How to make a contract on gate.io

Contract Trading Guide: After opening an account, log in to the platform and make a deposit, select the delivery contract exchange, trading pair and order type, set the leverage multiple, manage risks (stop loss/stop profit), close the position to complete the contract trade.

Steps to make a contract on gate.io

Step one: Open an account

Go to the gate.io official website (www.gate.io) and open an account. You'll need to provide basic information such as name, email, and phone number.

Step 2: Deposit

Log in to your account, click "Assets" > "Deposit". Select the currency you wish to deposit and follow the instructions.

Step 3: Select a contract exchange

On the Gate.io platform, there are two contract exchanges to choose from: delivery contracts and perpetual contracts. For beginners, it is recommended to choose delivery contracts.

Step 4: Select the trading pair

Select the contract trading pair you want to trade. Gate.io offers a variety of trading pairs, including BTC, ETH, EOS, and XRP.

Step 5: Place an order

After selecting a trading pair, you need to enter the trading volume, price and leverage. Leverage is the amount of borrowed funds that magnifies your profits or losses.

Step Six: Manage Risks

Contract trading has high risks, so the risks must be managed well. Set stop loss and take profit points to limit your losses and lock in profits.

Step 7: Close the position

When you want to end the transaction, you need to close the position. This involves closing your position to the market price.

Tips:

• Before trading contracts, understand the associated risks and develop a clear trading strategy.
• Use virtual funds to simulate trading until you are confident in the platform and trading strategy.
• Start with small transactions and gradually increase your trading volume as you gain experience.
• Monitor your positions regularly and stop losses in time to reduce losses.

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