1. Logging into BHEX APP, users can find Contact (entrance) at the bottom of the home page. Users can click the avatar in the upper left corner of "Home" to view account UID, orders, my invitation, settings and other information and enter the contact customer service channel
Download BHEX APP here: https://www.bhex.cc/activity/app_download/
2. Open contract
Click "Contract" in the bottom navigation bar to enter the contract transaction, which USDT contracts showed by default.
If you have not opened a contract transaction，please read and agree on the “Contract Trading Agreement” and click the “Open contract trading” button to open the trading permission.
3. Transfer asset
The balance on contract account will show 0 on the prompt page after opened the contract account, please transfer asset into contract account first before trading.
Click to transfer
On the "Transfer" page, choose to transfer from "Wallet" to "USDT-Perpetual-USDT cross margin ", which USDT cross margin is shown by default. You can choose target account to transfer in, including contract (old), leverage, USDT-Perpetual, Coin-settled Perpetual, delivery contract account. Choose USDT-Settled Perpetual Contract supports transfers to the isolated margin account of each token.
USDT-Settled Perpetual contract only supports transfer from spot account, and the mutual transfer between cross-margin and isolated margin of each token. Click “Asset” on the bottom and enter “ Contract- USDT-Settled Perpetual” to check the balance in USDT cross-margin account and each isolated margin account.
Isolated Margin is margin individually set aside for an outstanding margin position, with a fixed collateral amount. the account equity for each swaps is calculated separately, and the occupied margin, PnL and margin ratio of each swaps will not affect each other.
Cross Margin is margin that is shared across open positions, using the full amount of funds in the Available Balance, which indicates that all positions under the cross margin mode share the same account equity, and their PnL, occupied margin and margin ratio are calculated jointly.
Cross and isolated margin mode can be used at the same time, and switch to another mode will not affect the current positions.
4. Start trading
After the transfer is completed, you can see the total equity USDT in the upper left corner. Then click the list button in the upper left corner to select various types of swaps, and select different types of swaps to trade according to your needs, such as " ETH-USDT Perpetual".
USDT-Settled Perpetual currently support a maximum of 100 times leverage. Users can choose the leverage multiple according to the situation.
After choosing leverage, users can select limit order or trigger, Post-only, IOC FOK to open positions, If bullish on market, users can open long. If bearish, users can open short.
Limit order: enter the price and quantity to place an order;
“⚡”means place order at market price
Fill or Kill (FOK): The order must be immediately executed at the order price or better, otherwise, it will be completely cancelled and partially filled contracts will not be allowed..
Immediate or Cancel (IOC): The order must be filled immediately at the order limit price or better. If the order cannot be filled immediately, the unfilled contracts will be cancelled..
Trigger order: enter trigger price, order price and amount to place orders.
When the latest price reaches the trigger price, the system will place an order by using the order price and quantity you previously set.
5. Check Order
You can find unfilled orders in Open Orders, and filled orders in Open Positions, click "All" to view the current order,.
Click Stop PNL on Position Page to set the stop PNL price, and order will be closed with preset trigger conditions (trigger price of take-profit or stop-loss order) and price when the latest price reaches the preset trigger price.
Click “ALL”-“Current Open order”-“Stop-PNL” to check the current open positions and set Stop- PNL price.
7. Close a position
It also has two closing directions: “Close Long” and “Close Short”.
To close a position, you could also use “Limit Order” and “Trigger Order”, or fill in amount to close at Market price.
Then confirm and click “Buy to close short” (or Sell to close long)
8. History Data
Click “ALL” and find the history transactions on order history including filled amount, price, PNL, profit, transaction fee and order filled time.