MEXC Futures offers traders an advanced method for cryptocurrency trading. Unlike spot trading, futures trading involves unique logic and position-opening mechanisms. This guide will help beginners transition from basic to advanced futures trading concepts, providing a streamlined approach to kickstart your journey.
1. USDT-M vs. Coin-M Futures
MEXC Futures divides into two contract types:
- USDT-M Futures: Settled in USDT, allowing trading across multiple cryptocurrencies by holding USDT.
- Coin-M Futures: Settled in cryptocurrencies like BTC or ETH.
This guide focuses on USDT-M Futures.
2. Transferring Assets
Before trading, ensure sufficient funds (e.g., USDT) are available in your Futures account.
2.1 Transfer Steps
- Open the MEXC app and navigate to [Wallet] → [Transfer].
- Select [Spot Wallet] → [Futures Wallet].
- Choose the cryptocurrency (e.g., USDT).
- Enter the transfer amount and confirm.
3. Order Placement Guide
Profit/loss in futures trading depends on three key settings:
- [Position Mode] (Hedge/One-way)
- [Margin Mode] (Isolated/Cross)
- [Leverage Mode] (Simple/Advanced)
3.1 Position Mode Setup
- Hedge Mode: Hold simultaneous Long/Short positions for the same pair.
- One-Way Mode: Hold only Long or Short positions per pair.
Adjustment requires zero active positions.
Steps:
- Tap [...] → [Preferences] → [Position Mode].
- Select Hedge or One-Way.
3.2 Margin Mode Setup
- Isolated Margin: Positions are independent; liquidation risks only the allocated margin.
- Cross Margin: Uses entire wallet balance as collateral; liquidation risks all funds.
Steps:
- Tap the margin mode icon (top-left).
- Choose Isolated or Cross.
- Apply to all contracts.
3.3 Leverage Mode Setup
- Simple Mode: Uniform leverage for Long/Short.
- Advanced Mode: Custom leverage per position.
Steps:
- [...] → [Preferences] → [Leverage Mode].
- Select Simple or Advanced.
3.4 Order Types
3.4.1 Limit Order
- Set price, contract unit (BTC/USDT/Cont), quantity, and time-in-force (GTC/IOC/FOK).
- Executes at specified price or better.
3.4.2 Market Order
- Executes immediately at best available price.
- Optional: Market-to-Limit (MTL) converts unfilled portions to limit orders.
3.4.3 Trigger Order
- Set activation price (Last/Fair/Index) and execution type (Limit/Market).
- Ideal for stop-loss/take-profit strategies.
3.4.4 Trailing Stop Order
- Adjusts stop price by a fixed percentage/amount from peak/trough.
- Requires activation price (optional).
3.4.5 Maker Order
- Ensures liquidity provider status for fee rebates.
3.5 Calculating Maximum Position Size
The trading interface displays the maximum openable position size based on:
- Available margin.
- Estimated fill price.
- Initial margin rate + 2× fee rate.
Formula:
Max Contracts = Available Margin / (Price × Contract Size × (Initial Margin + 2×Fee))
4. Order Tracking
4.1 Pending Orders
Check [Open Orders] or [Order History].
4.2 Active Positions
Monitor under [Positions].
4.2.1 Closing Positions
Manually close or set TP/SL orders.
4.2.2 Liquidation
Forced closure occurs when margin falls below maintenance requirements.
5. Summary
This guide outlines three core steps:
- Transfer funds to Futures.
- Place orders (5 types).
- Track and manage positions.
👉 Master Futures Trading with MEXC
FAQ
Q1: Can I switch margin modes mid-trade?
No—adjustments require no active positions.
Q2: What’s the advantage of Hedge Mode?
Simultaneous Long/Short positions reduce directional risk.
Q3: How is liquidation price calculated?
Depends on leverage, margin mode, and mark price.
Q4: Why use Trailing Stop?
Locks in profits during volatile trends.
Q5: Are Maker orders free?
No, but fees are lower (rebates apply).
👉 Explore Advanced Futures Strategies
Disclaimer: This content is for educational purposes only. Trading involves risk; MEXC is not liable for investment decisions.