Basic Rules of trading

1.Kine Protocol

Kine is a decentralized protocol which establishes general purpose liquidity pools backed by a customizable portfolio of digital assets. The liquidity pool allows traders to open and close derivatives positions according to trusted price feeds, avoiding the need of counterparties. Kine lifts the restriction on existing peer-to-pool (aka peer-to-contract) trading protocols, by expanding the collateral space to any Ethereum-based assets and allowing third-party liquidation.

2.Where does the price indices come from ?

Kine reads the realtime price feed from Binance,Huobi and OKEX, for each asset, there is a weight combination of the four sources ultimately generates the index price.

3.How to use condition order in Kine Exchange?

Condition order is equivalent function of the limit order function in traditional exchanges. User first sets the trigger price and buy/sell amount when placing an order. When the market price hits the preset trigger price, system will immediately execute the order at market price.

4.How does Stop Loss/Take Profit function works?

After opens a position, trader can set a take profit or stop loss on each of his/her positions. When market price hits the stop-profit price or the stop-loss price, system will immediately close the specified amount the of position at market price. For short positions, the take profit price needs to be lower than the position average open price, and the stop loss price needs to be higher than the average open price. For long positions, the take profit price needs to be higher than the average open price, and the stop loss price needs to be lower than the average open price.

Trade - Perpetual Trading Guidance

1.To start trading, transfer your margin to trading account.

2.Select asset, check its price movement and funding rates at the top-left section.

3.Select Cross Margin or Isolated Margin.

4.Open a position. Choose Buy to open a long position, and Sell to open a short:

5.Choose to place a market order or condition order.

6.Enter the size of the position you want place, the amount of leverage will adjust accordingly. You can also choose the leverage you'd like to use, position size (aka 'amount') will update.

7.Check Positions/Open Orders/Order History:

8.Close positions

Trade - Spot Trading Guidance

Step 1: Accessing the spot trading page

Website: Please navigate to the KINE homepage and click on "Spot" in the navigation bar to access the spot trading page. Alternatively, you can visit the spot trading interface directly by clicking the following link here:

App: Click on "Spot" at the bottom of the homepage to enter the spot trading interface.

Step 2: Choosing a trading pair

Website: The top left corner of the page shows all trading pairs, the current transaction price (quoted in USDT), and the 24-hour change in the trading pair. Currently, the platform supports spot trading for KINE/USDT.

App: Click on the arrow icon in the top left corner to view all trading pairs and select your desired trading pair.

Step 3: Take one order

To find more trading pairs, click on the dropdown icon in the top right corner of the spot trading page:KINE offers two spot trading order methods: Limit order and Market order.

Using the KINE/USDT trading pair as an example, here are the steps:

1、Limit Order

(1) Choose "Limit Order."

(2) Select "Buy" or "Sell."

(3) Enter the amount of KINE to buy/sell, the USDT quantity, or choose the position percentage (switchable between currency and USDT units).

(4) After verifying the input details, click "Buy KINE" or "Sell KINE" to place the order successfully.

2、Market Order

(1) Click "Market Order."

(2) Choose "Buy" or "Sell."

(3) Input the amount of KINE to buy/sell, the USDT quantity, or select the position percentage (switchable between currency and USDT units).

(4) After confirming the input information, click on "Buy KINE" or "Sell KINE" to submit the order successfully.

Step 4: Check history and transfers

(1) To check your holdings, simply view "Position"; to review past orders, check the trade history for order specifics.

(2) Before engaging in spot trading, ensure your "Assets Account" has adequate Assets. If assets are insufficient, deposit USDT or transfer from another account to the "Assets Account" before commencing spot trading.

Last updated