Bitrue's Futures Trading function has launched! We have prepared a list of commonly asked questions to help you get the most out of this feature. You can get started with the function right here.
How do I place an order?
Placing an order using PC/Desktop
Step 1: Click on this link to enter Bitrue's USDT perpetual contract trading page.
Step 2: To open a position, locate the order placement zone on the right side of the trading page.
Step 3: Inside the order placement zone, take note of the following before clicking on 'Open Long' or 'Open Short'
Based on different order types, you can adjust the leverage, the order price, and the contract quantity.
Step 4: After clicking on 'Open Long' or 'Open Short', an order confirmation window will appear. Confirm your order details and click on 'Confirm'.
You have successfully placed an order on Bitrue.
Placing an order using the app
Step 1: Launch the Bitrue app. Under Markets, select 'BTCUSDT'.
Step 2: Inside the price chart page, ensure that the top left corner is showing 'BTCUSDT'
Step 3: Select the middle circular left-right arrow icon. Ensure top left corner is still showing 'BTCUSDT'. This will be the order placement zone.
Step 4: Inside the order placement zone, take note of the following before clicking on 'Buy Long' or 'Sell Short'
Based on different order types, different options to adjust leverage, order price, contract quantity, etc will be made available. 
You have successfully placed an order on Bitrue.
What Is Auto-Deleveraging (ADL) and How Does It Work?
Auto-Deleveraging (ADL) is the final step taken only when the Insurance Fund cannot accept the bankrupt client’s positions. Bitrue takes every possible step to avoid auto-deleveraging, and has several features such as Immediate or Cancel Limit Orders to minimize the potential impact of any auto-deleveraging when it does occur. Unfortunately, due to the volatility in the crypto markets, and the high leverage offered to users, it is not possible to fully avoid auto-deleverage liquidations. In order to provide the best possible user experience, we are striving to keep auto-deleveraging liquidations to an absolute minimum.
As a trader, your position is at risk of auto-deleveraging based on an indicator with your priority in the queue. Below is an example of the indicators, from lowest priority to highest priority.
When there is an auto-deleverage liquidation, a notice is immediately sent to the affected user.
The trader’s position in the priority ranking is calculated by both profit and leverage. More profitable and higher leveraged traders will be liquidated first. Specifically, traders will be ranked by their margin ratio and unrealized PnL as a percentage of their collateral. The precise rank is known as “LeveragePnL”, which is defined as unrealized PnL/collateral multiplied by the margin ratio.
From there, traders will be ranked by the Leverage Pnl Quantile term; traders at imminent risk of being automatically liquidated will see the appropriate indicator in their interface. If the liquidation occurs, the trader will be sent a notice with the amount and liquidation price. The trader’s positions will be closed out at the bankruptcy price of the initial liquidated order. Any open orders will be canceled. Once the liquidation process is completed, the trader will be able to re-enter immediately.
Note: Bankruptcy price may be out of the contract’s market price range. It is highly recommended that the trader pays attention to the ADL indicator to avoid being deleveraged.