OWL Goes Live on Bitrue Futures—What You Need to Know

world! If you’re interested in trading OWL and want to know how to get started, this article will guide you through everything you need to know, from what OWL is, to how to trade it on Bitrue Futures.

Key Takeaways:

• OWL Token Overview: Owlto Finance (OWL) is an AI-powered interoperability protocol designed to provide cross-ecosystem liquidity and scalability.
• Bitrue Futures: Bitrue now offers OWL/USDT perpetual futures with leverage, giving traders the opportunity to speculate on price movements.
• Security and Trading: Bitrue provides a secure environment with features like 2FA, cold storage, and easy navigation for both beginners and experienced traders.

If you are interested in crypto trading, explore Bitrue and enhance your experience. Bitrue is dedicated to provide safe, convenient and diversified services to meet all crypto needs, including trading, investing, purchasing, staking, borrowing, and more.

Introduction to Owlto Finance (OWL)

Owlto Finance is an innovative project that leverages AI to solve one of the biggest challenges in blockchain interoperability. The OWL token is the native asset of Owlto Finance and operates as part of an AI-empowered interoperability protocol. 

The protocol’s mission is to bridge different ecosystems and expand liquidity across various types of assets, including native tokens, stablecoins, and real-world assets (RWA).

The core benefit of OWL is that it provides a low-cost, fast, and secure method for executing cross-chain transfers. This allows for smoother interaction between different blockchains, making it easier for users to move assets from one ecosystem to another.

The OWL token’s functionality goes beyond just being a currency. It’s part of a comprehensive solution that tackles liquidity issues, improving scalability and transaction speed across various platforms. If you're wondering where to trade OWL, Bitrue is now offering OWL/USDT perpetual futures a fantastic opportunity for traders to dive into this dynamic token!

OWL Token Contract Address:

0x51e667e91b4b8cb8e6e0528757f248406bd34b57

Read also : Wojak is available on Perpetual Futures Bitrue. Here's how to trade it.

What Are Perpetual Futures?

Before jumping into how you can trade OWL/USDT on Bitrue Futures, it’s important to understand what perpetual futures are. These contracts allow traders to speculate on the price movements of assets like OWL without worrying about expiration dates. 

Unlike traditional futures contracts, which expire on a set date, perpetual futures can be held indefinitely, giving you flexibility in your trades.

Here’s how they work:

• Leverage: You can use leverage to trade larger positions with a smaller amount of capital. This amplifies both potential profits and losses.
• No Expiry: The lack of expiry dates is a key advantage of perpetual futures. You can hold your position for as long as you wish, as long as you meet margin requirements.
• Funding Fees: To keep the perpetual futures price aligned with the spot price of OWL, funding fees are applied at regular intervals (every 8 hours).

Read also : Bitrue Lists New Perpetual Futures Pair: $BREV/USDT Goes Live

How to Trade OWL/USDT Perpetual Futures on Bitrue

Trading OWL on Bitrue Futures is simple and secure. Here’s a step-by-step guide to get you started:

1. Sign Up or Log In to Bitrue

If you’re new to Bitrue, you’ll need to create an account. Simply go to the Bitrue website and sign up using your email or mobile number. If you already have an account, just log in to start trading!

2. Deposit USDT into Your Account

To trade OWL/USDT, you need to deposit USDT into your Bitrue account. You can transfer USDT from another exchange or use the “Buy Crypto” feature on Bitrue if you don’t have any.

3. Access Bitrue Futures

Once your account is funded, navigate to the Futures section on Bitrue. You’ll find OWL/USDT listed there, and it’s easy to start trading once you’re in the right section.

4. Choose Your Position

Now, decide whether you want to go long or go short on the OWL/USDT pair. A long position means you believe the price of OWL will rise, while a short position means you expect the price to fall. You’ll also need to set your leverage, ranging from 1x to 100x, depending on your risk appetite.

5. Place Your Order

After setting your position and leverage, place your order. You can choose between a market order (to execute the trade at the current market price) or a limit order (to set a specific price at which you want to enter the market).

6. Monitor Your Position

Once your order is placed, you can track its performance in real-time. You’ll be able to monitor price changes, funding fees, and the profit or loss of your position. Bitrue’s user-friendly interface makes it easy to follow your trades.

7. Close Your Position

When you’re ready to exit the trade, simply close your position. Whether you’ve made a profit or need to minimize your loss, Bitrue lets you manage your trades quickly and efficiently.

Read also : Flying Ketamine Horse (FKH) on Bitrue Perpetual Futures: Trading Overview

A Short Note for Active Traders

Registering on Bitrue is straightforward:

• Create an account using your email
• Complete basic verification
• Deposit funds and start trading.

If you haven’t signed up yet, now is the perfect time to start trading on Bitrue. With a user-friendly interface, low fees, and a secure platform, it’s one of the best places to trade cryptocurrency futures. 

Conclusion

With OWL now live on Bitrue Futures, there’s never been a better time to dive into this AI-powered interoperability protocol. Whether you're new to crypto or an experienced trader, the OWL/USDT perpetual futures offer a fantastic way to speculate on this innovative token while enjoying the flexibility and security of the Bitrue platform.

So, what are you waiting for? Start trading OWL on Bitrue Futures and explore all the possibilities this exciting new token has to offer!

FAQ

What is Owlto Finance (OWL)?

Owlto Finance (OWL) is an AI-driven interoperability protocol that expands cross-ecosystem liquidity for tokens, stablecoins, and real-world assets (RWA).

What are perpetual futures?

Perpetual futures are contracts that allow you to trade assets without an expiration date. You can speculate on price movements with leverage, making them flexible and accessible.

How do I trade OWL on Bitrue?

To trade OWL/USDT, sign up or log in to Bitrue, deposit USDT, navigate to the Futures section, choose your position, set leverage, and place your order.

What is the funding fee in perpetual futures?

The funding fee is charged at regular intervals (every 8 hours) to ensure that the perpetual futures price stays aligned with the spot price of the asset.

Is Bitrue a secure platform for trading?

Yes, Bitrue employs strong security measures such as 2FA, cold storage, and encryption to protect your assets and ensure a safe trading experience.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.