How to use contract account on OYEX

European Exchange contract account operation guide is as follows: Open a contract account: Log in to Eureka Exchange, click on the contract, open a contract account, read the rules, and complete the real-name authentication. Deposit contract account: Click on the contract, click on the asset, select the currency, copy the recharge address or scan the QR code to deposit. Start contract trading: select a contract type, open or close a position, set transaction parameters, and confirm order placement. Position management: View positions, close positions, and add margin. Note: Contract trading risks are high. Control the leverage multiple, set take-profit and stop-loss, keep the position healthy, and understand the risks.

European Exchange Contract Account Operation Guide

European Exchange’s contract account is an independent account dedicated to contract trading. Opening a contract account allows users to enjoy a higher leverage trading experience, but it also means higher risks. The following is the operation guide for Eureka Exchange’s contract account:

Open a contract account

1. Log in to Eureka Exchange’s official website or APP.
2. Find the "Contract" option in the navigation bar and click on it.
3. In the contract page, click "Open Contract Account".
4. Read the "Contract Trading Rules" and check the box to agree.
5. Complete the identity authentication and risk assessment according to the prompts.
6. Fill in the contract account information and submit.

Deposit into contract account

After opening a contract account, you need to transfer funds to the contract account before you can trade.

1. In the "Contracts" page, click the "Assets" tab.
2. Select the currency you want to deposit and click "Deposit".
3. Copy the recharge address or scan the QR code.
4. Transfer funds from other platforms or your own wallet.

Start contract trading

1. In the "Contract" page, select the contract type you want to trade.
2. Select "Open" or "Close" and set trading parameters.
3. Enter the transaction amount and leverage multiple.
4. Click "Confirm Order" to complete the transaction.

Position Management

In contract trading, position management is very important. Users can view and manage their positions in the "Positions" tab on the "Contracts" page.

1. View positions: You can see the variety, quantity, profit and loss and other information of the current position.
2. Close a position: You can partially or completely close a position to release the funds locked in the position.
3. Margin call: When a position suffers a loss, a margin call is required to avoid liquidation.

Notes

Contract transactions are risky, so users are advised to operate with caution. The following precautions need to be kept in mind:

1. Control the leverage multiple and avoid excessive leverage.
2. Set stop-profit and stop-loss orders to control risks.
3. Keep your positions healthy and add margin in a timely manner.
4. Understand the risks and rules of contract trading.

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