3. How to Short Sell PHEMEX Futures

 

PHEMEX is a futures trading cryptocurrency exchange that provides up to 100x leverage.

In this time, I will explain the method and procedure of short selling in margin trading one by one in detail.

If you follow it slowly, you can understand it all at once!

 

 

1. If you look at the top of the PHEMEX Exchange page, you can see Market / Product / Support / Introduction.

Click on "Products" among them. PHEMEX offers several financial products~

We'll see how to do margin trading by clicking "Contract Trading"!

 

 

2. Click "Contract Trade" and you will be taken to the PHEMEX Futures Trading screen!

Below is the full screen of the futures exchange. There are several functions that are supported.

Let me explain them one by one~

 

 

 

3. The screen below is the order book. This is where you place your orders on the exchange.

Here, you can place orders in the following ways: limit / market / conditional order.

In addition, you can easily adjust the proportion to 25%/50%/75%/100% of your funds~

 

 

4. Next is the gauge to adjust the leverage.

You can use up to 100x leverage, and you can use the mouse to

You can freely adjust the multiple of the leverage!

***Excessive leverage carries great risk.

 

 

5. The one located in the red box below is the asking price window.

This is a space where you can intuitively see the current sales stand~

When concluding a transaction, if there is sufficient buy/sell volume, you can avoid additional transaction costs!

 

 

 

 

 

6. The screen below is a space that shows your recent trading records, recent transactions, and profit and loss calculations at a glance!

 

 

 

7. If you look at the top right corner, you can see a tab called "Market Selection".

If you click this, we are supporting several other types of cryptocurrencies!

Just select the cryptocurrency you want and start trading~