Market Cap: $3.2904T 0.530%
Volume(24h): $108.896B -5.760%
Fear & Greed Index:

48 - Neutral

  • Market Cap: $3.2904T 0.530%
  • Volume(24h): $108.896B -5.760%
  • Fear & Greed Index:
  • Market Cap: $3.2904T 0.530%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

How to trade Poloniex contracts

Sentence: To trade Poloniex contracts, users must first create an account, fund it with cryptocurrency or fiat currencies, and navigate to the Poloniex Contracts platform to understand contract specifications and place orders.

Nov 27, 2024 at 07:38 pm

How to Trade Poloniex Contracts: A Comprehensive Guide

Introduction

Poloniex, one of the leading cryptocurrency exchanges, offers a robust platform for contract trading, enabling users to trade crypto derivatives with the potential for higher leverage and increased profitability. This guide will provide a step-by-step walkthrough of how to trade Poloniex contracts, from setting up an account to placing trades and managing risk.

Step 1: Create a Poloniex Account

  • Visit the Poloniex website (www.poloniex.com) and click on "Sign Up" to create a new account.
  • Enter a valid email address, create a password, and agree to the terms of service.
  • Verify your email address by clicking on the confirmation link sent to your inbox.

Step 2: Fund Your Account

  • Log in to your Poloniex account and click on "Balances" from the top menu.
  • To deposit cryptocurrencies, click on the "Deposit" button for the desired currency and follow the instructions provided.
  • Alternatively, you can use fiat currencies like USD to purchase cryptocurrencies directly through Poloniex using the "Buy Crypto" option.

Step 3: Access the Poloniex Contracts Platform

  • Once your account is funded, navigate to the "Trading" tab from the top menu and select "Contracts" from the sub-menu.
  • This will redirect you to the Poloniex Contracts platform, where you can start trading perpetual futures contracts.

Step 4: Understand Contract Specifications

  • Before placing a trade, it's essential to understand the contract specifications for the underlying asset you wish to trade.
  • These specifications include the contract size (e.g., 1 ETH), the leverage ratio (e.g., 100x), the funding interval (e.g., 8 hours), and the liquidation price.
  • This information is crucial for calculating potential profits and losses, as well as managing risk.

Step 5: Place a Contract Order

  • To place a contract order, select the trading pair you want to trade from the left-hand menu (e.g., ETH/USDT).
  • Choose the order type (e.g., Market or Limit) and enter the desired contract quantity.
  • Set the desired leverage ratio and manage risk accordingly.
  • Review the order details, including the potential profit/loss, and click on "Buy" or "Sell" to place the order.

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.

Related knowledge

How to use the price slope to filter the false breakthrough signal of the contract?

How to use the price slope to filter the false breakthrough signal of the contract?

Jun 20,2025 at 06:56pm

Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...

How to determine the expected volatility of the contract through the volatility cone?

How to determine the expected volatility of the contract through the volatility cone?

Jun 19,2025 at 12:28pm

Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...

How to formulate a contract intraday trading plan in combination with the pivot point system?

How to formulate a contract intraday trading plan in combination with the pivot point system?

Jun 21,2025 at 03:42pm

Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...

How to adjust the contract position ratio through the price fluctuation entropy?

How to adjust the contract position ratio through the price fluctuation entropy?

Jun 22,2025 at 11:42am

Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...

How to use the volume swing indicator to predict the contract volume-price divergence?

How to use the volume swing indicator to predict the contract volume-price divergence?

Jun 18,2025 at 11:42pm

Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...

How to use the Gaussian channel to set the contract trend tracking stop loss?

How to use the Gaussian channel to set the contract trend tracking stop loss?

Jun 18,2025 at 09:21pm

Understanding the Gaussian Channel in Cryptocurrency TradingThe Gaussian channel is a technical indicator used primarily in financial markets, including cryptocurrency trading, to identify trends and potential reversal points. It is based on statistical principles derived from the normal distribution, commonly known as the Gaussian distribution or bell ...

How to use the price slope to filter the false breakthrough signal of the contract?

How to use the price slope to filter the false breakthrough signal of the contract?

Jun 20,2025 at 06:56pm

Understanding the Concept of Price Slope in Contract TradingIn contract trading, especially within cryptocurrency derivatives markets, price slope refers to the rate at which the price changes over a specific time period. It helps traders assess the strength and sustainability of a trend. A steep slope may indicate strong momentum, while a shallow slope...

How to determine the expected volatility of the contract through the volatility cone?

How to determine the expected volatility of the contract through the volatility cone?

Jun 19,2025 at 12:28pm

Understanding the Basics of Volatility in Cryptocurrency ContractsIn the realm of cryptocurrency trading, volatility is a key metric that traders use to assess potential risk and reward. When dealing with futures contracts, understanding how volatile an asset might become over time is crucial for position sizing, risk management, and strategy developmen...

How to formulate a contract intraday trading plan in combination with the pivot point system?

How to formulate a contract intraday trading plan in combination with the pivot point system?

Jun 21,2025 at 03:42pm

Understanding the Basics of Pivot Points in Cryptocurrency TradingPivot points are technical analysis tools used by traders to identify potential support and resistance levels. These levels are calculated using the previous day's high, low, and closing prices. In the context of cryptocurrency trading, where markets operate 24/7, pivot points help trader...

How to adjust the contract position ratio through the price fluctuation entropy?

How to adjust the contract position ratio through the price fluctuation entropy?

Jun 22,2025 at 11:42am

Understanding Price Fluctuation Entropy in Cryptocurrency ContractsIn the world of cryptocurrency futures trading, price fluctuation entropy is a relatively new concept used to measure market volatility and uncertainty. It derives from information theory, where entropy refers to the degree of randomness or unpredictability in a system. In crypto contrac...

How to use the volume swing indicator to predict the contract volume-price divergence?

How to use the volume swing indicator to predict the contract volume-price divergence?

Jun 18,2025 at 11:42pm

Understanding the Volume Swing IndicatorThe volume swing indicator is a technical analysis tool used primarily in cryptocurrency trading to evaluate changes in volume over time. Unlike price-based indicators, this metric focuses solely on trading volume, which can provide early signals about potential market reversals or continuations. The key idea behi...

How to use the Gaussian channel to set the contract trend tracking stop loss?

How to use the Gaussian channel to set the contract trend tracking stop loss?

Jun 18,2025 at 09:21pm

Understanding the Gaussian Channel in Cryptocurrency TradingThe Gaussian channel is a technical indicator used primarily in financial markets, including cryptocurrency trading, to identify trends and potential reversal points. It is based on statistical principles derived from the normal distribution, commonly known as the Gaussian distribution or bell ...

See all articles

User not found or password invalid

Your input is correct