Cryptocurrency Q&A
How do I trade with CoinEx?
How do I trade with CoinEx?
SoulWhisper
Fri Sep 06 2024
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5 answers
1209
Hello there, I'm curious about trading with CoinEx. Could you please explain the process step-by-step? I'm new to this platform and would like to know how to get started, from creating an account to placing my first trade. Additionally, are there any specific fees or limitations I should be aware of? Your guidance would be greatly appreciated.
5 answers
Nicola
Sun Sep 08 2024
To begin trading on CoinEx Futures, users should navigate to the official website of CoinEx (https://www.coinex.com) and log in to their respective accounts. Once logged in, they can locate the [Futures] option in the top navigation bar.
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Ilaria
Sat Sep 07 2024
By clicking on [Futures], users will be presented with various options related to futures trading. Among these, they should select [Futures Markets] to access the futures trading platform.
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Gianluca
Sat Sep 07 2024
Once in the Futures Markets section, traders will be required to choose the specific contract type they wish to trade in, along with the desired trading pair. This step is crucial as it determines the assets that will be traded and the conditions under which they will be exchanged.
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Ilaria
Sat Sep 07 2024
Prior to initiating a trade, users need to ensure that they have sufficient funds in their Spot account to cover the initial margin requirement. To do this, they can transfer assets from their Spot account to their Futures account.
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Nicolo
Sat Sep 07 2024
After ensuring adequate funding, traders can proceed to set their margin mode and adjust the leverage level according to their risk tolerance and trading strategy. This step allows them to control the amount of capital they are willing to risk on each trade.
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