Futures

Futures Trading Guide (2024 APP Version)

2024-10-24 09:11054

Futures Trading Guide (2024 APP Version) image 0

If you prefer the Bitget Website for trading, here's the detailed guide on how to make your first trade on Bitget Futures Trading: Bitget Beginner's Guide — How To Make Your First Futures Trade . Now, if you're a frequent mobile user, follow the instructions below for a successful, hassle-free first order.

Step 1:

Open the Bitget App. Tap on the [Futures] icon on the navigation bar.

Futures Trading Guide (2024 APP Version) image 1

Step 2

Since we have different accounts for different activities to optimise the use of funds, you'll first need to transfer funds from your funding or spot account to your futures account. Tap on the [+] sign as shown in the picture.

Futures Trading Guide (2024 APP Version) image 2

Step 3

Now enter the desired amount of funds you wish to transfer to your futures account and tap [Confirm] to proceed. The funds will be transferred immediately.

Futures Trading Guide (2024 APP Version) image 3

Step 4

Now you can start placing your first trade right away. Tap on the drag-down button as shown below and tap on your desired order type.

Futures Trading Guide (2024 APP Version) image 4

Step 5

Adjust your leverage level. We do not recommend going for high leverages unless you are well-familiar with the process.

Futures Trading Guide (2024 APP Version) image 5

Step 6

Enter the price at which you want to place the order and the nominal value of the contract, which is equal to the product of your position value and your preferred leverage. In the example, a nominal value of 500 USDT can be opened with a position of approx. 95 USDT (the amount of funds you want to allocate for this order) multiplied by 5.

For details on fees, funding rates and other calculations, please visit the suggested readings mentioned above.

Futures Trading Guide (2024 APP Version) image 6

Step 7

Tap on [Open long] to confirm the order. Unless you choose the Market order type (which is always executed immediately), your order will be shown under [Orders] until completed. The number that appears next to [Orders] is the number of orders to be filled. When an order is completed, you can find them under [Positions].

Futures Trading Guide (2024 APP Version) image 7

Step 8

To review your order with regards to the real-time market movements, tap on the candles button as below or tap on the arrow next to [BTCUSDT Chart].

Futures Trading Guide (2024 APP Version) image 8

You'll see the price at which your order will be executed.

Futures Trading Guide (2024 APP Version) image 9

How To Change Your Order Details

STEP 1: You can change your order details by going to the [Orders] minitab and tap on the [Edit] button under the order you want to change.

Futures Trading Guide (2024 APP Version) image 10

STEP 2: You can either adjust the contract value or add TP/SL details by tapping on the arrow next to [Set TP/SL].

Futures Trading Guide (2024 APP Version) image 11

These are the TP/SL details. Once you're done, tap [Confirm].

Futures Trading Guide (2024 APP Version) image 12