Currently U-Net APP supports contract transactions, click me to learn how to download U-Net APP
About how to deposit:
→Click to learn how to make OTC deposits
→ Click to learn how to withdraw coins on the chain to U network
An article to understand what a contract is and an explanation of related price terms
Before trading, please make sure that your perpetual contract account has been transferred assets:
Click me to see how to transfer assets to perpetual contract account
How to conduct contract transactions (APP version):
Step 1: Enter Umifi mobile APP, select "Contract" below to enter the transaction page
Step 2: Choose a trading pair
At present, U-net contracts support contracts in both the positive and negative directions of " coin-based" and "USDT-based"
If your account currently holds USDT assets , please select a USDT-based contract and select the corresponding currency for trading
If your account currently holds BTC, ETH, EOS assets , please select the currency-based contract of the corresponding currency to trade
( Currency standard: 1 card=1USDT USDT standard: 1 card=0.001BTC/0.01ETH/1EOS )
Step 3: Click the icon on the upper right to enter the trading pair details page, where we can view the real-time K-line of the contract, and the 10 orders of the trading order can be viewed on the clicked page
-》Click "Buy/Long" or "Sell/Short" below to return to the trading page
(Please note that the contract price is independent of the prices of other transactions. This method is the only way to view the current contract trading K-line!)
Step 4: Choose the leverage ratio
The U network contract platform currently only supports "wide position leverage", and the supported leverage ratio is 1 to 100 times .
(Please note that the greater the leverage ratio you choose, the higher the return, but the higher the risk you bear . Please choose the ratio carefully according to your actual position to avoid liquidation losses due to excessive market price fluctuations.)
Step 5: Choose how to place an order
You can choose the following five ways to place an order for trading : "Limited Price/Market Price/ IOC/Planned Order/Planned Order-Market Price"
Click to understand what is market price trading and limit trading
Step 6: First select "Open Position"
-" Then select "Buy/Sell"
-"Select " Limit Price or Market Price"
Market price transactions do not need to enter the price, and the transaction will be executed immediately at the best market price
2. Below you can select the quantity according to the position ratio
The "25%" below the quantity refers to the percentage of the position. For example, there is a total of 100USDT in the account. Selecting 25% means that 100USDT can buy 25% of the number of contracts. The corresponding number of sheets will be displayed in the quantity box.
-"Click "Buy to open long/sell to short" to complete the position opening
Step 7: After opening a position, you can view the pending orders currently entrusted in the "Entrusted Management Area" at the bottom , and you can also " cancel" uncompleted orders here.
If your pending order has been filled, you can see it in the "Position" column at the bottom of the trading area
Step 8: Set up stop-profit and stop-loss
(Please note that take profit and stop loss can only be set in the case of open positions)
-"First, we click "Take Profit" or "Stop Loss" to pop up a new interface
-》Then we can select "market price" and enter "stop profit/stop loss price" and "quantity" . At this time, the system below will automatically calculate your expected return on liquidation, which is convenient for you to judge
-"Then click "Take Profit/Stop Loss" to complete the setting, and the transaction can be completed automatically when the system fluctuates to the price you set.
Step 8: Closing the position
Closing a position refers to selling your current position in order to obtain profit. Therefore, we recommend that users choose the "market price" to close the position manually
-》Click "Close Position" , a new interface pops up
-"Select "market price" and enter the "quantity (pieces)" that needs to be closed
-》Then click "Close Position " to complete the transaction immediately and close the position to obtain income
What should I do if I have a problem?
Click here to see how to contact Unet customer service
Warm reminder, beware of false customer service
1). Please do not provide account password, SMS, Google verification code, WeChat and bank card passwords to anyone, including Umifi exchange customer service
2). Please look for the official website: umifi.com
3). Click on the unofficial link to
prevent computer poisoning information from leaking 4). Umifi exchange staff will not ask you to transfer payment
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