How to Trade Bitcoin Futures on BTCC

 

Futures contracts are types of derivatives product where their values are derived from an underlying asset. The underlying assets can be a stock, bonds, or commodities. In the case of cryptocurrency futures contracts, the underlying asset would be crypto asset (Bitcoin BTC).

 

Unlike buying Bitcoin directly from the spot market, a bitcoin futures contract is generally traded on leverage. This means you can buffer up your purchasing power and potential profit by borrowing money up to 150X from the exchange like BTCC.

 

BTCC offers daily, weekly futures and perpetual contracts for Bitcoin derivative trading. The weekly Bitcoin futures contracts can be held up to a maximum of one week starting from Sunday 09:00 – Sunday 05:00 (UTC+8). However, the Bitcoin perpetual contracts has no expiry period, and you can maintain your position as long as you meet the margin requirements.

 

 

 

What are Bitcoin Futures?

 

With Bitcoin futures, the contract will be based on Bitcoin’s price, and speculators can “bet” on what they expect Bitcoin’s future price will be.  In addition, it allows investors to speculate on Bitcoin’s price without really owning Bitcoin.

 

It has two important repercussions. First, while Bitcoin itself is unregulated, Bitcoin futures can be traded on exchanges that are governed. Those concerned about the risks associated with the industry’s lack of regulation will welcome this development.

 

Second, in regions where Bitcoin trading is prohibited, Bitcoin futures allow investors to speculate on Bitcoin’s price.

 

 

 

 

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Why Trade Bitcoin Futures on BTCC

 

To trade BTC futures, you can choose BTCC crypto exchange. BTCC was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone.

 

 

 

 

BTCC offers futures trading, allowing customers to leverage up to 225 times on over 300 USDT-margined and coin-margined perpetual contracts. Traders might earn from holding either short or long holdings.

 

If the user does not have USDT, it will offer to trade it at BTCC. This application allows users to rapidly convert over 200 different cryptocurrencies into USDT and trade USDT-margined futures on the platform.

 

The BTCC Conversion Function is a great addition to any trader’s toolkit. This allows BTCC clients to change their cryptocurrency into USDT in seconds. This eliminates the need for users to go through the time-consuming procedure of transferring cryptocurrency out of their wallet and then converting it to USDT.

 

 

Here are the main advantages of using the BTCC crypto exchange to trade Bitcoin futures:

 

• Largest variety of futures: Daily and Perpetual futures
• Flexible leverage from 10x to 150x
• Lowest trading fees 0.03%
• Industry-leading market liquidity
• Plenty of campaigns to win exciting rewards

 

 

 

 

 

How to Trade Bitcoin Futures on BTCC?

 

 

Now you can trade BTC on  BTCC. BTCC supports a diverse selection of cryptocurrencies for trading. This includes popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and others. BTCC also offers products such as crypto, gold, and tokenized stocks to help investors rationally allocate their assets.

 

1. Register an Account

 

Join BTCC now and get up to 10,055 USDT when you deposit and trade. Click the button below to sign up now.

 

 

2. Deposit Funds

 

Once your account is set up, you’ll need to deposit funds into your BTCC account. BTCC may offer various deposit methods such as bank transfers, cryptocurrency deposits, or other payment options. Choose the method that works best for you and follow the instructions provided to deposit funds into your account. BTCC mainly offers USDT margin and future trading. Therefore, you need to buy USDT  before trading.

 

 

How to Buy Tether USDT Guide

 

 

 

 

3.How to trade BTC?

 

Here are the steps to trade BTC on BTCC

 

1) First, tap “Futures” on the website homepage

 

 

2) Select a product you would like to trade from the list here. BTCC currently offers daily and perpetual futures

 

 

 

3) Check time to settlement.  The settlement time of these futures type is different, you can check the time for settlement for each product here.

 

 

 

 

4) After choosing product, you can decide whther you would like to buy or sell it.  You only need to own USDT to trade USDT-margined futures.  That is to say you can sell BTCUSDT futures without owing any BTC Coin.

 

 

 

5) Then select your order type, and choose your leverage.

 

 

 

 

If you choose Limit or SL/TP order, you will need to enter your order price here.

 

 

 

Enter the quantity or choose the percentage under the quantity field.

 

 

 

 

You can also set up stop loss or take profit targets to limit losses or maximise earnings.

 

 

 

 

6)After everything is set up, Buy or  Sell to play your order. A confirmation window will show up,  check if all info is correct and click [Confirm] to open the position.