Generally divided into perpetual contracts and delivery contracts

Contract trading is a way of playing in major exchanges. It has long appeared in the stock market and other trading markets.

In fact, contracts are used to magnify your funds through leverage, and you can quickly double your profits by buying high and selling low, which is very popular among cryptocurrency investors.

Perpetual Contract: Perpetual contract has no expiration date, users can hold it forever and close the position by themselves.

Delivery contract: The delivery contract has a specific delivery date, including weekly, next weekly, quarterly and next quarterly delivery contracts. When the specific delivery date arrives, the system will automatically deliver regardless of profit or loss.

Margin type: USDT margin contract: It means that you need to use the stable currency USDT as the margin asset. As long as there is USDT in the account, you can conduct contract transactions in multiple currencies, and the profit and loss are settled in USDT.

Currency-margined margin contracts: The underlying currency is used as the margin asset. The corresponding currency must be held before trading, and the profit and loss are also settled in this currency.


What does full position/per position mean?

Full position means that all positions in the account share the same margin, and the profits and losses of different positions can offset each other.

Position by position means that the risks and returns of each position are independent, and the margin and profit and loss of each position are calculated separately.

What does it mean to buy long/short?

"Buy to open long" means buying a contract at a suitable price, waiting for the market price to rise and then selling (closing the position) to earn the difference, which is similar to spot trading, referred to as "buy first and sell later".


"Sell to open short" means selling the contract at a suitable price first, waiting for the market price to fall and then buying (closing the position) to earn the difference, referred to as "sell first and buy later"

After opening a position, you can view the order information under the [Position] column and set take-profit, stop-loss or close the position.

What should be paid attention to in contract trading:

(1) Regardless of whether you are in single-currency margin mode or cross-currency margin mode, when the margin ratio is less than or equal to 300%, the system will issue a position reduction warning to your account. You need to pay attention to the risk of position reduction. When the margin ratio is less than or equal to 100%, the system will cancel orders according to the rules and trigger forced liquidation. Please pay attention to position management to prevent the risk of liquidation.

(2) In the isolated margin mode, the positions in the single-currency margin mode and the cross-currency margin mode are independent and do not affect each other.

(3) In the cross-margin mode, in the single-currency margin mode, the same settlement currency shares a margin; in the cross-currency margin cross-margin mode, all assets in the trading account are converted into USD according to the conversion ratio and used as position margin.

(4) In the cross-currency margin mode, if [Automatic Borrowing] is enabled, you do not need to hold USDT or the underlying currency, and you can also conduct [USDT Margin] or [Currency Margin] contract transactions.#币安Alpha上新 $BTC