Futures trading plays a vital role in the cryptocurrency market, allowing traders to flexibly use leverage to open long or short positions with a portion of their margin — potentially earning significant profits with relatively small investments.
This guide provides a detailed overview of how to trade USDT-Margined (USDT-M) perpetual futures on Coinstore via both Web and App, helping beginners start confidently and safely.
What Is USDT-M Futures Trading?
USDT-M Futures are cryptocurrency derivative contracts that use USDT (Tether) as both the margin and settlement currency. This means you can speculate on cryptocurrency price movements (e.g., BTC/USDT, ETH/USDT) without actually owning the underlying assets.
Key Features:
- Simplified calculation: All profits, losses, and margin values are denominated in USDT.
- Perpetual trading: Contracts have no expiration date, allowing continuous holding.
- Flexible leverage: Adjust leverage to amplify potential returns.
- Hedging available: Hold both long and short positions in Hedge Mode to manage risk.
How to Start USDT-M Futures Trading (Web Version)
Step 1: Asset Transfer
Before trading, ensure your Futures Account contains USDT. If not, transfer funds from your Spot Account (no fee required).
- Log in to the official Coinstore website.
- Click [Assets] at the top right, then select [Futures].
- Click [Transfer], choose USDT, enter the amount, and confirm the transfer from your Spot Account to your Futures Account.
Step 2: Go to the USDT-M Futures Page
Click [Trade] in the top menu, then choose [Futures trading]. Search and select your desired trading pair (e.g., BTC/USDT).
Step 3: Configure Trading Settings and Place an Order
First, click the gear icon [Settings] in the top-right corner of the order interface. From here, you can configure both Order Settings (Position Unit) and Position Mode.
1) Order Settings (Position Unit) In the Order Settings, you can choose how to set your order amount — by amount or by cost.
- By amount - BTC: Place an order by the amount, measured in BTC. The cost (in USDT) will automatically change when you adjust the leverage. (Place an order by amount, measured in BTC. Cost will change accordingly when you adjust the leverage.)
- By cost - USDT: Place an order by cost in USDT (trading fee included). The cost will remain unchanged even if you adjust the leverage. (Place an order by cost USDT (trading fee included). Costs won't change when you adjust the leverage.)
2) Position Mode Within the same settings interface, you can also configure your Position Mode:
- Hedge Mode (Two-way): Allows you to hold both long and short positions for the same trading pair.
- One-way Mode: Allows only one directional position (either long or short).
Note: You cannot change the position mode while holding open positions or pending orders.
After configuring these settings, you can proceed to select your Margin Mode, Leverage, and Order Type before placing your trade.
Step 4: Set Margin Mode and Leverage
1) Margin Mode
Coinstore offers two types of margin modes: Cross Margin and Isolated Margin.
- Cross Margin: Your entire account balance is shared across all positions. Liquidation may affect your entire balance.
- Isolated Margin: Each position’s margin is calculated and managed independently, limiting risk exposure to that position only.
2) Leverage Setting
Click the [Leverage Multiplier] icon on the right side of the order page to choose your desired leverage (e.g., 5x, 10x, 20x). Adjusting leverage increases both potential profit and risk.
Note: You cannot change leverage if there are existing open positions or pending orders.
After setting the margin mode and leverage, you can proceed to select the order type and execute your trade.
Step 5: Select Order Type and Execute a Trade
Coinstore offers three types of order options. Each order type serves a different purpose depending on market conditions and trading strategies.
1) Limit Order
A Limit Order allows you to place an order at a specific price you set.
- Suitable when you want to trade at a more favorable price than the current market rate.
- The order will only be executed once the market reaches your specified price.
- Ideal when you want precise control over your entry or exit price.
2) Market Order
A Market Order is executed immediately at the current market price.
- The system automatically matches your order with the best available price (Ask1 for Long, Bid1 for Short).
- Execution is instant, but the final fill price may vary slightly due to market volatility.
- Best for traders who want to enter or exit positions quickly.
3) Conditional Order
A Conditional Order is triggered only when a preset trigger price is reached.
- Useful for setting Take Profit (TP) or Stop Loss (SL) conditions in advance.
- Once the trigger price is met, the order will be executed as either a Limit or Market Order depending on your selection.
- Ideal for automated risk management and strategic trade execution.
After selecting your preferred order type and entering the price and quantity, choose Buy/Long if you expect the price to rise or Sell/Short if you expect the price to fall, then click Confirm to place your order.
Step 6: Monitor and Manage Positions
After placing an order, you can manage your positions and track your trading activity through six key sections in the Futures interface.
1) Positions
View your current positions, including entry price, PnL, and margin ratio.
You can set TP/SL or close positions directly from this tab.
2) Open Orders
Displays all unfilled (pending) orders.
You can modify or cancel orders before execution.
3) Order History
Shows all past orders, including both filled and canceled ones.
4) Trade History
Lists all executed trades with details such as price, amount, and fees.
5) Position History
Provides records of closed positions, including realized PnL and holding duration.
6) Transaction History
Displays fund transfers and margin changes within your Futures account.
By reviewing these sections regularly, you can stay informed about your positions, order status, and fund movements, helping you manage risk efficiently.
If your margin ratio falls below the maintenance level, the system will automatically trigger auto-liquidation, ensuring losses do not exceed your initial margin.
How to Start USDT-M Futures Trading (App Version)
Trading USDT-M Futures on the Coinstore App follows a similar process to the web version, with an interface optimized for mobile users. Follow the steps below to get started:
Step 1: Go to the USDT-M Futures Page
Open the Coinstore App and tap [Futures] on the bottom menu. Select [USDT-M] to enter the USDT-M perpetual futures trading interface.
Step 2: Select a Trading Pair
Tap the trading pair section at the top of the screen and select your preferred pair (e.g., BTCUSDT, ETHUSDT).
You can also view key market data such as price, 24h change, and volume before trading.
Step 3: Configure Trading Settings
Tap the gear icon [Settings] in the top-right corner to open the trading preferences panel.
- Order Settings (Position Unit):
- By amount - BTC: Place orders by the amount measured in BTC. The cost (in USDT) will change automatically when you adjust the leverage.
- By cost - USDT: Place orders by cost in USDT (trading fee included). The cost remains unchanged even when leverage is adjusted.
- Position Mode:
- Hedge Mode (Two-way): Allows holding both long and short positions for the same trading pair.
- One-way Mode: Allows holding only one directional position (either long or short).
Note: Position mode cannot be changed while you have open positions or pending orders.
Step 4: Set Margin Mode and Leverage
- Margin Mode:
- Cross Margin: All available balances are shared across positions to maintain margin.
- Isolated Margin: Each position has its own independent margin, separating the risk for each trade.
- Leverage: Adjust your preferred leverage multiplier (e.g., 5x, 10x, 20x) according to your trading plan. Leverage cannot be changed when positions are already open.
Step 5: Place an Order
- Order Type: Choose between Limit, Market, or Conditional.
- Enter the price and amount, then tap Buy/Long if you expect the price to rise or Sell/Short if you expect it to fall.
- Before confirming, you can set Take Profit (TP) and Stop Loss (SL) to manage your trade automatically.
Step 6: Manage Orders and Positions
In the Coinstore App, you can monitor some trading details directly from the main trading screen, and access detailed order and transaction records by tapping the document icon (📄 Order History) in the top-right corner.
1) On the Trading Screen
- Positions: Displays all active positions, including entry price, unrealized PnL, and margin ratio. You can also close positions or set Take Profit (TP) and Stop Loss (SL) directly from this screen.
- Open Orders: Shows all pending (unfilled) orders currently active. You can modify or cancel them directly from the trading interface.
2) After Tapping the Document Icon (📄 Order History)
Tapping the document icon in the top-right corner opens a detailed order management section, where you can view the following five tabs:
- Open Orders: View all unfilled orders.
- Order History: Check all placed orders, including filled and canceled ones.
- Trade History: Review executed trades with details such as price, quantity, and fees.
- Position History: View closed positions, including realized PnL, entry and exit prices, and holding duration.
- Transaction History: See all fund movements in your futures account, including deposits, withdrawals, and margin adjustments.
Important Notes for USDT-M Futures Trading
- Understand leverage risks: Higher leverage increases both profit and loss potential.
- Set TP/SL: Always use Take-Profit and Stop-Loss to manage volatility.
- Monitor margin ratio: Avoid forced liquidation by maintaining sufficient margin.
- Stay informed: Follow market trends and adjust your strategy proactively.
FAQ
- Q1. What is the minimum amount for USDT-M Futures trading? Minimum amounts vary by pair and margin requirements; please refer to the trading interface.
- Q2. How does margin work? Margin is collateral in USDT used to open and maintain positions. You can choose between Cross and Isolated modes.
- Q3. What happens if my margin ratio is too low? Your position will be liquidated if your margin ratio drops below the maintenance level.
- Q4. Can I trade via both App and Web? Yes. Both platforms offer the same USDT-M Futures features and interface consistency.
- Q5. Can I change leverage after opening a position? Yes, but note that adjusting leverage will affect your margin and risk exposure.
Disclaimer: This information does not provide advice on investment, taxation, legal, financial, accounting, consultancy, or any other related services, nor is it advice to purchase, sell, or hold any assets. The Coinstore Learn provides information for reference purposes only and does not constitute any investment advice. Please ensure a thorough understanding of the risks involved and invest cautiously. All user investment activities are unrelated to this platform.