[00:07] from buying USDT to placing the order. will show you on my phone screen and there are also rewards for you in mderx. You will also know how to claim them in a short while. So look at this, now
[00:23] everything is working directly in IAR in mderx. But if you go to Futures here and click on this dollar sign above, then your margins are now set to USDT.  This means that now to place orders
[00:37] means that now to place orders in futures within mdrax, you will need USDT.  For which first you will have to add USDT to your wallet. you will have to add USDT to your wallet.
[00:50] you have to click on it and here you will see that at present you will not have any funds, for USDT margin you have to click on transfer and from your main USDT wallet of mdrax you will have to
[01:05] ask for funds in future trading, so first of all you will have to buy USDT you will see your entire wallet. You have to click on it and here you will see USDT funds written.
[01:19] You have to click on this and buy it here, for which you need IAR.  Obviously, you will buy USDT from IAR.  So I have funds here in the IAR wallet.  You may be seeing it here.  With these I will
[01:33] buy USDT here in just one click. Click on USDT Fund. Click on Buy.  And going here I assume that I have ₹565. So I buy USDT here at ₹500. Simply click on Buy Now
[01:47] and see, I bought 4.9 USDT instantly.  Now I don't have to do anything.  Simply come back and click on Futures Trading again here. Here you have to click on this wallet icon.
[02:01] Click on Transfer Funds.  Now my funds have arrived in my mdx wallet. So from there I have to ask for funds here. Like I want to order all of them.  I will click 100% and click on transfer. And now my wallet is
[02:15] topped up here and ready to use for futures trading. futures trading. you will see buy, long, sell shots. Buy long means your analysis
[02:29] says that you think this pair will go up. So you select buy long. But if your analysis says that this pair will go down in the future then you click on Sell Short.  Place the order. For example, I click Buy Long
[02:42] here.  I scroll a bit. Now whatever amount I want to enter here, minimum I need is $6.9.  So I put at here. Ok?  See, approximately, I have taken 10x leverage here, for which
[02:56] I will get 0.69883 margin which will go into my USDT.  My final order value is coming to 6.9 because I have taken leverage of 10x. If I reduce this leverage.  Let's assume here that I halve and
[03:12] confirm the leverage.  So see, now my margin will double.   The margin I had to pay earlier will be double. If I reduce the leverage here and if I double the leverage, earlier I had kept it at 10.  If I increase the leverage from 10 to 20x, then the
[03:27] margin I was giving earlier, which was 0.69 something, will be reduced to half. You know when leverage and margin multiply together.
[03:40] Leverage multiplied by margin then comes out to be your final order value.  So if this decreases then obviously the margin will increase.  The function of leverage is to enable you to place orders even when the margin is low and if you keep reducing the leverage, the
[03:55] margin will increase but the chances of the order getting liquidated will also reduce here because see, I keep showing you here that the liquidation price comes closer and even more if you keep
[04:09] and even more if you keep increasing the leverage, then see now here 14x leverage has become 64 liquidation price, the current price is 69 and it has become so close to 64. Ok?  If I keep increasing it further, then see it becomes 66.  The more I
[04:24] increase it, the closer it gets to market price.  So that is why leverage has to be decided very thoughtfully. I have done 5x leverage so it is 55.  It I have done 5x leverage so it is 55.  It is quite far.  55 is a long way from 69.
[04:38] This means that even if this pair goes in the opposite direction, I will not be liquidated so soon.  If I increase the leverage, the speed may increase.  The chances increase significantly.  So according to your research, you have to
[04:51] select leverage etc. here.  Now you are giving margin here in USDT, so obviously whatever profit or loss you will incur will also be in USDT only.  For example, I will show you how to take an order by clicking on Proceed to Long and then clicking on Confirm Order.
[05:05] The order was placed successfully.  I will scroll.  Open positioning is visible here. USDT is a pair.  The margin has gone so much. And look at this dollar, that is, the unrealized profit and return that I am getting is happening
[05:20] in USDT only.  So here, as much as this order keeps going up, my Solana pair keeps going up from this point, then whatever profit I make will be directly in USDT only.  And if I close it by
[05:35] whatever profit I have made or whatever loss I have suffered will be set in my wallet. Now let me come back here and show you 5 point some funds were already in my wallet because I placed a
[05:49] sell out order here very early.  So look, I had a loss of just 0.3 dollars here. So accordingly these funds are visible in my wallet. So that's how USDT margin works.  First of all you will need USDT in MDX.  Then
[06:04] after that you will have to bring your USDT to your Futures Wallet by clicking on Transfer here and then you will place the order in which your margin will go in USDT.  So all your profit and loss will be
[06:19] in USDT.  And then you will transfer it back. Here you can see your From USDT Futures to USDT Funds option, meaning if you want to move funds from your Futures wallet to your main wallet.  If you want to transfer funds to your bank account, you will have to
[06:34] transfer them from USDT to IAR. So here you will have to move funds from the futures wallet to the main wallet. Like if I click on transfer here, then see from here all my funds are gone. My main wallet is Spot,
[06:47] click on it and here is the Spot icon. Click here to see that USDT has returned to my main wallet.  Now if I want to transfer it to my bank account then I will have to click on it.  You have to click on the cell.  By selecting Sell All and
[06:59] clicking on Sell Now, my USDT will be sold out my USDT will be sold out Ok? Obviously 1% TDS is deducted at the time of its selling.
[07:14] 1% TDS is deducted on the sale of any type of crypto currency. You have to be careful.  As soon as I sell it, my IAR will be created and then that IAR will be added to my wallet.  Let me click on Overview here. I will start seeing those funds in IAR funds.
[07:27] And then simply I can So this is how some USDT futures trading works at MDX.
[07:40] But if you do not want to do this process then you can simply select it here on IAR, now your margin will go to IAR only.  Whatever profit and loss you make will also be in IAR.   The complete procedure will be in IAR only.   There will be
[07:53] no trace of USDT in the middle.  In this way, you can do futures trading in both the currencies i.e. IAR USDT, whichever you wish, on the mdx platform and futures trading contests also keep going on in mdx, in
[08:08] which the winners keep here, some pricing etc. takes place.  You can definitely check these out as well. So the first prize winner gets this car, the second prize winner gets this BMW
[08:24] bike, MacBook Pro M5, the third prize winner gets it and in this way there are up to 10 people who get rewards here, this contest is currently going on.  Look, this contest is currently going on.  Look, this is going to run from 15th June to 29th June.  So
[08:37] if you want to download mdx yourself and use it, then download link in the description and the barcode will also be available here.  Even if you scan it, you will be able to download mdx.  And if you download mdx from my link or by scanning this barcode
[08:51] and deposit funds of ₹2000 or more in your new fresh mdx account, you can do anything with it. Whether you want to do futures trading or spot trading, you can do whatever you want.  You get rewarded here after completing
[09:05] do whatever you want.  You get rewarded here after completing this task of depositing funds of just ₹2000 in crypto, related to trading, related to investing. gold coins or ₹300 worth of bitcoins.  Whenever you
[09:19] download mdrax and complete your task, You can also avail the benefit of this offer. If you have any other question, you can
[09:31] definitely comment.  And if you are stuck somewhere in crypto, stuck somewhere, have any query, any problem and you created my website.  It will be visible here.
[09:46] You will reach my website and by going there you can book a session for yourself as per your convenience.  So if you have any query then you can check it out.  Rest, subscribe to the channel and
[10:05] You can watch it by clicking here.