You can start trading on Mudrex Futures in just a few steps. All you need to do is deposit funds, transfer them to your Futures wallet, and place a trade. Here’s how it works.
1. Deposit
Open the Mudrex app and tap the ‘Deposit INR’ button on the home screen.
Enter the amount you want to add and choose your preferred payment method — UPI or IMPS.
Use your registered bank account to ensure your transaction goes through smoothly.
Once the payment is successful, your funds are automatically converted into USDT, a stablecoin. This USDT appears instantly in your wallet.
2. Transfer
Next, tap the ‘Futures’ icon on the bottom right of the app.
You’ll land on the Futures terminal. Tap ‘Transfer Funds’, choose the amount of USDT to move from your main wallet, and hit ‘Transfer Now’.
Your Futures wallet will now reflect the updated balance — ready for trading across 350+pairs.
Your Futures wallet will now reflect the updated balance, ready for trading across 350+pairs.
3. Trade
Choose a trading pair like BTC/USDT.
Expecting the price to go up? Go long. You can choose leverage — up to 100x — depending on how much risk you want to take. For starters, something like 3x works well.
Select your order type:
- Market Order: executes immediately at the current price.
- Limit Order: lets you set a price to enter the trade.
Enter your trade amount. For example, with a 3x leverage, a $110 order only needs ~$35 in margin.
Set your stop-loss and take-profit to manage your position.
Review your order, and tap ‘Open Trade’.
Understand Your Margin
There are two margin values to know:
- Available Margin: USDT not in use, available for new trades.
- Invested Margin: USDT is currently being used in open trades.
Example: Open a trade with 50 USDT → 50 gets added to Invested Margin, and your Available Margin reduces by 50. This helps you track risk in real time.
You’re now ready to explore crypto futures on Mudrex.
