Perpetual Contracts (App/Web Platform Guide)

Perpetual contracts are derivative products settled in digital assets, allowing traders to profit from both rising ("long") and falling ("short") markets without expiration dates. This guide covers essential features and trading steps for both App and Web platforms.

Key Features

• No expiry date: Trade indefinitely.

• Two contract types:

  • Coin-margined (Reverse): Denominated in USD; collateral and P/L in base currency (e.g., BTC).
  • USDT-margined (Linear): Denominated in USDT; collateral and P/L in USDT.
• High leverage: Up to 100x (BTC-USDT).

👉 Start trading perpetual contracts now

App Trading Steps

1. Fund Transfer

1. Navigate to Assets > Transfer.
2. Select currency (e.g., USDT), From: Funding Account > To: Trading Account.
3. Enter amount and confirm.

2. Account Setup

• Mode: Switch between "Unified" (cross-margin) and "Single-currency" (isolated margin).
• Unit: Choose "Coin", "Contract", or "USDT" for USDT-margined contracts.

3. Going Long (Buy)

Opening a Long Position

1. Select BTC/USDT Perpetual under USDT Contracts.

2. Set:

   • Margin type (Isolated/Cross)
   • Leverage (1–100x)
   • Order type (Limit/Market)
   • Price & quantity
3. Tap Buy/Long > Confirm.

Closing a Long Position

• Manual: Under Positions, select the trade > Close.
• Stop Orders: Set take-profit/stop-loss triggers.

💡 Pro Tip: Monitor liquidation prices and use stop-loss orders to mitigate risk.

Web Trading Steps

1. Fund Transfer

1. Click Asset Management > Transfer.
2. Follow same steps as App.

2. Account Settings

• Adjust leverage, margin type, and display units via the gear icon.

3. Going Short (Sell)

Opening a Short Position

1. Select BTC/USDT Perpetual.

2. Enter:

   • Price
   • Leverage
   • Quantity
3. Click Sell/Short > Confirm.

Closing a Short Position

• Use Limit/Market orders or set stop triggers.

👉 Advanced trading strategies

FAQs

Q1: What’s the difference between isolated and cross-margin?

A: Isolated limits risk to one position; cross-margin shares balance across all trades.

Q2: Why use stop-loss orders?

A: Automatically closes positions to lock profits/cap losses during volatility.

Q3: Can I change leverage after opening a position?

A: Yes, but it affects liquidation price dynamically.

Risk Management

• Liquidation Warning: Positions close automatically if equity ≤0.
• Mark Price: Prevents manipulation by using fair price for P/L.

Always trade responsibly!