How to Trade Dogecoin (DOGE) Futures on BTCC
When it comes to buying and selling bitcoin futures, one of the best places to go is the BTCC cryptocurrency exchange. BTCC has founded since June of 2011 and provides traders with a variety of options for trading cryptocurrency derivatives and futures contracts.
In this article,we’re taking a closer look at how to trade Dogecoin (DOGE) on BTCC.
1. 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.
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2. How to Trade Dogecoin (DOGE) Futures Contract on BTCC
In this guide, we’re taking a closer look at how to buy and sell Dogecoin (DOGE) futures contract on BTCC.
2.1 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 DOGEUSDT contract
2.2. 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.
2.3. 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.
2.4. 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.
2.5. 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.
2.6.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.
Trade on BTCC with 10 FREE USDT.
Sign up today to redeem your bonus.
Why Trade Crypto Futures on BTCC
To trade Crypto futures, you can choose BTCC crypto exchange.BTCC, a cryptocurrency exchange , was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. Over 11 years of providing crypto futures trading services. 0 security incidents. Market-leading liquidity.
Traders may opt to trade on BTCC for a variety of reasons:
- Security：safe and secure operating history of 11 years. Safeguarding users’ assets with multi-risk management through the ups and downs of many market cycles
- Top Liquidity：With BTCC’s market-leading liquidity, users can place orders of any amount—whAVAXer it’s as small as 0.01 BTC or as large as 50 BTC—instantly on our platform.
- Innovative：Trade a wide variety of derivative products including perpetual futures and tokenized USDT-margined stocks and commodities futures, which are innovative products invented by BTCC.
- Flexible：Select your desired leverage from 1x to 150x. Go long or short on your favourite products with the leverage you want.
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BTCC Bonus
BTCC bonuses apply to different categories of users. Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.
- Bonus On First Deposit And Trade
You will get a bonus worth 10 USDT when you deposit 200 USDT and above within 7 days of opening an account. The reward includes a 5 trading fund and a 5 USDT coupon.
If the deposit is 500 USDT and above, you will get a 20-trading fund. Furthermore, if you make a cumulative deposit of 2000 USDT within 30 days of opening an account, you will get a 30 USDT trading fund. Trading within 7 days of signing up will also earn you a 20 USDT coupon.
- BTCC Futures Trading Bonus
You can earn bonuses from trading futures on BTCC within a stipulated time.
- A cumulative future trade of 200,000 USDT and above will earn you a 10 USDT trading fund and a 200 USDT coupon.
- A cumulative future trade of 500,000 USDT and above will earn you a 20 USDT trading fund and a 300 USDT coupon.
- A cumulative future trade of 1 million and above will earn you a 50 USDT trading fund and a 500 USDT coupon.
- A cumulative future trade of 5 million USDT and above will earn you a 125 USDT trading fund and a 1000 USDT coupon.
- A cumulative future trade of 10 million USDT and above will earn you a 250 USDT trading fund and a 2000 USDT coupon.
- A cumulative future trade of 20 million USDT and above will earn you a 500 USDT trading fund and a 5000 USDT coupon.
- Other Bonus
Invite a friend to BTCC to get a 25% rebate on their trading fees. You can get up to 530 USDT in rewards per referral.
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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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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