beyond their initial capital. However, adjustments to leverage multiples are a critical aspect that traders must understand thoroughly. This article delves into wh...
Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?
Apr 27,2025 at 09:14pm
In the world of cryptocurrency trading, especially when dealing with futures and options contracts, traders often find themselves puzzled by discrepancies between their expected and actual profit and loss (P&L). This article delves into the reasons behind such discrepancies and explores whether the calculation of unrealized profit and loss includes hand...
Which is better, SHIB contract trading or spot trading? What is the risk difference?
Apr 29,2025 at 11:21am
Trading in the cryptocurrency market offers various methods, each with its own set of advantages and risks. Two popular methods among traders are SHIB contract trading and spot trading. In this article, we will delve into the specifics of each method, compare their benefits, and discuss the risk differences to help you make an informed decision on which...
How to trade LINK contracts? Things to note when trading with leverage
Apr 28,2025 at 08:01pm
Trading LINK contracts, particularly with leverage, can be an exciting yet risky endeavor. LINK, or Chainlink, is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Trading LINK contracts involves speculating on the price movements of LINK without owning the actual cryptocurrency. When you trade with lever...
Which is better for beginners, Dogecoin futures or spot trading? Is leverage trading risky?
Apr 29,2025 at 04:49am
When deciding whether Dogecoin futures or spot trading is better for beginners, it's important to understand the fundamental differences between these two trading methods and their respective risks. Dogecoin spot trading involves buying and selling the actual cryptocurrency at the current market price. This method is straightforward and allows beginners...
Which is more suitable for novices, quarterly contracts or perpetual contracts? Does the delivery date have a big impact?
Apr 29,2025 at 09:49am
Introduction to Quarterly and Perpetual ContractsWhen entering the world of cryptocurrency trading, one of the first decisions a novice trader faces is choosing between quarterly contracts and perpetual contracts. Both types of contracts offer unique features and benefits, but understanding their differences is crucial for making an informed decision. T...
When will the leverage multiple adjustment take effect? Will the leverage change affect the existing position?
Apr 28,2025 at 02:36am
Understanding Leverage Multiple Adjustments in Cryptocurrency TradingIn the realm of cryptocurrency trading, leverage is a powerful tool that allows traders to amplify their trading positions beyond their initial capital. However, adjustments to leverage multiples are a critical aspect that traders must understand thoroughly. This article delves into wh...
Why is the profit and loss of the contract not in line with expectations? Does the calculation of unrealized profit and loss include handling fees?
Apr 27,2025 at 09:14pm
In the world of cryptocurrency trading, especially when dealing with futures and options contracts, traders often find themselves puzzled by discrepancies between their expected and actual profit and loss (P&L). This article delves into the reasons behind such discrepancies and explores whether the calculation of unrealized profit and loss includes hand...
See all articles
