The Futures Exchange allows you to profit from price movements in both positive and negative direction by either opening a Long or a Short position, respectively. Futures Positions are denominated and settled upon closing in USDT.
To open a position on the Nexo Pro Futures Exchange, you need to:
1. Select a trading pair.
2. Click ‘Open’ on the panel, located on the right side of the trading screen, and enter the amount.
3. To place the order, select either the ‘Open Long’ or the ‘Open Short’ option, depending on whether you anticipate the price of the underlying asset to increase (‘Open Long’) or decrease (‘Open Short’).
4. Your open position will be shown in the ‘Positions’ tab at the bottom of the screen.
- Margin Trading and the Futures Exchange are currently unavailable for residents of the United States of America, Canada and Australia.