As far as bitcoin Futures Trading is concerned, these are the vital products whose values are acquired through an underlying asset which is a specific cryptocurrency viz. BTC or Bitcoin. However, it is essential to be noted that in case of the futures contracts in general the underlying asset is in the form of a commodity, a bond, or even a stock.
More about bitcoin Futures Trading on the BTCC online platform
Presently, the BTCC online platform is regarded to be one of the best options for bitcoin Futures Trading. This is because they have not only provided very easy steps to buy and sell BTC online but also have availed invaluable information on the futures trading of bitcoin.
For bitcoin Futures Trading a user has to opt for its trading on leverage. This is totally different from buying bitcoin directly from the spot online market. Herein, a user has an efficacious capability to buffer up his or her purchasing power and at the same time his or her potential profit via borrow of money that could be as high as 150X viz. from the trusted and instant exchange like BTCC, which is renowned globally.
In addition, in bitcoin Futures Trading on the BTCC online platform, a user has a unique opportunity to select his or her desired contracts. This varies from daily to weekly and perpetual contracts with no expiry periods and a user can maintain his or her status as long as he or she genuinely meets the requirements of the margin.
The easiest option for bitcoin Futures Trading on the BTCC online platform
The prime requisite for bitcoin Futures Trading on the BTCC online platform is to visit https://www.btcc.com/. This access can be thrilling anytime, anywhere, at the total leisure of a user.
Next, he or she has to click on the trading button on the website to safely enter the versatile trading platform of BTCC online. However, it is crucial to note that upon signing up and making a deposit into his or her trading account, a user can go ahead for bitcoin Futures Trading on the official website of BTCC.
Now a user has to switch between bitcoin Futures Trading weekly and the perpetual contracts to select his or her desired contract to trade. Weekly has an expiration date, whereas perpetual futures are devoid of any expiry date. Next, the selection of orders is also quite efficacious. It could be an instant order i.e. a market order or a stop order or a limit order which falls into the category of pending orders.
In the later stages of bitcoin Futures Trading the choice of leverage that one prefers to trade and subsequently afford the risks besides the selection of lot size and setting the stop loss and take profit by switching the S/L and T/P via turning on the toggle button beside the set stop-limit label usually set to off by default.
Eventually, a user has to click the buy or sell button to activate the wished order and initiate the mind-blowing journey of bitcoin Futures Trading.
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