How to do contract trading on OuYi

European contract trading is a leveraged cryptocurrency financial derivative. The trading steps include: creating an account, selecting a leverage ratio, selecting a trading pair, placing an order (opening/closing a position), and managing risks. Ouyi contract trading has the advantages of high leverage, multiple trading pairs, good liquidity, and low fees, but at the same time, the risk is also high, so you need to operate with caution.

European Easy Contract Trading Guide

What is European Easy Contract Trading?

European Contract Trading is a financial derivative that allows traders to trade cryptocurrencies with leverage. Leverage refers to the rate at which funds are borrowed to trade, which can magnify gains but also increase the risk of losses.

How to trade EUIC contracts?

1. Create an account

Visit the OYI official website to create a trading account.

2. Select Leverage

Select the leverage you want to use. Please note that the higher the leverage, the greater the potential gains and losses.

3. Select Trading Pair

Select the cryptocurrency trading pair you want to trade, such as BTC/USDT.

4. Place an order

• Open a position order: Select buy or sell and enter the transaction size (quantity).
• Closing order: Choose the opposite direction to the opening order to close the position.

5. Manage risk

Use stop-loss and stop-profit orders to manage risk. Stop-loss orders automatically close positions when the price reaches a certain level to limit losses, while take-profit orders automatically close positions when the price reaches a certain level to lock in profits.

What are the advantages of OYI contract trading?

• High Leverage: European offers up to 100 times leverage, allowing traders to magnify profits.
• Multiple trading pairs: Euyi supports multiple cryptocurrency trading pairs, providing traders with a wide range of choices.
• Good liquidity: Euyi has a high trading volume, ensuring fast execution of orders and narrow spreads.
• Low Transaction Fees: Oyi charges low transaction fees, making it a cost-effective trading platform.

Notes

• High Risk: Contract trading carries a high level of risk and may result in the loss of all funds.
• Understand Leverage: Properly managing leverage is crucial to avoid significant losses.
• Research Trading Pairs: Before trading any currency pair, please conduct thorough research and understand its risks.
• Place orders with caution: Be sure to consider market conditions and risk tolerance before placing an order.

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