What is Crypto Contract Trading of Dsdaq? How does it work? Table of Contents
What is Crypto Contract Trading?
The crypto contract is a derivative product that is settled in USDT or digital tokens such as Bitcoins (BTC).
Traders enter a long position (profit from the uptrend) or short (profit from the downtrend).
Available leverage ranges from 1 to 100x (see contract specifications for more information).
Perpetual Contracts do not have a delivery date and never expire.
Unlike spot trading, which is direction-based, crypto contract trading allows you to trade both long and short positions.
If you think the market will be bearish at any given time in the future, you can sell the crypto short and make a profit when the price drops.
Crypto contract trading also has better leverage than spot trading.
Dsdaq allows you to trade up to 100 times your investment in cash.
Start Crypto Contract Trading on Dsdaq
Why Crypto Contract Trading?
- High earning potential
- Traders choose Crypto Contract Trading due to higher volatility and amplified potential earnings.
- Lower rate
- Crypto Contract Trading generally has lower fees compared to spot trading.
- Flexible Leverage
- Dsdaq offers various leverages for users to choose from, from 2 to 100 times the leverage.
- Two-way trading
- You can open both long and short positions and make money even when prices are falling.
Crypto Contract Trading is especially suited for
Professional Trader because of the Long/short and 2-100X leverage gives you more flexibility.
Risk lovers because they can use leverage to increase their profit.
How to start Crypto Contract Trading?
At Dsdaq, they support 12 crypto contract trading pairs.
- Set up your Dsdaq account
Register your Dsdaq account with your email. - Deposit in your wallet
You will have your own built-in wallet after installing the Dsdaq application. Deposit crypto into your Dsdaq wallet. - Transfer crypto to your account and start trading
Transfer cryptocurrencies from your wallet to the crypto contract account and then you can trade (long / short) any of the cryptocurrencies against USDT, BTC, depending on the signals you see or the strategies you adopt.
What markets can you trade on Dsdaq?
Dsdaq offers 6 USDT Perpetual Contract Trading Pairs and 6 Perpetual Contract Trading Pairs currencies
- BCH-SWAP-USDT
- BCH-SWAP
- BTC-SWAP-USDT
- BTC-SWAP
- EOS-SWAP-USDT
- EOS-SWAP
- ETH-SWAP-USDT
- ETH-SWAP
- LTC-SWAP-USDT
- LTC-SWAP
- XRP-SWAP-USDT
- XRP-SWAP
Please click "Introduction of Dsdaq", if you want to know the details and the company information of Dsdaq.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...