How to trade on Futures?

1. Go to CoinEx website www.coinex.com, sign in to your account and click [Futures] at the top.

2. Carefully read [Futures Trading User Terms], check the box of [I have read and agree to accept these risks and liability] and click [Confirm] to enable Futures trading.

How to use Futures to magnify gains if you think the price will go up? (Take F-BNB/USDT for instance):
If you think the price of F-BNB will go up, you will need to borrow USDT, since you can buy F-BNB with USDT before the price of F-BNB goes up and then profit by selling the amount of F-BNB equivalent to the borrowed USDT when F-BNB rises to the expected price.
1. On the page of [Futures Trading], enter a price and an amount and then click [Buy F-BNB] to finish the trading.
2. When the price of F-BNB rises to the expectation, sell the amount of F-BNB equivalent to the borrowed USDT.
Note: your profit: Gained F-BNB upon delivery - Borrowed USDT(equivalent F-BNB) - Interest - Original assets

How to use Futures to magnify gains if you think the price will go down? (Take F-BNB/USDT for instance):
If you think the price of F-BNB will go down, you will need to borrow F-BNB, since you can sell F-BNB for USDT before the price of F-BNB goes down and then profit by selling the amount USDT equivalent to the borrowed F-BNB when F-BNB declines to the expected price.
1. On the page of [Futures Trading], enter a price and an amount and then click [Buy F-BNB] to finish the trading.
2. When the price of F-BNB rises to the expectation, sell the amount of F-BNB equivalent to the borrowed USDT.
Note: your profit: Gained USDT upon delivery - Borrowed F-BNB(equivalent USDT) - Interest - Original assets

Risks:
Futures Trading not only allows you to magnify gains with fewer funds but can also saddle you with amplified losses when the market moves against you. Therefore, we strongly advise entry-level users not to use highly leveraged trading to avoid forced liquidation or even bankruptcy.