How do I place a Perpetual Contract Order?

To place your first order, review all the Prerequisites and follow the Procedures.

Prerequisite:

• Please read all of the Basic Trading Concepts articles to become familiar with all the terms and concepts used below.

Procedures:

The Phemex Trading Page offers you three types of orders:

Limit Orders

1. Log in to Phemex.com and click the Contract Trading button.
2. From the Order Module on the left side of the page, select Limit.
3. Set your desired Limit Price and contract Quantity.
4. At the bottom of the module, select either Post-Only, Reduce-Only, GoodTillCancel, ImmediateOrCancel, FillOrKill, or leave untouched depending on your needs.
5. Click Buy/Long or Sell/Short to display a confirmation window.
6. Select a Take Profit or Stop Loss percentage if necessary. If not, then click Confirm.