In today's digital currency trading market, Bitcoin contract trading has become a highly-watched investment method. For investors who want to gain a deeper understanding and master Bitcoin contract trading, specific steps are essential. This article will detail the specific steps of Bitcoin contract trading to help you stand out in this exciting and challenging field.

First of all, to trade Bitcoin contracts, the first step is to choose a suitable trading platform. There are many professional digital currency trading platforms available on the market, such as BitMEX, OKEx, Deribit, etc. These platforms offer various types of Bitcoin contracts, including perpetual contracts, quarterly contracts, etc., and investors can choose according to their own needs and risk preferences. It is crucial to choose a safe and reliable trading platform with large trading volume and low handling fees, which will directly affect your trading experience and investment returns.

Secondly, it is crucial to understand the basic principles of Bitcoin contract trading. Bitcoin contracts are a derivative instrument whose price is related to the price fluctuations of Bitcoin. Investors can make profits by going long (bullish) or short (bearish). Understanding the principles of leverage trading and how to set stop-profit and stop-loss prices are the keys to successful Bitcoin contract trading.

Next, formulating a trading strategy is the key to successful Bitcoin contract trading. Investors can formulate their own trading strategies based on market conditions, technical analysis and fundamental analysis. For example, market trends can be judged by analyzing technical indicators such as K-line charts and moving averages, and then the timing of buying and selling can be determined. In addition, you can also pay attention to news related to Bitcoin, as well as changes in the global economic situation, and adjust trading strategies in a timely manner.

In addition, risk management is a vital part of Bitcoin contract trading. When trading, investors must set stop-profit and stop-loss prices, reasonably control positions and leverage multiples, and avoid huge losses due to improper risk control. In addition, stay calm, don't be swayed by market sentiment, and follow trading strategies to execute trading plans.

Finally, continuous learning and improving your trading skills are also the key to successful Bitcoin contract trading. The digital currency market changes rapidly, and investors need to maintain keen market insight, constantly learn new trading techniques and strategies, and keep pace with the times. Participating in trading communities, reading professional books, and participating in online and offline communication activities are all effective ways to improve trading skills.

In general, Bitcoin contract trading is a high-risk and high-return investment method. Investors must be cautious when trading and not be greedy and aggressive. By choosing the right trading platform, understanding trading principles, developing trading strategies, risk management and continuous learning and improvement, I believe you can become an excellent Bitcoin contract trader. I hope you will get rich rewards in this exciting world of digital currency!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

This question can be said to be a question that every investor wants to know. Before understanding this question, investors must first understand what is Bitcoin contract trading? Bitcoin contract trading is the same as Bitcoin futures trading. It is a two-way transaction. You can go long or short. Before there is a transaction, both parties must submit matters such as digital currency and agree on them. The transaction will be carried out at the agreed time. Regardless of whether the digital currency rises or falls in price at the transaction time, and whether the result is a profit or a loss, the transaction must be carried out according to the previous agreement.

 What are the specific steps of the Bitcoin contract trading tutorial?

Take OKX as an example to introduce Bitcoin perpetual contracts to investors. The detailed process is as follows:

(I) Account registration

1. Open OKX official website (), download OKX
APP, click "Register/Login" on the homepage, click "Register Now", enter the email address, click "Register", and then enter the six-digit verification code received in the email, which is valid for 10 minutes

2. Next, you need to verify your mobile phone number. Enter your mobile phone number, click "Verify Now", and then enter the mobile phone verification code. The verification code is valid for 10 minutes, click "Next"

3. Make sure that the selected place of residence is consistent with the information shown on the certificate. In order to protect the security of the account, please set the account password according to the prompts. After the password is set, click "Next" to complete the account registration

4. After completing the registration and login, click the button in the upper left corner of the homepage, click the top of the page on the jump page to enter the personal center, and go to the personal profile and settings page. On the personal profile page, click identity authentication and complete the authentication according to the prompts.
After passing the Lv.1 level authentication, you can trade digital assets. You can also choose to continue with the Lv.2 advanced authentication to obtain higher trading permissions.

(II) Trading Settings

1) To conduct contract trading, you need to open the account mode and set it to single-currency margin mode or cross-currency margin mode.

2) You can continue to set up the contract, select the trading unit and order mode in a personalized way.

(III) Perpetual Contract Trading

Perpetual contracts are divided into USDT margin contracts and currency-margined margin contracts. Here we take USDT margined perpetual contracts as an example.

1. First, transfer our digital assets from the capital account to the trading account. If it has been completed, no additional transfer operation is required.

2. On the trading page, click the drop-down button on the right side of the currency pair, enter the currency in the search box, select perpetual in the margin trading, and select the U-margined contract corresponding to the currency. (If you are currently on the corresponding currency page, you can also directly click the button in the upper right corner to switch to the perpetual contract trading mode)

3. Set the leverage multiple, select the account mode, order type, enter the price and quantity, and click Buy to open long (bullish) or Sell to open short (bearish). For unfulfilled orders, you can click Cancel Order to cancel the order.

4. After the pending order is executed, you can view the relevant data of the order in the position interface, such as margin, income, yield, estimated forced liquidation price, etc.

5. You can set stop profit and stop loss in the position interface, and you can also choose to close the position, enter the closing price and closing quantity to determine the closing position, or choose the market price to complete the closing operation.

Through the above introduction, I believe that everyone has some understanding of the Bitcoin contract trading tutorial. When Bitcoin contract trading increases leverage, the benefits and risks obtained will increase at the same time. It can be said that the risk is relatively high. Therefore, investors must invest cautiously. Shuhua said that investment is risky and trading should be cautious! If you want to know more about related knowledge, you can pay attention to the currency circle. The editor of the currency circle will continue to update related reports later!