1.Register for Perpetual Contracts
(1)Visit the KKcoin website (kkcoin.com) and click on “Register/Login” at the upper right hand corner to register as a KKcoin user. You can either choose Mobile or Email registration.
（2）You can click on the “Perpetual Contracts” at the top of the navigation bar to enter Perpetual Contracts directly.
Caution：Perpetual Contract enables leveraged trading, increasing both risks and rewards. Please be aware of the risks and note that you are responsible for all profit/loss of your investments. Happy trading!
2. Account recharge
Click “Fund Transfer” to recharge the contract trading account. The contract trading account can only use ETH trading. Currently, only ETH recharge is accepted.
（2）Click on the circular icon on the Funds Transfer interface to switch between Token Trading account and Perpetual Contracts trading account. Only ETH is accepted for Perpetual Contracts trading account.
（3）Transfer history can be found in “Funds” – “History” – “Transfer log”
To help you better control risk in when trading, you must understand the trading rules of Perpetual Contract and complete this quiz before trading. If your answer is wrong, the system will show you the correct answer and please fill in with the correct answer.
4.Select the contract to trade
a.If the future market price is expected to rise, select “Open Long” to initiate a position; if the market price is expected to fall, select “Open Short”;
b.Your can select “Limit Order” or “Market Order” when placing an order
Market Order: Order will be placed based on existing market price and completed immediately;
Limit Order: Place an order at a price higher (or lower) than the latest market price. Orders may not be matched immediately and final price is subject to the market;
c.Amount (Lots) is required when placing an order, the “Available Lots” can be used as a guide. Available Lots are calculated with real-time parameters such as Account Equity, Product type, Leverage, Position limit, Account risk rating etc, so you can easily refer to this number.
d.Take Profit and Stop Loss refers to a certain pre-set price whereby an open position is automatically closed when it reaches that level, locking in profits (Take Profit) or limiting losses (Stop loss) on that position without the need for constant surveillance.
a.Positions held can be managed in the “Current positions” tab and all orders of each product are displayed together. Orders that are unfilled can be managed in “Current Orders”
b.Take Profit/Stop Loss can be set in this interface;
c.“Trading information” will show transaction related information, including Open/Liquidation orders, Take Profit/Stop Loss orders, Account risk rating warnings, forced liquidation etc. These trading information are extremely important and user should always check for latest updates;
d.Account risk rating is an important indicator about account risk. When Account risk rating≦100%, the account risk is very high. It is advised to increase Account Balance, or reduce Current Positions to decrease the risk.
There are two ways to close positions:
Liquidate: Once selected, all positions will be closed at the latest market price;
Close: Input close price and amount manually, final filled price will be in accordance to the market;
If you have any questions regarding KKcoin Perpetual Contracts, including any operational questions or trading rules, please contact us immediately. We are servicing your requests on a 24hr basis to provide you optimal service!
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