What is and How to Perform Coin-M Futures Trading?

[Estimated Reading Time: 4 mins]

This article explains Coin-M Futures Trading, a type of cryptocurrency futures trading on Bitget where settlements are made in the base cryptocurrency (e.g., BTC or ETH). The guide includes instructions for both the Bitget Mobile App and the Bitget Website to help you get started.

What is Coin-M Futures Trading?

Coin-M Futures Trading involves trading cryptocurrency futures contracts that are margined and settled in the underlying cryptocurrency of the trading pair. This model offers a unique trading mechanism ideal for traders who want to directly use and gain cryptocurrency rather than stablecoins. Unlike USDT-M or USDC-M futures, which use stablecoins like USDT or USDC as the base currency for margin and settlement, Coin-M futures rely directly on cryptocurrency being traded.

Key Features of Coin-M Futures

• Crypto-Based Settlements: Margin and settlements are conducted in the base cryptocurrency (e.g., BTC, ETH).

• Perpetual Contracts: Trade perpetual contracts with no expiry date.

• Leverage Options: Provides flexible leverage for amplifying positions.

• Hedging Opportunities: Allows users to hedge cryptocurrency positions while holding the base asset.

How to start Coin-M Futures Trading on Bitget Website?

Step 1: Navigate to Coin-M Futures

1. Click on Futures in the top menu.

2. Select Coin-M Futures from the dropdown menu.

Step 2: Choose a Trading Pair

1. In the Coin-M Futures section, search for your desired trading pair (e.g., BTCUSD, ETHUSD).

Step 3: Configure Trade Settings and Place Your Order

1. Select the Margin Mode:

• Cross Margin: Uses your entire account balance as collateral for all positions.

• Isolated Margin: Limits collateral to the specific position you open.c

2. Click on Leverage and adjust the Multiplier for your trade.

3. Choose the Order Type

4. Enter the order details and select Open Long or Open Short based on your market expectations.

5. Confirm the order.

Step 4: Monitor and Manage Your Position

1. Navigate to the Positions tab in the trading interface to view open trades.

2. Use the Close button to exit your trade.

How to Start Coin-M Futures Trading on Bitget Mobile App?

Step 1: Navigate to the Coin-M Futures

1. Tap Futures on the bottom menu bar.

2. Select Coin-M to access the trading interface.

Step 2: Choose a Trading Pair

1. In the Coin-M Futures trading interface, search for and select your preferred trading pair (e.g., BTCUSD, ETHUSD).

Step 3: Configure Trade Settings and Place Your Order

1. Choose the Margin Mode:

• Cross Margin: Uses your entire account balance as collateral for all positions.

• Isolated Margin: Limits collateral to the specific position you open.

2. Tap on Leverage to adjust the Multiplier for your trade.

3. Choose the Order Type

4. 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).

5. Confirm the order.

Step 4: Monitor and Manage Your Position

1. Go to the Positions tab to track open trades.

2. Use the Close Position button to exit a trade when desired.

Important Tips for Coin-M Futures Trading

• 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.

• Stay informed: Regularly check market trends and price movements to adjust your strategy.

FAQs

1. What is the minimum amount required for Coin-M futures trading?
   The minimum amount depends on the trading pair and margin requirements. Check the trading interface for specific details.

2. How does margin work in Coin-M futures?
   Margin is collateral deposited in the base cryptocurrency (e.g., BTC, ETH) to maintain your positions. You can choose between Cross Margin and Isolated Margin modes.

3. What happens if my margin ratio falls too low?
   If your margin ratio drops below the maintenance level, your position will be liquidated.

4. Can I trade Coin-M futures on both the app and website?
   Yes, Coin-M futures trading is supported on both the Bitget app and website, with similar features.

5. 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 Bitget 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. Bitget is not responsible for any trading decisions made by users.