BitKan Futures Trading Steps
Step 1. Update to the latest BitKan Pro App
Step 2. Transfer funds to the futures account: Select the bottom tab "Trading" → “Futures" to enter the Futures interface.
Before opening Futures, you need to transfer USDT to the "USDT futures account" with the Binance logo, as the margin for opening a position.
*Note: It takes a few minutes to transfer from your BitKan account to your Binance account, and the transfer between your Binance "wallet account" and "USDT futures account" is in real time; if you need, you can transfer USDT to your "wallet account" with the Binance logo in advance, so that you can add positions in time.
Step 3. Open position
(1) Check the basic settings of the futures contract and click "..." in the upper right corner. → Futures Settings → Set position mode (two-way position/one-way position), trading unit and other basic settings. (Note: In case your futures contract has any position or pending orders, you are not allowed to adjust the position mode, so it is recommended to set it in advance)
(2) Create a futures order to select the coin to be traded → select your margin mode (position by position / full position) and leverage multiplier → select buy or sell → select the order mode and price (limit / market price / stop loss) → enter the trade volume → click "open long" or "open short" * Only reduce position: when in one-way position mode, checking only reduce position will ensure that the new order will only reduce the position and will never increase the existing position.
Step 4. To close the position click "Current Position” - "Close Position" (Risk warning: Cryptocurrency is a high volatility investment, please reasonably assess your risk tolerance and make rational decisions.)