How to Start
Start your trading with the following steps:
- Read the instruction documents down below
- Check the FAQ page for more detailed information
What is BaseFEX? An Overview
- BaseFEX is a futures trading platform offering leveraged contracts for Bitcoin and other cryptocurrencies.
- Currently, BaseFEX offers Bitcoin futures trading and all profits and losses are settled in Bitcoin or USDT. We will be offering more Altcoins futures contracts and also cryptocurrency options trading in the future.
- BaseFEX offers high leveraged trading up to 100x.
There are four main tabs on the top left of the website:
- Trade: This is the trading dashboard of BaseFEX. You can choose your leverage, place and cancel your order, and also check the detailed information in your contract and your position.
- Account: This is where you can check your current Bitcoin Balances, and deposit or withdraw your Bitcoin. You can also check your Trade History here.
- Data: Here you can read all the relevant Indices in real-time and essential Historical Data.
- Docs: Here you can read all the relevant documents about trading on BaseFEX, including the Basics of Futures Trading and Product Specifications.
Where to Start?
It is highly recommended that you read the following pages before trading:
- Futures Contract Overview: This overview will help you understand what futures trading is and how it works.
- Perpetual Contract Overview: Currently BaseFEX offers Perpetual Contracts. You can read through this overview to know more about how it works and its funding mechanism.
- Fair Price Marking: You can see how your positions are marked, and this mechanism determines your liquidation price when the market goes against you.
- Liquidation: Here you can see when and how a liquidation happens, and the working details of how the BaseFEX Liquidation Engine works.