How to view Upbit contract rates

You can view Upbit's contract rates by selecting the 'Market' tab, choosing 'Contract,' and selecting the desired contract for its current rate.

Nov 09, 2024 at 01:25 pm

Step 1: Creating an Upbit Account

1. Visit the official Upbit website and click on the "Sign Up" button.
2. Select your country of residence and enter your phone number or email address.
3. Follow the instructions on the screen to set up your Upbit account.

Step 2: Verifying Your Identity

1. Once your account has been created, you will need to verify your identity.
2. Click on the "My Account" tab and select the "Personal Verification" option.
3. Follow the instructions on the screen to upload your passport or ID card and a proof of address.

Step 3: Funding Your Upbit Account

1. Once your identity has been verified, you can proceed to fund your Upbit account.
2. Click on the "My Assets" tab and select the "Deposit" option.
3. Select your desired deposit method and follow the instructions on the screen.

Step 4: Viewing Upbit Contract Rates

1. Click on the "Market" tab and select the "Contract" option.
2. Select the contract you wish to view the rates for.
3. The contract's current rate will be displayed in the center of the screen.

Additional Features of Upbit's Contract Rates Display

1. Historical Data: You can view historical data for the contract's rates by clicking on the "Chart" tab.
2. Order Book: You can view the order book for the contract by clicking on the "Order Book" tab.
3. Trading History: You can view the trading history for the contract by clicking on the "Trade History" tab.
4. Mark Price: The mark price of the contract is a calculated theoretical price that is not influenced by market manipulation.
5. Funding Rate: The funding rate is a periodic payment that is made by traders who have open positions in the contract.

Tips for Viewing Upbit Contract Rates

1. Use the historical data to identify patterns and trends in the contract's price.
2. Monitor the order book to see how buy and sell orders are being placed.
3. Check the trading history to see how the contract's price has performed in the past.
4. Consider the mark price and funding rate when making trading decisions.
5. Use the Upbit app to view contract rates on your mobile device.