What is USDT-M Future? | Ultimate Guide on XT

2024-11-19

Cryptocurrency futures trading has gained momentum as a flexible and potentially profitable approach for users looking to leverage market movements. In this fast-evolving space, XT.COM has introduced USDT-M futures, a trading product designed for both novice and experienced traders who want a straightforward way to trade crypto futures with Tether (USDT) as the margin.

USDT-M futures are appealing because they use USDT, a stablecoin pegged to the US dollar, as collateral, making it easier for users to manage profits and losses without the added volatility of other cryptocurrencies. By choosing USDT-M futures on XT, traders can access a range of perpetual and quarterly contracts, enabling them to take advantage of both rising and falling markets.

In the sections that follow, we’ll explore what USDT-M futures are, provide an overview of how XT.COM’s USDT-M futures platform operates, discuss the benefits of trading with XT, and guide you step-by-step through the trading process. Let’s dive in and see how XT USDT-M futures can open up new trading possibilities for you.

Table of Content

What are USDT-M futures?

XT USDT-M Futures Overview

Benefits of XT-M Futures Trading

Step by step guide of XT USDT-M Futures Trading

What are USDT-M futures?

USDT-M futures, or USDT-margined futures, are a type of cryptocurrency futures contract where Tether (USDT) is used as collateral for trading. Unlike traditional futures where settlement often involves the underlying asset, USDT-M futures use USDT, a stablecoin pegged to the US dollar, to manage trades, calculate profits and losses, and determine margin requirements. This setup makes it easy for traders to keep their funds stable, without being affected by the typical volatility of other cryptocurrencies.

In USDT-M futures trading, users can open both long (buy) and short (sell) positions, giving them the flexibility to profit from market movements in either direction. These futures can be perpetual, meaning they have no expiration date, or quarterly, settling at a set date in the future.

The advantage of using USDT as collateral lies in its stability; traders can easily manage risks and calculate returns in a currency pegged to the dollar, keeping trading less complex and more accessible.

XT USDT-M Futures Overview

XT.COM’s USDT-M futures platform is crafted to deliver a seamless and reliable trading experience, catering to both beginners and seasoned traders. Our platform provides unique trading tools and diverse contract options, enabling users to approach the market with flexibility and precision.

One of the core features of XT’s USDT-M futures is the variety of contract types available. With perpetual contracts, traders can hold positions indefinitely, adjusting their strategies in response to market dynamics without worrying about expiration dates. For those who prefer structured timelines, XT offers quarterly contracts that settle on fixed dates, ideal for traders with specific time horizons in mind.

Additionally, XT’s platform is built with advanced charting tools and real-time data feeds. These tools allow traders to perform in-depth market analysis, spot trends, and make well-informed trading decisions. The real-time updates keep users aligned with market changes, while the interactive charts provide a clear view of price movements and potential trade opportunities.

Beyond usability, XT’s USDT-M futures platform is known for robust liquidity and smooth trade execution, ensuring that traders can enter and exit positions quickly, even in fast-paced market conditions. This high liquidity minimizes slippage, enhancing trading efficiency and allowing traders to capitalize on both short-term and long-term strategies.

Benefits of XT-M Futures Trading

XT.COM’s USDT-M futures offer a range of advantages designed to make futures trading accessible, secure, and rewarding for all users. Here are some of the standout benefits that set XT’s platform apart:

1. Stable Collateral with USDT

By using USDT as collateral, XT USDT-M futures provide a stable base for trading, eliminating the volatility often associated with cryptocurrency holdings. This stability simplifies profit and loss calculations, helping traders manage their funds with greater predictability.

2. Flexible Leverage Options

XT allows traders to customize their leverage according to their risk tolerance and strategy, offering flexibility that caters to both conservative and aggressive traders. With leverage adjustments available, users can make strategic decisions to optimize potential returns or minimize risk.

3. High Liquidity and Market Depth

XT.COM’s platform boasts high liquidity and substantial market depth, which translates to smoother trading experiences and reduced slippage. This means traders can enter and exit positions more easily, even in rapidly changing market conditions, making it ideal for both long-term and short-term strategies.

4. 24/7 Customer Support and Robust Security

XT.COM prioritizes user security and provides 24/7 customer support to assist with any questions or issues. With advanced security protocols in place, users can trade confidently, knowing their assets are protected and support is always accessible.

5. User-Friendly Interface and Advanced Tools

XT’s platform combines ease of use with powerful trading tools, offering real-time data, interactive charts, and analysis tools that help traders make well-informed decisions. The intuitive layout makes it easy for beginners to get started, while seasoned traders have access to the detailed information they need.

Step by step guide of XT USDT-M Futures Trading

Step 1:

Login in your XT account and click “Perp” under “USDT-M Futures” from “Derivatives” section on the navigation to enter the XT futures USDT-margined perpetual contracts trading page.

Step 2

On the futures trading page, you can unlock a world of market intelligence and be in control. Use the real-time price chart to track your selected pair. See orders or review active positions at the bottom display – then consult any other brokerages making buys/sells in their order book, and view recently completed trades for further knowledge on what’s happening with market values. Finally, you can place trading orders on the right of the screen.

Step 3:

If you don’t have enough funds in your Futures account, you can easily transfer assets from Spot to Futures account with just one click. If you don’t have funds on the Spot side either, you can buy crypto directly with fiat currency.

Step 4:

When your futures account has the required funds, you may place your limit order by setting price and the cost of USDT you would like to purchase. You may then click “Open Long” or “Open Short” to complete your order.

Step 5:

XT allows up to 125X leverage on its trading pairs, and your maximum allowable leverage depends on the initial margin and maintenance margins. Traders may adjust their long or short positions using cross-margin mode or isolated-margin mode. For example, if a trader wants to reduce risk by decreasing leveraged hedging from 100X to 20X in an isolated position, they can click “Isolated 100X,” then adjust the figure down below that before hitting “Confirm”. Then the leverage of the position has now been reduced to 20X.

Step 6:

Trading smartly with XT Futures means understanding when to go long or short on your positions.And set your [Stop profit] and [Stop loss].

Going “long” is the act of buying a contract in anticipation that its price will rise, allowing you to sell it for profit later down the line. Alternatively, going “short” requires predicting future market dips; by selling at current prices and re-buying back later at lower ones – earning investors even greater profits! With an array of order types available from XT Futures designed specifically around efficient trading strategies – potential earnings are endless!

Closing Thought

XT.COM’s USDT-M futures offer a powerful and flexible platform for traders seeking to capitalize on crypto market movements with stability, security, and control. By using USDT as collateral, XT simplifies the trading experience, reducing volatility and making it easier to manage profits. Whether you’re new to futures trading or a seasoned trader, XT’s platform provides essential tools, including adjustable leverage, advanced charting, and robust security, all designed to enhance your trading journey.

From perpetual to quarterly contracts, XT’s USDT-M futures adapt to various strategies, empowering users with the freedom to trade on their terms. Our platform’s intuitive design, reliable customer support, and efficient trade execution make it accessible and rewarding for users across experience levels.

As cryptocurrency continues to shape the future of finance, XT.COM is committed to providing a trustworthy, user-centered platform that opens new opportunities in digital asset trading. With XT USDT-M futures, you’re equipped to navigate the dynamic world of crypto with confidence and clarity—one trade at a time.

About XT.COM

Founded in 2018, XT.COM now serves nearly 8 million registered users, over 1,000,000+ monthly active users and 40+ million users in the ecosystem. Our comprehensive trading platform supports 800+ high-quality tokens and 1000+ trading pairs. XT.COM crypto exchange supports a rich variety of trading, such as spot trading, margin trading, and futures trading together with an aggregated NFT marketplace. Our platform strives to cater to our large user base by providing a secure, trusted and intuitive trading experience.

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