Welcome to the world of Bitrue USDT Perpetual Futures! To provide users with an ideal trading experience, we want to ensure that you are equipped with essential and foremost knowledge on the cryptocurrency derivatives market. Here’s a quick guide to perpetual futures that will help you get started today!
Introduction to Leveraged Trading
Leveraged trading allows users to participate in futures trading without a large amount of capital. Users begin by depositing an amount based on the futures value and leverage the size of their trade by borrowing funds against the deposited amount. Ideally, leveraged trades should be reassessed periodically to ensure that the deposit amount is sufficient to hold the position. If the deposit amount provided by the user is below the sufficient balance needed for the leveraged trade, there is a chance of liquidation.
Features of Perpetual Futures
Most of Bitrue's futures contracts are perpetual futures with no specified expiration date. Users can decide how long they want to hold the futures, which in turn allows them to increase the liquidity of their trade. The price of perpetual futures is based on the asset index, which is equivalent to the average price of the specific asset's spot price and trading volume.
Funding Costs
Funding costs represent the net profit/loss amount based on the price difference between the futures market and the spot market. Bitrue updates the funding costs every 8 hours and does not charge this fee. Funding costs are extracted from the accounts with negative balances and paid to accounts with positive balances. More details can be found here.
Key Terms
Here are some terms you may need to know:
- Initial Margin, Maintenance Margin, Variation Margin, Available Margin, and Risk Margin.
- Isolated Margin Mode and Cross Margin Mode.
Bitrue USDT Perpetual Futures Trading Steps
- Supports over 50 trading pairs: Bitrue offers more than 50 trading pairs, with a maximum leverage of up to 125x, and profits and losses are calculated in USDT.
- Seamless asset transfer: Transfer your assets to the futures account with zero fees!
- Start trading with ease: Choose your preferred trading pair, margin mode, leverage, price, quantity, and futures direction to start your trading journey.
- Effortless order management: View current orders, adjust leverage flexibly, or close positions effortlessly.
- Real-time tracking of profits and losses: Your profit and loss situation will be clearly displayed, including unrealized and realized gains and losses.
- Flexible operation closure: Manually close positions or partially close them using limit orders. We also support "Flash Close"!
Leverage and Risk Management
Bitrue encourages users to experience leveraged trading responsibly and cautiously through risk management strategies and features. Our real-time settlement system allows you to manage your account based on market conditions. Users can choose between Isolated Margin or Cross Margin modes to flexibly reduce liquidation risks.
Why Choose Bitrue's USDT Perpetual Futures?
- Leading global derivatives exchange: We support over 200 trading pairs, with a maximum leverage of 125x.
- Leading global derivatives liquidity: Our massive trading volume ensures excellent market liquidity.
- Industry-leading security: Recognized by multiple security companies, Bitrue has received top security ratings globally.
- Global support and multilingual services: We provide round-the-clock global support and multilingual services to assist you whenever you need help.
Register for a Bitrue Futures Account
Are you ready? Register for a Bitrue futures account now and explore the world of cryptocurrency futures trading!