This article explains
USDT-M Futures Trading, a type of cryptocurrency futures trading on
CoinCatch where settlements are made in
USDT. The guide includes instructions for both the
CoinCatch Mobile App and the
CoinCatch Website to help you get started.
What is USDT-M Futures Trading?
USDT-Margined (USDT-M) Futures Trading is a type of cryptocurrency futures trading where
USDT (Tether, a stablecoin pegged to the US Dollar) is used as the settlement and margin currency. This trading mechanism allows users to speculate on the price movement of various cryptocurrencies through
perpetual or
quarterly futures contracts, without the need to hold the underlying cryptocurrency.
Key Features of USDT-M Futures
-
Simplified Accounting: All profit, loss, and margin calculations are done in
USDT, a stablecoin pegged to the US Dollar.
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Perpetual Contracts: Trade perpetual contracts with no expiry date.
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Leverage Options: Offers flexible leverage, enabling traders to amplify positions.
-
Hedging Capabilities: Hedge positions without needing to convert to other cryptocurrencies.
How to Start USDT-M futures Trading on CoinCatch Website?
Step 1: Navigate to the USDT-M Futures
-
Click on Derivatives in the top menu.
-
Select
USDT-M Futures from the dropdown.
Step 2: Choose a Trading Pair
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In the
USDT-M Futures section, search for your desired trading pair (e.g., BTCUSDT, ETHUSDT).
Step 3: Configure Trade Settings and Place Your Order
-
Select the
Margin Mode:
-
Click
Leverage and adjust the
Multiplier for your trade.
-
Choose
Order Type
-
Enter the order details and select
Open long or
Open short based on your market expectations.
-
Confirm the order.
Step 4: Monitor and Manage your Position
-
Navigate to the
Positions tab in the trading interface to view open trades.
-
Use the
Close button to exit your trade.
How to Start USDT-M Futures Trading on CoinCatch Mobile App?
Step 1: Navigate to the USDT-M Futures
-
Tap
Futures on the bottom menu bar.
-
Select
USDT-M to access the trading interface.
Step 2: Choose a Trading Pair
-
In the
USDT-M Futures trading interface, search for and select your preferred trading pair (e.g., BTCUSDT, ETHUSDT).
Step 3: Configure Trade Settings and Place Your Order
-
Select the
Margin Mode:
-
Tap on
Leverage to adjust the
Multiplier for your trade.
-
Choose the
Order Type
-
Enter the order details and tap
Open long (if you expect the price to rise) or
Open short (if you expect the price to fall).
-
Confirm the order.
Step 4: Monitor and Manage Your Position
-
Go to the
Positions tab to track open trades.
-
Use
Close Position to exit a trade when desired.
Important Tips for USDT-M Futures Trading
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Understand leverage risks: Higher leverage magnifies both profits and losses. Trade responsibly.
-
Use TP/SL features: Set
Take-Profit and
Stop-Loss levels when placing your orders to automate exits based on predefined profit and loss thresholds.
-
Monitor liquidation risks: Maintain a healthy margin ratio to avoid forced liquidation.
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Stay informed: Regularly check market trends and price movements to adjust your strategy.
FAQs
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What is the minimum amount required for USDT-M futures trading? The minimum amount depends on the trading pair and margin requirements. Check the trading interface for specific details.
-
How does margin work in USDT-M futures? Margin is collateral deposited in
USDT to maintain your positions. You can choose between
cross margin and
isolated margin modes.
-
What happens if my margin ratio falls too low? If your margin ratio drops below the maintenance level, your position will be liquidated.
-
Can I trade USDT-M futures on both the app and website? Yes, USDT-M futures trading is supported on both the CoinCatch app and website, with similar features.
-
Can I change leverage after opening a position? Yes, you can adjust leverage for open positions, but the changes affect risk and margin requirements.
Disclaimer and Risk Warning
All trading tutorials provided by CoinCatch are for educational purposes only and should not be considered financial advice. The strategies and examples shared are for illustrative purposes and may not reflect actual market conditions. Cryptocurrency trading involves significant risks, including the potential loss of your funds. Past performance does not guarantee future results. Always conduct thorough research, understand the risks involved. CoinCatch is not responsible for any trading decisions made by users.
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CoinCatch Team