Nexo Help Center

Can’t find the answer to your question?

Nexo Customer Support is online 24/7 to help with your needs.

How do I open a trade on the Futures Exchange?

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.

mceclip0.png

2. Click ‘Open’ on the panel, located on the right side of the trading screen, and enter the amount.

futures1.png

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’).

futures2.png

4. Your open position will be shown in the ‘Positions’ tab at the bottom of the screen.


mceclip2.png

 

𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁:

  • Margin Trading and the Futures Exchange are currently unavailable for residents of the United States of America, Canada and Australia.
Was this article helpful?
1 out of 1 found this helpful