Volatility Contract(Move contract) of Digifinex is a delivery contract with USDT margin, the following is an example of how to trade move contract with BTC-MOVE contract.
What is Volatility Contract？Please click the link below：
1. Open a position.
In line with perpetual contracts, to open a position in a move contract, you need to complete the following 4 steps.
-Step 1: From the top of the home page navigation bar Derivatives - Volatility into the volatility contracts trading page.
-Step 2: Click on the contract name to open the contract selection box and select the move contract you want to trade.
-Step 3: Transfer the assets from the spot account to the contract trading account by clicking on the bottom right corner of the contract trading page and transferring the USDT margin to the contract account.
-Step 4: Leverage, select the type of position to open: Limit, Market, Program Order, Program Order - Market, enter the price and quantity, then click Buy to open long or Sell to open short. Note that when the order type is Limit or Market, the price of a long buy order cannot be higher than the maximum bid limit, and the price of a short sell order cannot be lower than the minimum ask limit.
-Step 5: In the following area , you can view the current position, the current commission, the history of the commission, the history of transactions. The open position has been closed can be seen in the current position tab, the pending orders can be seen in the current commission, before the transaction can be cancelled the current pending orders, the commission history and transaction history can see the previous commission and transaction respectively.
The current position tab shows the name of the position, average open price, unrealized profit/loss, expected strong closing price, etc.
2. Close Position.
In line with perpetual contracts, move contracts can be closed in the following two areas: in the left area, you can select the market price or limit price, enter the quantity and click the close button, or click the lightning close button when the market moves dramatically, you can also set the stop-loss and take-profit; in the right area, you can achieve the exact same effect except for the lightning close.
3. View move contract related data.
At the bottom of the top navigation bar, you can view data related to the current contract, such as expected delivery price, delivery date, etc.
4. View settlement and delivery records
Users can also view their own delivery records in the settlement and delivery section of the Personal Center.
Users can view the delivery history of all move contracts delivered by Digifinex here.