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How to buy Euro-European currency-margined contract

王林
Release: 2024-07-11 18:59:00
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Coin-margined contracts are derivatives denominated in cryptocurrency, allowing margin trading. The steps to purchase coin-margined contracts on the European-Italian Exchange include: 1. Register and top up; 2. Select contract trading; 3. Select coin-margined contracts; 4. Select trading pairs; 5. Enter contract details; 6. Confirm transaction; 7 .Set Take Profit and Stop Loss (optional). Coin-margined contracts are high-risk transactions and must be operated with caution.

How to buy Euro-European currency-margined contract

European currency-standardized contract operation guide

What is a currency-standardized contract?

Coin-margined contract is a derivatives contract with a specific cryptocurrency (such as BTC, ETH) as the settlement unit. It allows traders to conduct leveraged transactions under a margin mechanism to magnify their gains or losses.

How to buy currency-margined contracts in Europe and Italy?

The steps to purchase coin-margined contracts on the Euro-Italian Exchange are as follows:

  1. Register and recharge the account: Register an Euro-Italian account and recharge.
  2. Select Contract Trading: Click on the "Trading" menu and select the "Contract Trading" option.
  3. Select Coin-Standard Contract: Select "Coin-Standard Contract" in the contract type drop-down list.
  4. Select Trading Pair: Select the cryptocurrency trading pair you want to trade (such as BTC/USDT).
  5. Enter contract details: Determine contract size, leverage and opening type (long/short).
  6. Confirm the trade: Check the contract details carefully and click "Buy" or "Sell".

How to set take profit and stop loss?

When opening and holding a position, you can set a stop-profit and stop-loss order to automatically close the position. A take profit order will be executed when the price reaches the target price, while a stop loss order will be executed when the price reaches a preset loss level.

To set a stop-profit and stop-loss in the Euro-European currency-margined contract, please select "Limit-price, stop-profit and stop-loss" or "Stop-loss and stop-loss" in the "Order Type" drop-down list in the position opening interface.

Note:

  • Coin-margined contracts are highly leveraged transactions that may result in significant gains or losses.
  • Before trading coin-margined contracts, be sure to understand the risks.
  • Only trade what you can afford to lose.
  • Before trading, develop a clear trading strategy.

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