Trade BTC and ETH

Trade Bitcoin

You can buy and sell bitcoin in increments of 0.01 BTC with mini swaps. 1 contract = 0.01 BTC, 100 contacts = 1 BTC.

Buy BTC Sell BTC
When you buy bitcoin on FTX US Derivatives, you are paying U.S. dollars now to receive bitcoin at 4pm ET. This next-day bitcoin contract settles at 4pm ET.

1. Navigate to the Buy/Sell Bitcoin tab
2. Click the Buy/Long button on the order book.
3. Enter the number of contracts you want to buy. You can buy BTC in increments of 0.01 BTC, 1 contract = 0.01 BTC. 
4. Review your buy order
5. Click confirm to submit your order. If your trade executes, you will see NextDay-BTC Mini in your positions. The BTC will be available in your account at 4pm ET.

Trade ETH

You can buy and sell ETH in increments of 0.10 ETH with deci swaps. 1 contract = 0.1 ETH, 10 contracts = 1 ETH.

Buy ETH Sell ETH
When you buy ETH on FTX US Derivatives, you are paying U.S. dollars now to receive ETH at 4pm ET. This next-day ETH contract settles at 4pm ET.

1. Navigate to the Buy/Sell ETH tab
2. Click the Buy button on the order book.
3. Enter the number of contracts you want to buy. You can buy ETH in increments of 0.10 ETH, 1 contract = 0.10 ETH. 
4. Review your buy order
5. Click confirm to submit your order. If your trade executes, you will see NextDay-ETH in your positions. The ETH will be available in your account at 4pm ET.

Day Order

Swap orders are canceled if they are not executed before 4pm ET daily.

For example, you enter an order to buy 120 contracts at 8am ET. You are filled on 117 contracts. At 4pm ET you have 3 unfilled open orders. These 3 unfilled orders are canceled at 4pm ET. You purchased 117 contracts.

 

Examples of how to buy/sell next-day swaps

Buy/Long BTC

1. Navigate to the Buy/Sell Bitcoin tab

2. Enter the number of contracts you want to buy, you can do in increments of 0.01 BTC - in this example 4 or 0.04 BTC

3. Enter in the price - look in the order book for current trading prices - in this example: $47,245

4. The total cost automatically calculates for the number of contracts you want, 0.04 BTC or $1,889.80 + fees 0.20 (0.05/contract)

5. Click Buy/Long - receive your BTC at 4pm ET 

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Sell/Short BTC

1. Navigate to the Buy/Sell Bitcoin tab

2. Enter the number of contracts you want to sell, you can do in increments of 0.01 BTC- in this example 2 or 0.02 BTC

3. Enter in the price - look in the order book for current trading prices - in this example: $47,026

4. The total cost automatically calculates for the number of contracts you want to sell, 0.02 BTC or $940.52 - fees 0.10 (0.05/contract)

5. Click Sell/Short - receive USD instantly

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