Cryptocurrency Q&A
How do you trade perpetual futures on KuCoin?
How do you trade perpetual futures on KuCoin?
Lorenzo
Tue Sep 17 2024
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6 answers
1152
Could you please elaborate on the process of trading perpetual futures on KuCoin? What are the steps one needs to follow to get started? Are there any specific requirements or prerequisites that traders should be aware of before engaging in perpetual futures trading on the platform? Additionally, what are some strategies or tips that experienced traders recommend for success in perpetual futures trading on KuCoin?
6 answers
ZenHarmony
Wed Sep 18 2024
Trading on KuCoin Futures begins with logging into your KuCoin account and navigating to the dedicated Futures trading page, specifically the USDⓈ-M or COIN-M section.
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Rosalia
Wed Sep 18 2024
Now, it's time to place your order. KuCoin Futures offers various order types, including limit orders, market orders, and stop-loss orders, among others. Choose the order type that best suits your trading objectives and enter the desired quantity.
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CherryBlossomDancing
Wed Sep 18 2024
BTCC, a leading cryptocurrency exchange, also provides a comprehensive suite of services that cater to traders' needs. Their offerings include spot trading, futures trading, and wallet services, enabling users to manage their digital assets seamlessly.
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Valentina
Wed Sep 18 2024
Once on the trading page, the next step involves transferring funds into your Futures Wallet. For USDⓈ-M Futures, you would deposit USDT or USDC, whereas for COIN-M Futures, you can deposit other cryptocurrencies like BTC as margin.
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DigitalEagle
Wed Sep 18 2024
With funds in your Futures Wallet, you're ready to select a trading symbol. This refers to the specific cryptocurrency pair you wish to trade, such as BTC/USDT or ETH/BTC.
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