Crypto leverage trading in general and bitcoin cryptocurrency derivatives margin trading platform in specific are great options for those who desire to have built-in leverage and subsequently make use of the small capitals to make large trade transactions effectively on the online platform of BTCC.
Easy seven vital steps to complete buying and selling crypto leverage trading at BTCC
In the first step, a user who wishes to carry out a total buying and selling crypto leverage trading at BTCC has to open the margin trading interface of BTCC wherein a user has to go to its official website viz. https://www.btcc.com/ and click margin trading on its main menu.
However, for this, a user has to open an account with BTCC. He or she has to quickly register a free account and top up his or her initial amount. A user can deposit at least two USDT for an attempt at crypto leverage trading. If the deposit amount is over 500 USDT, then he or she is assured to gain a bonus of as high as 2000 USDT.
In the second step, he or she has to choose the type of crypto margin viz. the weekly or perpetual contracts. In the third step, a user has to select the order type of the crypto leverage trading at BTCC. This is effectively divided into three sections; market orders, limit orders, and stop-loss orders.
In the fourth step of crypto leverage trading on BTCC, a user has an elite option to choose his or her desired leverage level. This leverage level varies from 10x and 20x to 50x and 100x leverages. In the fifth step, a user can as well select the desired lots according to the investment situation of his or her, and the range can be selected from 1 to 150 lots.
On BTCC, in the next step of crypto leverage trading, a user has to set not only the take profit but also the stop-loss price. This also relates to the fact that the market, limit, and stop orders are to be effectively set. The difference in the market orders is executed quickly at the best current prices, whereas limit and stop orders are required to be set for the same day or a week.
In the last step of crypto leverage trading on BTCC, a user has to select the price direction. This signifies buying when bullish and selling when bearish. After setting the preliminary data information, a user can choose to either buy or sell after entering his or her ideal price. However, the price cannot be more or lesser than the highest buying or lowest selling price of the BTCC platform.
By clicking on the buy or sell button, the cryptocurrency leverage trading is successfully completed which will be displayed at the bottom of the position page and if there is nil crypto leverage trading then, it will be displayed at the bottom of the pending order page. For more information on leverage trading of crypto, a user can contact the online customer service of BTCC anytime, anywhere.