How to Trade Crypto Futures Contracts on BTCC

11/24/2022By: C, Fiona

Futures are a sort of financial derivative. Agreements to buy or sell an underlying item at a predetermined price on a specified date are the basis of these standardized trading contracts between two parties. Bitcoin itself would serve as the “underlying asset” in a futures contract based on bitcoin.

 

Unlike buying crypto directly from the spot market, a  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.

 

In this guide, we’re taking a closer look at how to trade BTCC leverage futures contracts instantly by following these steps. The current web tutorial is available for mobile, tablet and computer use.

 

Cryptocurrency - BTCC

 

Quick Overview


1.What is BTCC?


 

BTCC, a cryptocurrency exchange situated in London, UK, was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone.

 

BTCC Exchange

 

We also have crypto licenses in the United States, Canada, and Europe. Through the ups and downs of numerous market cycles, BTCC has supplied safe trading services with cutting-edge technology for the past 11 years. As the world’s oldest crypto exchange, BTCC has always placed a great emphasis on enhancing every area of trade, seeking to establish a fair trading environment for all crypto enthusiasts worldwide.

 

BTCC Core Values
BTCC Core Values

 

 

We specializes in crypto futures contract trading, offering daily, weekly, quarterly and perpetual futures contracts. The maximum leverage offered by BTCC for daily futures contracts is 150x. The vast variety of futures offered by BTCC accommodates the trading habits and objectives of both novice and seasoned traders.We offer the Coin-margined futures. Users can trade futures using USDT or cryptos like BTC, ETH, and XRP. And Large orders of up to 300 BTC can be executed at the top price levels.

 

Our mission is to provide a trading platform that is fair and reliable in every sense. From developing responsible crypto products to creating user-friendly interfaces, we strike to uplift the industry’s standard for quality trading.

 

2.How to Register an Account on BTCC?


 

1. You need an account to begin trading crypto on BTCC. Register BTCC account if you haven’t already done so.

2. To create your BTCC account, tap Register on the top right corner.

 

3. The KYC suooprts Enable cell phone number verification and KYC verification. This will increase your security level. Once you have completed the corresponding operations, you will have access to more BTCC product trading features. After providing your email address, you will receive a verification code. Create a password for your account and enter the verification code. To accept the privacy statement, risk disclosure, and terms of service, tap. Register next to move on to the next level.

 

4.Enter your email address, and you will be emailed a verification code. Enter the verification code and then generate a password for your account. Register then to progress to the following step.

 

5. Drag the slider to finish the verification.

 

6. You’ve successfully registered for a BTCC account.

 

How to Finish the Identity Verification

 

7. Verify your identity by confirming your current resident country .

 

8. Next, bind your mobile number to make your BTCC account more secure.

 

9.Verify your identity by taking a photo of your selfie.

10. Next, fit your identity document within the camera frame.

 

BTCC is rewarding new members with up to 3,500 USDT in incentives as part of a special offer. Funding your BTCC account within the first 7 days of signing up is required to qualify for the promotion.

Details: https://www.btcc.com/en-us/promotions/bonus?utm_source=GW_SEO&inviteCode=%20

 

 

BTCC also has an iOS app and Android app if you prefer to trade on the go.

 

    iOS QR Code               Android QR Code 

   

3.How to Deposit Crypto on BTCC


 

After successfully opened an account on BTCC. There are two ways to deposit on BTCC.

  • Buy Crypto with Fiat currency ➞ transfer the crypto to your BTCC account
  • Deposit crypto from your wallet or other exchanges to your BTCC account

 

3.1 Choose Fiat Currency to Deposit

Click to operate :https://www.btcc.com/en-US/user-center/assets/deposit/usdt

Deposit in fiat currency is to use credit card or other fiat currency channel to buy and deposit money. As the global fiat currency channel varies, the actual situation needs to be based on the current fiat currency channel used by BTCC to carry out relevant operations.

 

 

Select the purchase quantity and payment currency, then click Pay Now on the corresponding payment method to proceed to payment.

After successful purchase, the payment will be credited to your BTCC account within 2~30 minutes. Blockchain network conditions or service provider status may affect the crediting time.

If you encounter any problems when making a deposit, please contact our customer service via the bottom right corner of this page.

 

3.2 Select Crypto Deposit

Click to Operate :https://www.btcc.com/en-us/user-center/assets/deposit/crypto

 

Here’s a quick guide on how you can make deposits on our platform.

  1. Go to the the Assets page on our website. Tap Deposit.
  2. Select the type of cryptocurrency that you would like to make a deposit in. Tap Deposit to make a deposit of crypto such as USDT/BTC/ETH/XRP.
  3. If you are depositing USDT, you will see the available networks for this currency, including USDT-OMNI, USDT-ERC20, USDC-TRC20,
  4. Please choose the deposit network carefully and make sure that the selected network is the same as the network of the platform you are withdrawing funds from. That is to say, if you select the wrong network, you will lose your funds.
  5. Copy your BTCC Wallet’s deposit address and paste it to the address field on the platform you intend to withdraw crypto from. Alternatively, you may also scan the QR code.

 

 

3.3 Convert

Crypto exchange is performed according to the required currency, and the price changes according to the real-time price. The button can switch the stablecoin / token exchange mode.

 

You can view specific convert records on the Convert Record.

 

4.How to Trade Crypto Futures Contract on BTCC


 

In this guide, we’re taking a closer look at how to buy and sell crypto futures contract on BTCC.

4.1 Choose the type of crypto futures

Here is a list of the many cryptocurrencies available for trading, as well as their market prices. On this page, you may select your cryptocurrency futures contract and monitor the current market price at any moment. You can go long when the price is high and short when the price is low.To see feed of previously executed trades on the platform, select a crypto contract (For example: BTC Weekly).

 

 

4.2. Choose the type of crypto order

Select the contract trading order type.  BTCC contract orders are divided into market orders, limit orders and stop-loss orders.

  • Market Order: Users place orders at the best price in the current market to achieve fast trading.
  • Limit Order: Limit Order is used to plunge to the top/bottom of the market, which is a user-defined bid/ask price. Once the market reaches the limit price, it can be filled.
  • Stop Loss Order: Stop Loss Order can be interpreted as a “Breakout Order”, which is an advanced limit order where the user can set a custom bid/ask price. After the market reaches the limit price, it will be closed.

The leverage multiplier can be adjusted by yourself, for example, the minimum leverage of BTC contract of the week is 10x, and the high leverage multiplier is 100x.

Trading units can be selected according to the user’s investment situation, the range can be 0.01-30 lots to choose from, with real-time changes in the contract value and reference margin below.

 

4.3. Choose the leverage 

You can manually change your leverage for each position.  Choose leverage amount. Specify the amount of leverage by tapping on and tap the leverage amount.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

 

4.4. Choose the lot size

The contract trading unit at BTCC allow users to choose the number of lots based on their investment situation, and the range can be selected from 0.01 to 200 lots.

 

4.5. Set the stop profit and stop loss price

Market orders, limit orders and stop orders all need to set a take-profit and stop-loss price. The difference is that market orders are executed immediately at the best price, while limit orders and stop orders need to be set for the same day or a week.

 

4.6.Choose price direction:Buy when bullish, Sell when bearish

After setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Note that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform. Click the buy or sell button, and the crypto contract order is completed.

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5.BTCC Pros and Cons


 

Pros:

Here are the main advantages of using the BTCC cryptocurrency exchange:

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

Cons: 

  • BTCC is not limited to some of the other cryptocurrency hubs around the world.

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6.BTCC Bonus and Promotion


 

Please refer to the table below for the amount of bonus earned for each deposit amount.

level Deposit amount (e.g. USDT/USDC) Cumulative Bonus (USDT)
1 100 Ten
2 500 twenty five
3 2,000 50
Four 5,000 100
Five 10,000 200
6 20,000 400
7 50,000 1,000
8 100,000 2,000
9 150,000 2,500
Ten 200,000 3,500

 

If you Invite a friend to BTCC, you will earn 500USDT . You can Get 25% of your friends’ transaction fees as a reward when they trade. The more friends you invite, the more rebates you’ll get! To refer a new person, the individuals can log into the platform and generate a referral code or a hyperlink that the unique individual can use to navigate to the platform and register.

 

BTCC also provides many campaigns and  you can participate to win exciting rewards.

Find out what campaigns are available now: https://www.btcc.com/en-US/promotions

 

7.Is BTCC Safe?


 

We reduces the risk of asset loss for its users and creates a safer trading environment for them through the following security measures.

 

1.Legal and Regulatory Licenses

BTCC has obtained MSB regulatory licenses in the U.S. Canada, Europe respectively.

  • Crypto licence issued by the Financial Crimes Enforcement Network (FinCEN) in the USA (license registration number 31000168143239)
  • Crypto licence issued by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) (license registration number M20713346).
  • Crypto licence issued by the Registrar of Legal Entities of Lithuania (License No. 305950582)

2.Anti-Money Laundering  (AML)

The BTCC has also adopted the Anti-Money Laundering (AML) regulation to prevent money laundering and combat the financing of terrorism.

3.KYC Identity Verification

Avoid financial fraud and identity theft.

4.Cold Wallet

BTCC also uses separate cold pockets to store user assets. Although there is no 100% secure storage method, cold pockets have been recognized as a relatively safe method.

5.2FA Dual Authentication

Login with Google/SMS/Email 2FA dual authentication.

To withdraw from BTCC, you also need 2FA dual authentication to add a withdrawal address.

 

 

8.Conclusion


By adapting to the changing tides of the cryptocurrency market, BTCC has maintained its position as one of the oldest cryptocurrency exchange platforms in the world. Given the company’s track record over the past decade, I would suggest them to anyone who is satisfied with the cryptocurrency and trading pair options they offer and is in a place where they are accessible.

 

BTCC FAQs

1.Is BTCC safe?

Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.

2.Is it possible for me to invest in BTCC?

Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.

3.Can I Trade BTCC in the U.S?

Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies.

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