Your guide to Futures Trading on LZ Futures
Find your preferred pair and scroll down. Click on Deposit if this is your first time trading Futures. You can also choose to transfer more capital into your Futures account, it’s completely up to you.
Enter the amount of USDT you want to transfer to your Futures account. There are a total of 8 cryptocurrencies that can be used for Futures trading, including USDC, BNB, ETH, CAKE, BUSD, USDT, cUSDT and vUSDT.
Select between the Cross Margin Mode and the Isolated Margin Mode. We recommend that you use the Isolated Margin Mode for extremely volatile assets.
Then adjust your leverage level. A 1X leverage means you do not trade on margin, that is, the contract value is restricted by the amount of funds available in your account.
The last step is to confirm the price at which you want to place the order. There are three modes available on LZ Futures:
- Limit Price: Orders will be placed immediately when the market price hits a preset level or better
- Market Price: Orders will be executed immediately at the current market price
- Stop Limit: Orders will be placed immediately when the market price hits an exact preset level
Choose the direction of your order (Long or Short) and click on the corresponding button. You’re all set!