How to Open & Close a Position?

Video Tutorial: How to Trade on Bexplus? 

How to open a position? 

1. Please login to your Bexplus account, click the [Trading] tab on the home page, then you are able to enter the trading market. 

2. On the trading market, you can freely switch between different trading pairs, as below:

3. Choosing the trading pair, you can place a Market order or a Limit order now.

4. Once the order is placed successfully, you can check the order details and account details here:

How to close a position? 

The Bexplus Futures position is designed as an accumulated position. To close positions, you can click [Close] directly in the [Open orders] area or place a new order in the opposite direction, with the position volume that you want to close.

For example, if you hold 5 buy BTC/USDT position currently and you plan to close all positions, you have two options now:

1. Click the [Close] button directly, enter an amount such as 5 in the popup window, click the [Confirm] button, your order will be closed as a market order successfully. 

2. Place a sell/down order of 5vol, whether a market order or a limit order, by the time this order is filled, the current position vol will become 0.

Note: If you place a limit order, the order will be displayed in the [Limit order] section first, then goes to the [Open orders] section when the position is opened.