How to Buy/Open Short Position for Crypto Futures
17 Steps
Open the Pluang App and login, Navigate to "Crypto Futures" by tapping here on the quick icons
Select the crypto perpetual asset
Tap Sell (Short)
Tap here to view the Order Book
You can click on this section to see the types of Limit Order.
Tap here to select between "Market" or "Limit" Order
Input the Limit Price and the Qty (min qty is 100)
Fill all the necessary detail. You can also place Take Profit or Stop Loss individually, or you can also place them both to create OCO (One-Cancels-The-Other) Order.
Instant USDT conversion from spot to margin account.
You can fill in USDT Margin before placing an order by clicking the “+” symbol as shown below.
Make sure you have USDT balance from your Spot account. Then enter the amount you want to transfer to USDT Margin. You can click “Continue”.
Double-check the details of the USDT Spot to USDT Margin transfer transaction. Then "Swipe up to complete" the transaction.
The process of transferring USDT Spot to USDT Margin is in progress.
You have successfully added your USDT Margin balance to trade on Crypto Futures.
Tap here to "Review Order" (Short).
Accept T&C and Tap on "Continue"
Tap here.
After review, tap here to Place your order
Your order has been placed.
Check the status of the order on the Transaction History page.
