A Beginner's Guide to USDT Futures Trading on Bitrue with High Leverage

To trade USDT-margined futures on Bitrue, users can leverage up to 125x on popular contracts like BTC, ETH, and XRP. This guide covers essentials—from setting up your account and moving funds to placing orders and managing risk.

Account Setup and KYC Verification for High Leverage

Before you can start trading futures on Bitrue, a few essential steps are required:

1. Create an Account and Complete KYC: If you’re new to Bitrue, sign up and complete the KYC process to unlock full leverage options. KYC is essential to access leverage above 20x, providing added account security and enabling trades with up to 125x leverage.
2. Deposit and Transfer Funds: Deposit funds into your Bitrue account and transfer them to your USDT futures wallet. This ensures your funds are ready for margin trading, as different margins apply based on the contract and leverage chosen.
3. Enable Futures Trading: Once KYC is verified, enable futures trading in your account settings to access Bitrue’s futures platform, which supports a variety of high-demand contracts.

Key Trading Features and Layout on Bitrue

Bitrue’s futures trading interface is structured to provide a smooth experience for all traders. Here’s what you need to know about each section:

• Market and Charts: Bitrue’s trading interface includes a real-time candlestick chart, market depth, and price history, giving you an overview of the current market conditions for your chosen contract.
• Orderbook and Market Trades: This section shows the latest trades and depth of buy and sell orders, allowing you to gauge market interest and timing for your trades.
• Order Placement: Choose from cross or isolated margin modes, select your leverage (up to 125x for verified accounts), and pick an order type—limit, market, or stop. Fill in the order details, including price, amount, and leverage, to open a long or short position.
• Assets and Positions: Track your balance, view open positions, and monitor your margin ratio here. It’s crucial to keep an eye on your margin ratio, especially with high leverage, as it affects your risk of liquidation.

Order Types, Leverage, and Managing Positions

Bitrue offers three main order types, each serving a specific purpose in futures trading:

• Limit Order: Set your desired entry price for buying or selling. The trade executes only when the market reaches this price, giving you control over your entry.
• Market Order: Immediately enter or exit a position at the best available price, ideal for fast execution in fluctuating markets.
• Stop Order: A conditional order to automatically buy or sell when a trigger price is reached. Choose the type (limit or market) and set your stop price, which can help limit losses or lock in gains.

When placing orders, remember that leverage amplifies both profits and risks. Higher leverage, up to Bitrue’s max of 125x, increases your potential earnings but also makes liquidation more likely. 

Always review your entry price, liquidation price, and margin requirements before finalizing any position.

Monitoring and Closing Positions for Optimal Risk Management

Once your order is active, Bitrue’s platform offers essential metrics to track and manage your trade effectively:

1. Position Value and Entry Price: These metrics display the value of your contract and the average price of your position. Entry price updates with new additions to the position, reflecting the weighted average of all transactions.
2. Liquidation Price: This price indicates when your position could automatically close if the market moves against you. To reduce liquidation risk, monitor your margin balance and consider enabling Auto-Deposit Margin in isolated mode, which adds funds from your futures wallet to prevent liquidation.
3. Profit and Loss (P&L): Bitrue shows both unrealized (projected) and realized (confirmed) P&L, letting you assess your trade’s performance. The percentage next to unrealized P&L shows the profit or loss relative to your position size.

To exit a position, choose between closing with a market order for immediate exit or a limit order to close at a specified price. Setting Take Profit and Stop Loss orders also helps lock in gains or mitigate losses as they automatically execute at pre-set prices.

Conclusion

Trading USDT futures on Bitrue offers traders the chance to amplify profits with up to 125x leverage, particularly with popular pairs like BTC/USDT, ETH/USDT, and XRP/USDT. 

However, while high leverage provides opportunities, it requires careful margin management and risk awareness. 

Ensure you complete KYC, transfer funds to your USDT futures wallet, and utilize Bitrue’s trading features to maintain control over your positions.

Read more:

Trade Ethereum (ETH) Futures

Trade Bitcoin (BTC) Futures

Trade Bitcoin (BTC) Futures

Trade XRP Futures

Frequently Asked Questions

1. How do I enable high leverage on Bitrue’s futures platform?
Complete KYC verification to unlock leverage up to 125x, allowing greater flexibility in trading USDT-margined futures.

2. Do I need a separate wallet for USDT futures?
Yes, deposit funds into your main wallet, then transfer them to the USDT futures wallet on Bitrue to trade.

3. What’s the best way to avoid liquidation on Bitrue?
Monitor your margin ratio, use isolated margin mode, and enable Auto-Deposit Margin to add funds when your position approaches liquidation.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

Bitrue Official Website:

Website: https://www.bitrue.com/

Sign Up: https://www.bitrue.com/user/register

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.