How to trade USDT futures on Bybit?

Registration and Account Authentication

First, visit the Bybit official website, click the 'Register' button, follow the prompts to fill in a valid email address and set password to complete the registration process. After successful registration, account authentication is required to increase transaction limit and ensure account security. Click on the personal avatar, select 'Identity Authentication', upload clear ID photos (such as passports, ID cards, etc.) as required, and complete facial recognition verification. After the authentication is passed, your account will obtain the corresponding trading permissions.

Fund deposit

Contract trading operations

1. Enter the trading interface: Click the 'Trade' tab, select 'Permanent Contract', and find the 'USDT' related contracts in the trading pair list, such as 'BTC/USDT Perpetual Contract', etc.

2. Set trading parameters: On the left side of the trading interface, set the trading type (market order, limit order, etc.), the leverage multiple (selected based on your own risk tolerance, such as 10 times, 20 times, etc.) and the number of transactions. For example, if you expect the price of Bitcoin to rise, you can choose to buy and open long; if you think the price will fall, you can choose to sell and open short.

3. Order transaction: After setting the parameters, click the 'Buy Long' or 'Sell Short' button. After confirming that the order information is correct, click 'Confirm Order'. At this point, your trading instructions will be submitted to the market for execution. If you set a limit order, the order will be sold only when the market price reaches the price you set; the market order will be sold immediately at the best price in the current market.

Risk management and closing positions