KuCoin Futures price Prediction – Tips and trade opening – Review and Chart 2022
KuCoin Futures Price Prediction 2024
KuCoin Futures It is among the crypto coins traded on stock exchanges. KuCoin Futures comments and analysis, which are carefully followed by stock market investors, attract great attention. You can follow us and benefit from the information here.
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[vc_row][vc_column][vc_message message_box_color=”white” icon_fontawesome=”moroccan fa-audio-description”]KuCoin In addition to spot trading on KuCoin , known as the “People’s Exchange”, there is also a futures opportunity to increase earnings potential. exists. Futures transactions offered under the name KuCoin Futures on the platform with more than 10 million users have features that will appeal to all segments from beginners to professional users.
KuCoin Futures?
KuCoin Futures is a product developed by the KuCoin team. It is a financial derivatives trading platform. Futures or futures transactions are also known as contract trading. While trading in futures, you can increase your earnings by using leverage, you can take a long or short position and you can make a profit regardless of the direction of the market. A trader can open a long position with a futures contract if he anticipates an increase in value, or short the contract if he expects a decrease.
KuCoin Futures uses an intelligent algorithm for index calculation and supports 14 different languages.
A futures contract is an agreement to buy or sell a particular good or asset at a predetermined price at a specified time in the future. A perpetual contract, on the other hand, has no expiration date and can be used for perpetual trading. In summary, perpetual contracts are becoming more and more popular among investors.
USDT-Margin and Coin -Margin
USDT-Margined Contracts are contracts that can be opened using USDT and settled in USDT. Underlying prices rise and fall linearly with income.
Coin -Margined Contract, on the other hand, are contracts that can be opened by using cryptocurrencies such as BTC and ETH for transactions and the settlement is made on that crypto currency. For example, in a BTC-margined contract, you need to use BitCoin as the underlying asset. The same is true for Ethereum if you want to trade Ethereum contracts.
Lite version and Futures Brawl
KuCoin also features KuCoin Futures Brawl, a fun product created to help beginners get to know futures. Besides, it offers a Lite version with a simple and easy-to-use interface.
The advantages of KuCoin Futures
Ease of use
KuCoin Futures offers both Professional and It also offers Lite version.
In addition, Futures Brawl makes futures trading easier and more enjoyable.
Increase your profit with less funds
It is possible to increase your profit with less funds with high leverage ratio. With just $1 you can start trading BTC futures.
Advanced tools for all classes of investors
More than 100 different Coin s/tokens, as well as for all traders from beginner to professional.
Robust and secure system
KuCoin is an advanced smart index consisting of the spot price of 6 popular exchanges to prevent an unusual liquidation in futures.
Tips to increase profits in futures trading
In futures, leverage not only increases the profit potential, but also increases the risk, especially in times of great volatility. Therefore, opening a trade with the entire balance may result in the loss of all. High leverage ratios are never the right choice for beginners. It is recommended that all users first start with a leverage ratio as low as 3x.Some may not even know what it is. Stop Loss not only prevents your position from being liquidated, it is also useful for managing your position. KuCoin Futures has launched Futures Brawl, which is more like a game, for beginners to gain experience in futures contracts. Traders can compete globally with other users by taking long or short positions to experience trading futures and making profits.
How to trade futures on KuCoin ? Step-by-step guide
Activating futures
Step 1: Log into your KuCoin account. Find Derivatives in the top menu and click Futures Classic to enter the futures section. Step 2: Click the Enable Futures Trading button.
Transfer your assets to your Futures account
1.You will be redirected to the Futures Assets page. Step 2: Funds can be deposited on KuCoin Futures in two ways. First method, if you have USDT or BTC on another platform, you can click Invest and deposit USDT or BTC to your address. Pay attention to the network selection for USDT deposits. In the second method, if you have USDT or BTC on KuCoin , you can click Transfer and transfer them to your KuCoin Futures account.
How to trade
Step 1: Log in to KuCoin Futures, Trade and search for the futures product. Step 2: To place orders on KuCoin Futures, please select the order type and leverage, then enter the order amount.In KuCoin Classic Futures, you can enter the order price and quantity, then click Buy/Long or Sell/Short to place a limit order. <Market order: A type of order placed to buy or sell the product at the best possible price in the current market. In KuCoin Classic Futures
, you can enter the order amount, click Buy/Long or Sell/Short to place a market order.
< strong>Stop order: Triggered when the market price reaches the predetermined stop price. To place a stop order in KuCoin Classic Futures, you can select the trigger type and set the stop price, order price and order quantity.
Step 3: Select the leverage ratio. Leverage serves to increase your earnings. The higher the leverage, the higher the potential gains and losses you will have. So be cautious when choosing. 4.Advanced settings are only available for limit or stop orders.
Step 5: Buy/Long & Sell/Short
If you have entered your order information in KuCoin Futures, you can click Buy/Long to open a long position or Sell/Short to open a short position.
In a long position, you will make a profit if the futures price goes up. In a short position, if the futures price decreases, you will make a profit.
How to check your positions?
If you have successfully placed an order on KuCoin Futures, you can check your open and stop orders in the position list. You can cancel or cancel it.
If your order has been fulfilled, you can see your position details in the Positions section.
Quantity: Futures in an order number of trading contracts
Entry price: Average entry price of your current position
Liquidation price: If the price of futures is below the liquidation price, your position are liquidated.
Unrealized PNL: Variable profit and loss of current positions status.
Percent; It shows the ratio of profit and loss according to the order amount.
Realized PNL: Realized PNL is the difference between the entry and exit price of a position. Transaction and funding fees are also included in the realized PNL.
Margin: The minimum amount of funds you must hold to hold a position open. When the margin balance drops to negative, your position will be liquidated.
Auto-Deposit Margin: When the Auto-Deposit Margin mode is enabled, funds in the current balance are added to open positions to prevent the position from being liquidated.
Take Profit/Take Loss: Enabling the take profit or stop loss settings allows the system to automatically apply take profit or stop loss transactions to your positions in order to prevent losses caused by price fluctuations. Recommended.
How do you close your positions?
Click Positions. There are two options for closing your positions: Close with Market Order and Close with Limit Order.
1.Your positions are closed at the current market price. < strong>2. Close with Limit Order: Enter the price and size of the position you plan to close. Click Confirm to close your positions.
About KuCoin
Started in September 2017, KuCoin is a global cryptocurrency exchange for over 600 digital assets. It currently offers spot trading, margin trading, P2P fiat trading, futures trading, staking and lending services to more than 10 million users in 207 countries and territories worldwide. KuCoin received a $20 million investment in round A from IDG Capital and Matrix Partners in 2018. According to Coin MarketCap, KuCoin is currently ranked as one of the top 5 cryptocurrency exchanges and is generally ranked in the top 3 among these 5 exchanges based on daily volume. Also, KuCoin has been selected by Forbes as one of the best cryptocurrency exchanges of 2021
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