Derivatives Trading
About derivatives trading
Derivatives trading involves trading based on underlying assets, without owning the asset, herein called as 'symbols'.
Derivatives trading in Zenit World primarily features Future contracts - the trading method in which parties trade in speculation on the future value of a token, with leverage. Trading happens on a predetermined price to buy/sell, and the contract comes with an expiration date. On the expiration date, the difference between the running value and the predetermined value sets the profit or loss.
How to perform derivatives trading
Select the 'Derivatives Trading' option visible on the main menu bar on top of the screen
You will be directed to the trading view page. You may take or skip the derivatives quiz which appears on a prompt box, which is a series of multi-choice questions that will appear within the same box
Engage in the buy/sell activity from the right section of the screen; while the trading history, open orders are accessible on the bottom section of the screen.
User can select between Netting mode (holding either a long or short position of a symbol) and Hedging mode (long and short of the same can be held simultaneously on the same symbol). 10x is the maximum leverage permitted. Take Profit and Spot Loss can be toggled active and the values in USD can then be entered.
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