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1. Click on the navigation bar to enter the futures trading tab and select the trading pair.

2. Click on the K-line icon on the upper right corner to view the K-line chart. Click on the right side of the K-line icon to view the futures info, use the calculator, and other functions.

3. Trade

（1）MEXC perpetual contract consists of USDT-M contracts and COIN-M contracts. USDT-M contracts use USDT as margin, while COIN-M contracts use the corresponding crypto as margin. Users can choose different trading pairs to trade according to their needs.

（2）If there are not enough funds available, users can transfer funds from their spot account to their futures account. If there are no funds in the spot account, users have to top up or trade in fiat.

（3）To submit an order, fill in the order information in the order section (including selecting the order type, price, and quantity) and then submit the order.

4. Leverage

MEXC perpetual contracts support up to 200x leverage, and the maximum leverage varies by product. Leverage is determined by the initial margin and maintenance margin levels. They determine the minimum amount of capital you need to open and maintain a position.

* The current two-way mode allows users to use different leverage multiples for long and short positions, and also supports margin mode switching. This means users can switch between cross margin and isolated margin mode.

[How to change multiplier]

For instance, the multiplier for the long position is 3X and 20X for the short position. In order to reduce the risk hedging, it is recommended that users change the long position from 3X to 20X.

Click the [Long 3X] button, and then manually adjust the multiplier. Here, we adjust it to 20X,. Click [Confirm].

The leverage multiplier of the long position has changed to 20X.

 

 

5. Cross Margin Mode

Cross margin refers to the use of all available balance in the account as margin to avoid liquidation. In this margin mode, liquidation will be triggered when the equity is insufficient to meet the maintenance margin requirement. If a cross margin position is liquidated, the user will lose all assets in the account except for the margin of the isolated margin positions.

 

6. Isolated Margin Mode

The maximum loss of isolated position is limited to the initial margin of the position and the increased margin used by the position. If a position gets liquidated, the user will only lose the isolated position margin for each position, and the available balance of the account will not be added. By isolating the margin used for a position, you can limit losses on that position, thus helping you if your short-term speculative trading strategy fails.

Users can manually add margin for their isolated margin positions to optimize the liquidation price. 

*The system default is isolated margin mode. It will change to cross margin mode when the option is clicked.

*Currently, MEXC perpetual contracts allow users to change from isolated margin mode to cross margin mode; note that users can’t change cross margin positions to isolated margin positions.

[Change to Isolated Margin]

Currently, users can use different leverage multipliers for both long and short positions, and can modify any leverage multiplier in isolated margin mode.

[How to Change]

For instance, there is a current long BTCUSDT position with 20X leverage. If you want to change the isolated margin mode to cross margin mode, click the [Long 20X] button, then click the [cross margin] button, and finally click [Confirm].

7. Long & Short

（1）Buy Long

A trader will buy more contracts if he judges that the market price will rise in the future.

Going long means buying a contract at a suitable price, waiting for the market price to rise, and then selling (closing the position) to earn the difference. It is similar to spot trading and is referred to as "buy first and sell later".

 

（2）Sell Short

A trader will sell contracts if he judges that the market price will fall in the future.

Sell short means selling a contract at a suitable price and waiting for the market price to fall before buying (closing the position) to earn the difference. It is referred to as "sell first and buy later".

If you have completed the above steps, congratulations, you have traded successfully!

 

8. Order

A variety of order modes are available for MEXC futures, enough to fully meet all traders’ trading needs.

（1）Limit Order

Limit orders allow the user to set the order price and the order will be filled at the order price or at a price better than the order price.

When using limit order, users can also set the time in force according to their trading needs, with the default being GTC:

- GTC (Good-Til-Canceled): This type of order will remain in effect until it is completely filled or canceled.

- IOC (Immediate-Or-Cancel): This type of order will be canceled if the order is not filled immediately at the specified price.

- FOK (Fill Or Kill): This type of order will be canceled immediately if the order is not filled in full.

 

（2）Market Order

Market orders will be filled at the best price available in the order list at the time, eliminating the need to set your own price and allowing orders to be filled quickly.

（3）Trigger Order

Users set a trigger price. When the base price (market price, index price, fair price) reach the trigger price, the order will be placed at the order price (support limit or market price).

（4）Post Only

Post only orders will not be immediately traded in the market, ensuring that the user is always a Maker. At the same time, if the order is filled with an existing order, the order will be immediately revoked.

 

（5）Trailing Stop Order

A Trailing Stop Order is a strategy order that tracks the market price. Its trigger price may change with market volatility. This trigger price calculation: Sell, Actual Trigger Price = Market's Historically Highest Price - Trail Variance (Var.), Or Market's Historically Highest Price * (1 - Trail Variance %) (Ratio); Buy, Actual Trigger Price = Market's Historically Lowest Price + Trail Variance, Or Market's Historically Lowest Price * (1 + Trail Variance %). At the same time, the user can select the price at which the order is activated. The system will start to calculate the trigger price only after the order is activated.

（6）Stop Limit Take Profit

MEXC perpetual contract supports opening positions while setting stop loss and take profit. To long BTCUSDT, for example, the entry price 21850 USDT, fill in the take profit price as 21900, stop loss price 21800, and click sell.

 

What are the advantages of using perpetual contracts for investment purposes? Let's take the example of a USDT-M contract:

Suppose trader A and B participate in BTC trading at the same time, A uses MEXC perpetual contract while B buys spot directly (equivalent to 1 times without opening leverage).

The entry price of BTC is 7000 USDT with the entry  value of 1 BTC. MEXC perpetual contract BTCUSDT single contract value is 0.0001BTC.

 

 

Buy/Long Example

If the price of BTC increase to 7500 USDT, let’s compare A and B’s earnings: 

 

Project	A-Perpetual Contracts	B-Spot Trade
Entry Price	7000 USDT	7000 USDT
Entry Value	10000 contr. (approx. 1 BTC)	1 BTC
Multiplier	100X	1X (no leverage)
Funds Used	70 USDT	7000 USDT
Earnings	500 USDT	500 USDT
Yield Rate	714.28%	7.14%

 

 

Sell/Short Example

If the price of BTC decrease to 6500 USDT, let’s compare A and B’s earnings: 

 

Project	A-Perpetual Contracts	B-Spot Trade
Entry Price	7000 USDT	7000 USDT
Entry Value	10000 contr. (approx. 1 BTC)	1 BTC
Multiplier	100X	1X (no leverage)
Funds Used	70 USDT	7000 USDT
Earnings	500 USDT	500 USDT
Yield Rate	714.28%	7.14%

 

By comparing the above cases, we find that A used 100 times leverage and only 1% ofB's margin to get the same return, making a big profit from a small amount.

 

If you need to know more about the data calculation, you can use the "Calculator" on our trading page.