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Futures Trading on Bitlink: A Comprehensive Guide for New and Experienced Traders

Futures Trading on Bitlink: A Comprehensive Guide for New and Experienced Traders

Posted on November 17, 2023

Bitlink Exchange is a Singapore-based exchange licensed in both the USA and Singapore by MAS. Join a diverse global community and witness the power of technology.

Bitlink Exchange Evaluation:

Bitlink is one of the top cryptocurrency exchange service, drawing attention with numerous advantages for novice and experienced investors alike.

Spot and Futures trading

Bitlink provides a variety of trading experience, such as the spot and futures trading. Spot trading allows you to buy and sell at the market’s current price. Futures trading involves investing in future price fluctuations.

Extensive Trading Pairs

Bitlink offers a wide range of trading options including popular crypto currencies like Bitcoin and Ethereum. It allows traders to manage their portfolios easily and capitalize on potential opportunities.

Fast transaction speed

The speed of transactions offered by Bitlink is unparalleled it allows customers to instantly trade as soon the opportunity comes up. This is vital when it comes to the crypto market where speed is crucial.

BTK Token

BTK is a key player in the Bitlink ecosystem. BTK maximizes profit, and also participates in management of the platform.

IDO opportunities IEO Opportunities IEO Opportunities

Bitlink opens up investment opportunities in potential projects by way of Initial DEX Offerings (IDO) as well as Initial Exchange Offerings (IEO) offering an opportunity to work with emerging and promising projects the platform.

Transparency, Trust and Transparency

In order to ensure trust and transparency, Bitlink operates as a centralized exchange, eliminating any risk associated with fraud or absence of transparency when it comes to transactions.

New User Incentives

Bitlink always introduces different rewards for users who are new, like reward programs, gifts and airdrops after registration as well as depositing funds into the accounts of users.

GameFi Financial Services

Bitlink is more than an exchange platform for cryptocurrency. It also combines gaming with Decentralized Financial (DeFi) with the introduction of GameFi products. These BTC trading financial services allow users to take part in new financial services as well as projects.

Bitlink has a broad range of options for investment and trading effectiveness in the digital asset world.

The Guide to Futures Trading using Bitlink

For futures trading using Bitlink you must transfer funds from the spot account into your futures account. Select “Account,” “Spot Account,” “Transfer,” after which select “OK.”

Select the amount that you would like to transfer into the futures account and press “Confirm” to finish the transfer process.

Access the futures contract interface by selecting “USDS-M Futures.” The differences between spot and futures trading is not significant, however it’s recommended to make use of trading view charts. Trading View chart for visual observation and access to various assistance tools.

Pay attention to two crucial factors: leverage and margin. When the order is not a positive and the remaining funds within the bank account are used. If the order goes below the margin “Isolated”, cuts it.

In terms of leverage, you should use it judiciously, with a maximum of x125 on Bitlink. Choose the type of leverage, the trading pair, order type, leverage and finally, select the amount you wish to invest.

Be aware of the appropriate use of leverage to reduce the risk, particularly during highly uncertain market conditions.

Finally, choose either a LONG or a SHORT one according to the strategy you are using to trade.

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