Dear Users,
To help you understand the basic steps for trading SUNX perpetual contracts, we provide the following guide. Page layouts and available features are subject to what is displayed on the platform.
I. Access the Contract Trading Page
Log in to your SUNX account, open the perpetual contract trading page, and select the contract trading pair you wish to trade.
Before trading, review the trading rules, trading fees, and funding fee information for the relevant contract to understand its mechanisms.
II. Prepare Trading Funds
Check the available balance in your contract trading account. If a transfer is needed, use the platform’s fund transfer function to transfer the relevant assets to your contract trading account.
Allocate your trading funds appropriately and maintain a reserve balance for fee deductions and risk management.
Select the margin mode and leverage from the options available on the trading page, then confirm your settings.
Different margin modes have different scopes of fund usage and risk allocation. Leverage magnifies both profits and losses. Please fully understand the relevant rules before making your selection.
IV. Select the Order Type and Direction
Choose an order type supported by the page according to your trading plan. Common order types include:
- Limit Order: Set the order price and quantity. The order can only execute at the limit price or a better price, but it may not execute immediately and may only be partially filled.
- Market Order: Enter the trading quantity, and the order will be matched against available market quotes. The actual execution price may differ from the price shown when you submit the order.
If a limit order immediately executes against existing orders in the order book, it may also be classified as Taker. The trading fee classification depends on the actual execution method.
Choose the opening direction based on your market assessment:
- Open Long (Buy): Select this when you expect the price to rise. Rising prices may generate profits, while falling prices may result in losses.
- Open Short (Sell): Select this when you expect the price to fall. Falling prices may generate profits, while rising prices may result in losses.
Before submitting your order, verify the trading pair, direction, order price, quantity, leverage, estimated margin, and other relevant information.
Risk Warning
Perpetual contracts are high-risk trading products. Please manage your leverage and position size appropriately, establish take-profit and stop-loss plans in advance, and continuously monitor your account margin and risk indicators.
Having no fixed expiration date does not mean that positions can be held safely indefinitely. If an account or position fails to meet the relevant margin requirements, liquidation may be triggered and result in substantial losses.
This guide is intended only to explain the operating procedures and does not constitute investment advice. Specific features, trading parameters, and execution rules are subject to SUNX’s actual trading pages and official rules.
SUNX Global Operations Team
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