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Understanding Contract Pairs in Future Trading
This user guide explains the concept of contract pairs in future trading. It defines contract pairs as pairs of two currencies, with one serving as the base currency and the other as the quote currency, allowing traders to speculate on their relationship. It also discusses how contract pairs work on the LeveX platform, providing an example of how users can trade contracts based on the BTC/USDT pair and introducing the concept of funding fees to maintain price tethering.
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Understanding Contract Pairs in Future Trading
This user guide explains the concept of contract pairs in future trading. It defines contract pairs as pairs of two currencies, with one serving as the base currency and the other as the quote currency, allowing traders to speculate on their relationship. It also discusses how contract pairs work on the LeveX platform, providing an example of how users can trade contracts based on the BTC/USDT pair and introducing the concept of funding fees to maintain price tethering.
2025-04-14
Understanding Future Trading (Perpetual Contracts) on LeveX
This user guide introduces the concept of derivatives and specifically focuses on Crypto Perpetual Contracts on the LeveX platform. It explains how these contracts work, their purpose, and a simplified trading journey for users, covering opening, reacting to the market, waiting for changes, closing positions, and settlement. The guide emphasizes that trading perpetual contracts involves complex elements like margin and leverage, which users should understand thoroughly to trade effectively.
2025-04-14
How to Open a Future Trading Position on LeveX
This user guide provides a step-by-step process for opening a future trading position on the LeveX platform, including logging in, navigating to the future trading page, selecting a contract pair, choosing an order type (Limit, Market, or Conditional), and monitoring your position. Following these steps will help users execute their first future trade on LeveX smoothly.
2025-04-14
How to Close a Future Trading Position on LeveX
This user guide outlines the step-by-step process for closing an open futures trading position on the LeveX platform. It covers logging in, navigating to the future trading page, locating the Positions tab, selecting the position to close (either by Market or Limit order), and confirming the closure. Following these steps will help users successfully close their future trading positions on LeveX.
2025-04-14
Crypto in a minute
Bitcoin 101: An Introduction to the First Cryptocurrency
The article explores the rise of cryptocurrencies in the digital age and introduces Bitcoin as a decentralized digital currency that operates outside the control of governments and banks. It highlights Bitcoin's role as a revolutionary technology reshaping the financial landscape while emphasizing its potential advantages and challenges, making it a transformative force in the world of finance.
2025-04-22
XRP: A Novice's Guide to the Digital Asset for Payments
XRP is a digital cryptocurrency native to the Ripple network, designed to facilitate fast, efficient, and cost-effective global transactions, particularly in the banking and financial sectors. It stands out for its speed, scalability, energy efficiency, and deflationary mechanism, making it a practical solution for cross-border payments. While it has faced regulatory challenges and centralization concerns, XRP's real-world use cases and strong partnerships position it as a significant player in reshaping the global financial ecosystem.
2025-03-13
Compound (COMP): The Future of Decentralized Finance for Beginners
Compound (COMP) is a decentralized lending and borrowing protocol built on the Ethereum blockchain. It enables users to lend their cryptocurrency assets and earn interest while also allowing them to borrow other cryptocurrencies by using their deposited assets as collateral. Additionally, the native COMP token plays a crucial role in the platform's governance, allowing token holders to propose, vote on, and decide changes to the protocol, making it a significant player in the decentralized finance (DeFi) landscape.
2025-03-13
Litecoin: A Lightweight Crypto Primer for New Investors
Litecoin (LTC) is a decentralized digital currency created in 2011 as an enhancement to Bitcoin, offering faster transaction processing times and a more democratic mining process. It operates on its blockchain using the Scrypt hashing algorithm, aiming to provide a balanced blend of speed, security, and decentralization for peer-to-peer transactions in the cryptocurrency space.
2025-03-13