Cryptocurrency contract trading is a high-risk, high-reward investment method suitable for investors with a certain understanding of the market. Here are the key points and operational guidelines:

1. Basic concepts of contract trading

Essence: Similar to a betting agreement, predicting the price trend of cryptocurrencies, supports both long and short positions (choose 'long' for bullish and 'short' for bearish)

Core mechanism:

Leverage multiplier: 1 yuan of capital can control 10-100 times the funds (mainstream exchanges provide 3-100 times leverage)

Margin: Initial funds must be deposited as collateral (USDT-based contracts start at a minimum of 5 dollars)

24-hour trading: No market closure time limit

2. Newbie operation process

Platform selection: Prioritize major exchanges like Binance, OKX, etc., and complete two-factor authentication (2FA) and risk assessment

Opening position steps:

Transfer USDT to the contract account

Choose BTC/USDT perpetual contract (best liquidity)

Set leverage multiplier (suggested for beginners to be below 5 times)

Profit and loss calculation:

100U capital + 10 times leverage = 1000U operating amount

Asset volatility of 1% = account volatility of 10U (yield rate of 10%)

3. Key points of risk management

Liquidation mechanism:

Triggered when the maintenance margin rate is below 0.5%-1%

Calculation formula: Liquidation price = opening price × (1 ± leverage multiplier × maintenance margin rate)

Position control:

Single trade not exceeding 5% of total funds

Simultaneous positions not exceeding 3 varieties

High leverage requires low position (e.g., 0.5% position for 100 times leverage)

Take profit and stop loss:

It is recommended to set the stop-loss line at 2-3% of the capital

Take profit line at 5-8% of the capital

4. Choice of contract types

Coin-based contracts:

Use cryptocurrencies as margin and settlement currency

Suitable for long-term holders to hedge risk

USDT-based contracts:

Settled in stablecoins like USDT

Reduce the impact of cryptocurrency price fluctuations on margin



5. Common misconceptions warning

Leverage trap:

1% fluctuation under 100 times leverage leads to liquidation

Reference case: The 2021 LUNA crash caused 100 times leverage players to be completely wiped out

Overtrading:

10 trades in a single day can incur monthly fees of 15%-30%

It is recommended to adopt a trend-following strategy#美国加征关税 $BTC