APP
Home > Crypto 101 > Ethereum Derivatives Exchange: The How to Guide >

Ethereum Derivatives Exchange: The How to Guide

Author: Nicolas Tang Date: December 22, 2020

Trading Ethereum Derivatives is extremely easy. Crypto currency markets have ‘boomed’ since 2017. Many companies as well as Investors are even more attracted towards crypto markets. This is the reason they’re always looking for new and profitable ways to make money.

Ethereum Derivatives Trading

Crypto derivatives trading is one of the ways to make money with ease. Therefore, Bitcoin and crypto derivatives are becoming the way of life for serious crypto traders. Different platforms offer various options to trade derivatives.

But before we talk about how to trade ETH derivatives, let’s understand what a derivative actually is?

What Are Derivatives?

A derivative is a contract between two or more parties whose value is based on a pre-agreed underlying financial asset (like a security) or set of assets. Common underlying instruments include bonds, commodities, currencies, interest rates, market indexes, and stocks. An exchange traded derivative is a financial instrument that trades on a regulated exchange whose value is based on the value of another asset

How To Trade Ethereum Derivatives?

Ethereum is a decentralized, blockchain-based, cryptocurrency platform. Trading ETH derivatives is perhaps what everyone of us prefers after Bitcoin. On Phemex you can simply do it in 3 simple steps.

(Curious about ETH 2.0? Read here to discover the complete timeline of ETH 2.0)

Sign Up & Verify Your Account

Signing up on Phemex is very simple and easy as any other sign up procedure. All you have to do is just provide your email and choose a password. Secondly, you’ll need to verify your email by submitting the 6-digit code sent to you in your mail address. And Boom! you’re ready to go.

Deposit USDT

Whereas, to Buy or Sell an ETH contract, you’ll need to Fund your Phemex account with USDT. Simply, go to your wallet and transfer some USDT or buy USDT Directly to start trading and profit from the ups and downs of the market.

Start Trading ETH Contract

Moreover, to trade an ETH contract on Phemex, simply head over to the ‘Trade’ section on ‘Top Left’ of your screen and click Trade. It’ll take you to the market section where you can choose what and how you want to trade.

As always, with any financial instrument, do your own research, practice before you risk real money, and never risk more than you can afford to lose.


For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
start trading start trading start trading

Register On Phemex Now To Begin Trading

Register On Phemex

More Articles

Safeguarding Assets as a Crypto Exchange

Safeguarding Assets as a Crypto Exchange

Alan W. | January 6, 2023

Crypto Vesting and Cliffs

Crypto Vesting and Cliffs

Alan W. | December 12, 2022

What Is Bitcoin Mining?

What Is Bitcoin Mining?

Jeffrey Craig | November 20, 2022

Subscribe Phemex

Get The Latest News And Updates From Phemex!

Get The Latest News & Updates!