What are USDT-Margined Delivery Futures and How to Trade Them on the XT Platform

What are USDT-Margined Delivery Futures?

Key Features of USDT - Margined Delivery Futures

• Use of USDT as Margin and Settlement Unit
  Traders can participate in trading using USDT, with all profits and losses settled in USDT. There is no need to hold the underlying asset, making profit calculations more straightforward.
• Clear Expiration and Delivery Mechanism
  The delivery futures have a set expiration date (e.g., weekly, monthly, or quarterly). At expiration, open positions are settled based on the arithmetic average price of the index during the last hour, instead of via physical delivery (no actual delivery of the underlying asset).
• No Funding Fees
  Unlike perpetual futures, USDT - margined delivery futures do not incur funding fees, making them suitable for medium - to long - term holding strategies.
• Suitable for Various Trading Needs
  With clear trading cycles and controlled costs, the delivery futures cater to investors seeking low - cost, planned trading. They are also ideal for speculative trading, arbitrage, or hedging.

How to Trade USDT - Margined Delivery Futures on the XT Platform

1. Log in to your XT account, and in the homepage navigation bar, click on 【Derivatives】 - 【USDT - M Futures】 - 【Delivery】 to enter the trading page.
2. After opening your futures account, you can start using XT's real - time market data and tools.
3. On the trading page, track market movements via live price charts, view the order book and position details, and stay informed about market dynamics. Place and complete orders on the right - hand side of the screen.
4. Use USDT as the Margin. For example, you can trade BTC/USDT, ETH/USDT, and other pairs. If your USDT balance is insufficient, click [Transfer] to move assets from your spot account to your futures account, or directly purchase USDT with fiat currency.
5. Place Limit Orders. Once your futures account has sufficient funds, set the price and quantity of the futures. Then, choose [Buy/Long] (bullish) or [Sell/Short] (bearish) and click [Confirm] to complete the order.
6. Leverage up to 50x. XT USDT - margined delivery futures support up to 50x leverage. You can adjust leverage based on initial and maintenance margin requirements to open and maintain positions, as well as switch between Cross Margin and Isolated Margin modes to suit different trading needs.
   • XT offers two margin modes:
     • Cross Margin Mode: Uses all available margins in the account to share risks.
     • Isolated Margin Mode: Allocates margin for each position independently.
   • By default, all traders start with Cross Margin Mode.
7. Set Take - Profit and Stop - Loss. Select [Take - Profit/Stop - Loss] to manage risks effectively:
   • Long (Buy): Anticipate a price increase, buy at a lower price, and sell later at a higher price to earn profits.
   • Short (Sell): Anticipate a price drop, sell at the current price, and buy back later at a lower price for profit.

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