Here’s a detailed guide to help you start your first USDT Perpetual Contract trade. Before trading USDT contracts, please ensure that you have transferred USDT to your USDT account.
Step 1: Please head over to the MoonXBT homepage. Click on Contract in the navigation bar, and select the contract type to enter the USDT Perpetual Trading page.
Step 2: Move to the Order zone on the right side of the trading page.
Step 3: MoonXBT offers six order types: Limit Prices, Market, Limit Stop, Market stop, Trailing Stop, Take Profit Limit, and Take Profit Market.
Using the BTC/USDT perpetual limit order as an example, please follow the steps below to place your order.
1. Select order type: Limit Prices, Market, Limit Stop, Market stop, Trailing Stop, Take Profit Limit, Take Profit Market.
2. Enter the order price.
3. Enter the quantity.
4. Set your desired leverage.
Note that Cross Margin is the default for all positions.
5. Choose GTC, IOC, or FOK.
In addition, you can set additional functions according to your investment preferences, such as Post-Only.
6. Click Buy/Long or Sell/Short.
Note: MoonXBT only supports one-way mode in USDT Perpetual Contract trading. Traders can hold either a long or short position in a contract.
Step 4: Next, a confirmation window will appear. After checking the order information, click Confirm.
You successfully submitted your order!
Next, you can view the order details in the position tab, including Amount, Entry Price, Mark Price, Margin, Unrealized P&L, and Realized P&L.
To check your historical order details, please click on Order History. You can explore the Open Orders and Stop Orders tab for more information.