Leveraged trading is to amplify the principal several times and make a larger investment with a small capital to achieve a small gain and a double return. It can be seen that the first step of leveraged trading is to borrow currency. After the borrowing is completed, it enters the investment transaction link, that is, to go long or short, and finally to repay the borrowing interest. Please complete the deposit transfer before borrowing coins. For details, please refer to Margin Transfer
1. The bearish operation process:
Explanation: If you think that the market will fall in the future, you should first borrow BTC and sell, and then wait for BTC to fall before buying the coins that BTC has also borrowed. The return will double. The operation is as follows:
Note: Each currency has a maximum and minimum amount of coins that can be borrowed. When the principal amount of the borrowed currency does not reach the minimum amount that can be borrowed, the available funds will be displayed as 0. At this time, please transfer enough principal to the margin account. The maximum and minimum borrowing limits of BigONE are as follows (the specific limits may be adjusted, please refer to the latest notice):
1.1. Open the BigONE official website: https://bigone.com and select leverage trading; select trading pairs, here we take BTC/USDT as an example.
1.2. Click to "Borrow Currency". Note: The maximum leverage of BigONE leveraged trading is 10 times.
1.3. Choose to borrow currency, short BTC, enter the quantity, and confirm the borrowing
1.4. Successfully borrowed coins, set the price, sell quantity, and click to sell BTC
1.5. When the selling is successful, buy BTC at a low price: set the price and quantity, and click to buy BTC.
1.6. Successfully bought BTC, return the debit interest operation: click "Repay Coin"
1.7. Select repay currency, BTC, enter the quantity, and confirm the repay.
2. More operation process:
Explanation: If you think that the market will rise in the future, you first borrow USDT to buy more BTC and then wait for BTC to rise before selling it back to USDT, and the income will double. The operation is as follows: still taking BTC/USDT as an example, the first two steps of the operation can refer to the above bearish procedure.
2.1. Choose to borrow currency, USDT to go long, enter the quantity, and confirm the borrowed currency.
2.2. If the borrowing is successful, set the price, enter the quantity, and click to buy BTC.
2.3. After the purchase is successful, sell BTC at a high price: set the price and quantity, and click to sell BTC.
2.4. Successfully sold BTC, return the loan interest operation: click on "Repay Coin"
2.5. Choose to repay currency, USDT, enter the quantity, and confirm the repay currency.