Master CoinDCX Futures in One Video
45sPromises a complete guide, making viewers curious and likely to stay for the entire clip.
▶ Play ClipAI Summary
This video provides a step-by-step guide on how to trade futures on CoinDCX, covering account setup, leverage, order types, and risk management. The presenter demonstrates a live trade using Bitcoin with 100x leverage, explaining key concepts like isolated vs. cross margin and how to set take-profit and stop-loss orders.
Chapters
1
Introduction and Account Setup
00:00
2
Navigating the F&O Interface
00:46
3
Understanding Leverage and Margin
02:56
4
Placing Orders: Market vs Limit
04:19
5
Executing a Live Trade
06:11
6
Setting Take-Profit and Stop-Loss
08:39
7
Managing and Closing Positions
09:46
8
Funding and Final Tips
11:54
[00:04]
Video Purpose
The presenter claims this video will be the only one needed to learn CoinDCX futures trading.
[00:19]
Account Setup
If you don't have a CoinDCX account, watch the linked video in the description or click the button above.
[00:46]
Accessing F&O
Open CoinDCX, go to the home page, and click on the F&O (Futures & Options) section. Note: Options are not available yet, only futures.
[01:15]
Watchlist and Coin Selection
Click the three lines to open the watchlist. You can add coins like Bitcoin, Ethereum, Solana, etc. Select BTC to start trading.
[01:46]
Benefits of Futures Trading
Benefits include no DK Premium/DK and leverage up to 100x.
[02:01]
Leverage Explanation
Leverage multiplies your capital. Example: ₹1000 with 100x leverage allows a ₹1 lakh trade. A detailed video on leverage and liquidation is linked.
[03:10]
Chart and Timeframes
You can change the chart timeframe (5 min, 15 min, 30 min) and add indicators.
[03:23]
Margin Types: Isolated vs Cross
In INR futures, only isolated margin is available (low risk). In USDT futures, you can choose isolated (low risk) or cross (high risk).
[04:19]
Long and Short Positions
Click 'Long' if you expect price to rise, 'Short' if you expect price to fall.
[04:47]
Order Types: Market vs Limit
Market order buys at current price. Limit order sets a specific price for execution.
[05:42]
Minimum Investment
You can start with as little as ₹1000 using leverage. The myth that you need a large amount is false.
[06:11]
Placing a Market Order
Select market, choose quantity (100% of wallet), set leverage to 100x, and click 'Buy Long'.
[07:18]
Order Confirmation and Position
After placing, the order appears in the F&O section under 'Position' showing entry price, size, and leverage used.
[08:39]
Setting Take-Profit and Stop-Loss
Click 'Add Trigger Price and Stop Loss' to set profit target and loss limit. Example: 3% profit trigger and stop loss.
[09:46]
Managing Positions: Increase, Adjust, Close
Use 'Increase' to add quantity, 'Adjust' to modify, and 'Close' to exit partially or fully.
[11:54]
Closing a Position
Click 'Close', select market, sell 100%, confirm. You'll receive a confirmation mail and notification.
[12:06]
Adding Funds to Futures Wallet
Deposit INR or crypto, then transfer from wallet to Futures Wallet to trade.
The video provides a comprehensive walkthrough of CoinDCX futures trading, emphasizing the use of leverage and risk management. It encourages viewers to watch additional linked videos for deeper understanding of leverage and liquidation.
Clickbait Check
80% Legit"The title promises a trading tutorial and delivers a detailed step-by-step guide, though it overclaims being the only video needed."
Mentioned in this Video
Tutorial Checklist
Study Flashcards (10)
What leverage does CoinDCX offer on futures?
easy
Click to reveal answer
What leverage does CoinDCX offer on futures?
easy
Click to reveal answer
Up to 100x.
01:46
What are the two margin types available in USDT futures?
easy
Click to reveal answer
What are the two margin types available in USDT futures?
easy
Click to reveal answer
Isolated and Cross.
03:23
What is the difference between isolated and cross margin?
medium
Click to reveal answer
What is the difference between isolated and cross margin?
medium
Click to reveal answer
Isolated is low risk, cross is high risk.
03:38
How does leverage work? Give an example.
medium
Click to reveal answer
How does leverage work? Give an example.
medium
Click to reveal answer
With ₹1000 and 100x leverage, you can trade ₹1 lakh.
02:14
What order types are available for futures trading?
easy
Click to reveal answer
What order types are available for futures trading?
easy
Click to reveal answer
Market and Limit.
04:47
What is the minimum amount required to start trading futures on CoinDCX?
easy
Click to reveal answer
What is the minimum amount required to start trading futures on CoinDCX?
easy
Click to reveal answer
As low as ₹1000.
05:56
How do you set a take-profit and stop-loss order?
medium
Click to reveal answer
How do you set a take-profit and stop-loss order?
medium
Click to reveal answer
Click 'Add Trigger Price and Stop Loss' and enter the desired profit and loss percentages.
08:39
What does the 'Increase' option do in a position?
medium
Click to reveal answer
What does the 'Increase' option do in a position?
medium
Click to reveal answer
It allows you to increase the quantity of your position.
09:46
How do you close a position partially?
hard
Click to reveal answer
How do you close a position partially?
hard
Click to reveal answer
Click 'Close', then select the percentage (25%, 50%, 75%, or 100%) to sell.
10:27
What must you do before trading futures?
easy
Click to reveal answer
What must you do before trading futures?
easy
Click to reveal answer
Transfer funds from your wallet to the Futures Wallet.
12:06
💡 Key Takeaways
📊
Leverage up to 100x
High leverage is a key feature of CoinDCX futures, allowing small capital to control large positions.
01:46
🔧
Isolated vs Cross Margin
Understanding margin types is crucial for risk management in futures trading.
03:23
💡
Low Entry Barrier
Dispels the myth that large capital is needed; ₹1000 is sufficient.
05:42
🔧
Setting TP/SL
Demonstrates practical risk management with take-profit and stop-loss orders.
08:39Full Transcript
[00:04] very important for you and I guarantee you that after watching this video you will not need to watch any other video on YouTube because I am going to not need to watch any other video on YouTube because I am going to
[00:19] So first of all, if you do not have an account in Coin DCX then you can watch this video of mine. I will also provide the link in the description of the video. Ok in this video I have explained step by step how to
[00:32] I have also given the link in the description of the video. You can go there and create an account in Coin DCX and I have given the link of this video in the button above. You can see that too. Okay, so if you have a Coin DCX account, then you have to open a Coin DCX
[00:46] account and the home page of Coin DCX will appear to you like this. OK, it will look something like this. After that you will see F& O here. So as soon as you click on the F&O option, the
[01:03] me tell you that the option feature here is not available right now. But here you can take trade in future. Okay, here the interface has opened in front of you like this. So here if you click on the three lines then the
[01:15] watch list will appear in front of you like this. You can add any coin to the watch list here. Or if you go to the All section, many coins will open in front of you. You can see this
[01:28] Bitcoin OK Ethereum Solana DJ Coin. Okay, so I have put watch placement for all of them here. Okay, so you As soon as you click on BTC here, the
[01:46] us talk about what is the benefit of trading here? What is the benefit? So if we talk about the benefits, here you do not get to see DK Premium DK and here you also get to see leverage up to 100x. So
[02:01] what does leverage mean? So here I will explain to you by giving an example what is the meaning of leverage? Ok? So suppose you have
[02:14] gives you leverage up to 100X, then what will happen is that 1000 * 100X leverage, okay you have ₹1000 and you take leverage of 100x i.e. into 100, then this becomes ₹1 lakh,
[02:30] so with ₹1000 you can take a trade of ₹1 lakh and you have ₹10,000 and you take leverage of 100x, then you can take a trade of ₹10 lakh. So this is the
[02:42] meaning of leverage and if you want to know in detail then I have explained it very well I will also provide the link to this video in the description of the video and the link to it will also be popping up in the i button above. So you can watch this video, you can understand well
[02:56] what is liquidation and what is leverage. So now let us come to the point. So here you can see that we have selected BTC here and here the interface has opened in front of you in this manner. Here you can also refer to the chart.
[03:10] From here you can also change the time frame. 5 minutes, 15 minutes, 30 minutes. Ok? Or you can also install the indicator from here. Ok? So here we have come to the BTC section. So if we come down a little, here
[03:23] you will see the interface like this and here you will see isolated margin. then what is it? So friends, here in IAR future you will get to see isolated and in USDT you will get to see isolated and cross
[03:38] margin. So this is what isolated means. If you click here, you will know that this margin is a low risk margin. Ok? So you have to click OK here. and cross margins. So what does cross margin mean? So here
[03:52] I tell you that if you go to USDT future then you will click here. Ok? So you will see two options. Isolated and crossed. That means if you feel that you can take high risk then you have to click on the cross option.
[04:06] But if you want to stay on the safe side here, then you will go to IAR Future and click on Isolated because here only one low risk option is available and that is Isolated. Okay, so we'll
[04:19] chart has opened. So here there are two options long and short. You can see this long and short. So the way buying and selling used to happen in our Indian stock market is the same way that if you think that the
[04:35] price of Bitcoin will go upwards then you have to buy long here and if you think that the price of Bitcoin will go down from here then you have to sell short here. In this way you can trade here.
[04:47] Okay, so this is the basic thing here. So now here we will see how we have to trade in future. Ok? So here the options in front of you will appear like this. Market Limit Okay, so we all know
[05:01] what market means and what limit means, if you do n't know then let me tell you that right now you can see that the price of Bitcoin is 91529
[05:15] trade at this price then here you have to click on the market option, if you want that right now its price is 91529 price is 91529 but it will go to 91420
[05:28] then my order will be executed and then I will buy it. So you can set this price by putting a limit here. And when this price goes down and becomes 91480, your order will be executed at that price.
[05:42] Okay, and the biggest myth people have is that here you can see that here you can see
[05:56] deposit this much money. So it is not like that at all. You can buy Bitcoin with as little as ₹1000 by taking leverage here. Ok? So a very good feature is given here. So we will not put any limit here. So here we will
[06:11] remove the limit option and set it as market, that is, we will buy it at the market price. Ok? So here, as soon as you click on the market option, the interface will open in front of you like this. You have to read it once. After that,
[06:24] As soon as you click on the continue option, an take profit here, place TP, stop loss, then also you can place target stop loss here. Or you can do this later also.
[06:39] interface will open in front of you like this. Now here we have to place the buying order. So how will you apply it? So we think that the price of Bitcoin will go upwards. So here we will click on Buy Long. After that
[06:52] click on Market. Ok? That means we will buy it at this value. we will buy it at this value. After that you have to make it 100 here. Ok? Here if you do 75 it will become 50. That means all the money in your wallet will be
[07:04] used here. So whatever money I have, I am using it here. Ok? So here I have made it full and I am also using 100x leverage with it. After that, here you have to
[07:18] As soon as you place an order here, you will see that your order has been successfully placed here and within a short time, this order will start appearing in your F&O section in position. Okay, so here you
[07:32] can see how many lots you bought. What is your entry price? Ok? And how many sizes did you buy here? How much did you trade? So you can see that trade? So you can see that
[07:47] think that we had very little money here. I told you here that it is ₹1954. So I told you here that we took 100x leverage. So you can see how much of our money was used here?
[08:00] ₹1846 and into this we took a leverage of 100x. So how much trade could we take here ? So you can see that
[08:15] this is the benefit of leverage. So let me tell you that leverage has both advantages and disadvantages here. If you want to know both because it is very important. So the link will be showing in the i button above. I will also provide a link to that video in the video description.
[08:27] You must definitely watch that. What is leverage? What is liquidation? He has explained it very well. So, it is very important to know what you have. So, only after that you will decide how much leverage you want to take. Ok? So,
[08:39] how much leverage you want to take. Ok? So, Once you place an order here. After that, you have to set the trigger price and stop loss here, you can do it from here. Ok? So, now as soon as you
[08:52] click on Add Trigger Price and Stop Loss here, the Ok? Okay, so here you have to enter how much profit you want to take and here you have to enter how much loss you can bear. So I am telling you this for example.
[09:06] Here you can see what trigger price we have entered, 91595, this is an example. Okay, here we entered that there will be a profit of 3% after my entry price. Ok? So we will leave here
[09:20] in stop loss we have put that if we incur this much loss here, then we will exit from here with this much loss. Ok? So after entering this, you have to simply
[09:32] how much profit you want to take and below you have to enter how much loss you click on the confirm option here. Now as soon as you click on the confirm option, the interface will open in front of you like this. You can see. Ok. So
[09:46] we'll go back to position and here are some features. You can see these increase, adjust and close. so what does that mean? So increase means that you feel that I have to increase the quantity here. Ok? You feel
[10:00] that the market is going in an uptrend as I thought. Ok? Bitcoin price is rising and we have bought long. So from here you you go for increase then you can also increase the quantity. Ok? After that, when
[10:14] you click on Adjust, you will see an interface like this. You see an interface like this. You Ok? And if you click on the close option , then close means that you have to
[10:27] So, as soon as you click on the close option , you can see that the interface will open in front of you in this manner. If
[10:41] you want to close your position by selling all the Bitcoins you have purchased, then If you want to maintain your position by selling 50%, 75% or 25% of it, then click here accordingly and click on confirm. Okay, so here
[10:57] with a live example. So you can see this. When you come to your position, you will see here that you are making profit here or if you see loss, then you will see loss here. Okay, and even if you have set the trigger
[11:11] but you feel that I have to close it right now and get out, then you have to click on the close option here. Now as soon as you click on the close option, the interface will open in front of you like this. You have to keep clicking on the market option.
[11:25] Ok? And here you have to sell all the bitcoins you have. So you have to click on 100%. After that click on confirm. Ok? As soon as you you can see that something like this will appear on the screen that BTC market sell order
[11:39] placed, that is, you have closed your position here. You can see this. You will also receive mail in this manner. Ok? Okay and in this way you will also get a notification that your position has been
[11:54] that your position has been cleared here. Okay, so friends, this was a simple process of how you can trade in coin DCX. So I would like to tell you that if you want to add your funds to Coin DCX then
[12:06] from here you can deposit IAR or even crypto. And I you add the funds. After that you have to go here. Okay, after that you have to go to the add fund option here.
[12:21] As soon as you go to the add fund option, if you Ok? By transferring from here, the money that is in your wallet will have to be transferred to the Future Wallet. Only after that you can take trade in future.
[12:34] Ok? Friends, no one tells this in so much detail. So if you liked the video then please like the video and if you have not created an account in Coincx yet then I will also provide the link in the description of the video. You
[12:47] You So brother, do not forget to subscribe to the channel. I will keep bringing such videos. So see you in the next video. Till then take care. Bye. Hail
[13:00] take care. Bye. Hail India.