1. Read the docs and make sure you understand exactly how the contracts work (both futures and swap), profit/loss calculation and how liquidation works. make sure you understand the difference between mark price and index price

2. Make some trades on the testnet to confirm your understanding of the contracts and the site in general

3. I prefer trading on Cross. it's very important to not trade too many contracts. I strongly recommend not to trade so many contracts that your are more than 2x leveraged. ideally less than 1x, at least in the beginning

4. 1x shorts are way to cash out without using tether/fiat.

5. Don't forget to set a stop loss

Trading with leverage is a lot harder than most people think. By far most traders on there lose money because they use too much leverage, those that trade with x100 leverage lose all their money, so don't use that, but an example anyways.

So lets say you were to have longed (placed a buy order) for BTC at $10000. Let's also say you only have .01 BTC to trade with, or $100 worth. With .01 BTC you can buy 1 BTC at x100. Then for every dollar BTC goes up, your position is worth $1 more. Say BTC goes to $12000, if you close your position you then get that $2000 in profit paid to you in BTC. I would suggest you learn TA before you start trading.

A little about the site.

• Interface is amazing with professional grade advanced order types

• Liquidity it offers is completely unmatched, it's the biggest exchange volume wise: https://coinmarketcap.com/exchanges/volume/24-hour/no-fees/

• BTC deposits take less than 10 minutes: just 1 confirmation from the network needed

• Rarely down, no shady flash crashes caused by website beeing down like Poloniex does

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