Step 1:Before the transaction, if the contract account funds are insufficient, the funds shall be transferred first. To view the funds, you can click on the bottom navigation bar "Assets" - "Contract" - "CFD" to view the available funds.
after ensuring that the Contract Account has sufficient funds, click "Contract" in the bottom navigation bar to enter into the contract trading interface. Click the list button in the upper left corner to pop up different currency types, and select different currencies for transaction according to your own needs.
Step 2: After selecting the currency according to the situation, you can choose [Buy Long] or [Buy Short] to open the position. The [Buy Long] represents that you predict the price of the currency will rise, and the [Buy Short] represents that you predict the price of the currency will fall. Here is an example of buying long. For example, if you buy 10 USDT with a plan of 15821.77, select "Conditional Order" as the order type, enter 15821.77 for Trigger Price and 10 for Magin, select the leverage multiple you want, click "Confirm", and select Buy Long to submit the order.
After selecting [Buy Long], the system will remind you of the currency type, entrustment type, principal and estimated transaction price. Click [Confirm] to make sure that the order is successfully opened.
Step 3: After placing an order successfully, if the latest transaction price has not reached the trigger price of your order, you can see the order in the "Orders". Orders that have not been completed may be cancelled before the matching is successful.
If the latest transaction price reaches your order price, the entrusted order will be triggered to place the order. You can see the order in progress in "Positions".
1) Conditional Orders: The trigger conditions and the order price and quantity are set in advance. When the latest transaction price reaches the trigger conditions, the system will place an order according to the estimated transaction price and quantity set ahead of time.
2) Market order: An order for immediate transaction at the current market price. You do not need to specify a specific price when you place such an order. Instead, you ask for the best price that can be executed in the market at that time.
3) Leverage Ratio: so far, in Deepcoin CFD tradings, BTC / USDT supports a maximum leverage ratio of 150 times, and other currencies support a maximum leverage ratio of 100 times,
Step 4: You can set the Take-Profit and Stop-Loss Price in the order. Take-Profit refers to the profit closing action after the order held by the trader reaches the expected profit price. Stop-Loss allows you to close positions within a certain range of trading losses. Take-Profit and Stop-Loss help you manage your profits and losses more effectively without having to keep an eye on the chart. Select the [Take-Profit] or [Stop-Loss] switch, you can manually input the take profit price and stop loss price you want, and click [Confirm] to complete the setting.
Step 5: You can close positions manually according to your own needs in the position area. Choose "Close " to end the contract trading. In this way, you can lock in part of the profit while protecting your margin. Manual closing can also reduce unnecessary losses when the market is volatile or unpredictable.