How to Trade Futures

How to Trade Futures

Introduction

Welcome to your comprehensive guide to trading on Unocoin, the advanced yet user-friendly crypto futures trading platform designed to cater to traders of all levels. From setting up your personalised watchlist to executing trades with confidence, this guide will provide you with all the information you need to navigate and utilise the Unocoin Futures trade terminal to its full potential. 

The Unocoin Futures terminal is an INR-settled perpetual futures platform where all contracts are quoted and settled in Indian Rupees (INR). All contracts on the platform are Perpetual — meaning they have no expiry date.

 


 

Section 1: Logging In and Accessing the Futures Terminal

Getting Started

1. Navigate to https://unocoin.com/in/home?type=login.

2. Enter your registered Phone Number or Email and Password.

3. Click Sign In.

4. Enter the Six-digit OTP sent to your registered mobile number and click Continue.

5. Upon successful login, you will land on the Dashboard.

6. From the left sidebar, click on Futures to access the Futures terminal.

7. Alternatively, navigate directly to: https://unocoin.com/in/futures/inr/btc

 

 Section 2: Understanding the Futures Page Layout

The Unocoin Futures terminal is divided into the following key panels:

 

 

Section 3: Monitor the Watchlist Panel

Available Trading Pairs

Click the BTC-INR ▼ dropdown in the header to open the full watchlist. Unocoin currently offers the following Perpetual Futures contracts:

 

Symbol

Contract Type

Max Leverage

BTC-INR

Perpetual

Upto 75x

ETH-INR

Perpetual

Upto 75x

SOL-INR

Perpetual

Upto 75x

ADA-INR

Perpetual

Upto 25x

BCH-INR

Perpetual

Upto 25x

SUI-INR

Perpetual

Upto 25x

XLM-INR

Perpetual

Upto 10x

XRP-INR

Perpetual

Upto 10x

BNB-INR

Perpetual

Upto 10x

DOGE-INR

Perpetual

Upto 10x

LTC-INR

Perpetual

Upto 10x

HBAR-INR

Perpetual

Upto 10x

ZEC-INR

Perpetual

Upto 10x

TRX-INR

Perpetual

Upto 10x

LINEA-INR

Perpetual

Upto 10x

 Watchlist Columns Explained:


1. Symbol — The trading pair (Base Asset – INR)
2. Contract Type — All contracts on Unocoin are Perpetual (no expiry)
3. Max Leverage — The maximum leverage available for that pair
4. Price — Current last traded / mark price
5. 24H Change — Percentage change over the last 24 hours (Green = positive, Red = negative)

How to Switch Contracts

1. Click the pair name dropdown (e.g., BTC-INR ▼) in the top header bar.

2. A full-screen watchlist will appear showing all available perpetual pairs.

3. Click on the desired pair (e.g., SOL-INR) to load its chart and order book.

 


 

Section 4: Understanding the Market Info Header Bar

Once a contract is selected, the top header displays real-time data for that contract:

 



Field

Value (BTC-INR Example)

Description

Mark Price

₹68,01,360

Reference price used for unrealized P&L and liquidation

Index Price

₹68,03,423

Derived from major spot exchanges (may show -- for some pairs)

24H Change

-1.329% 

Percentage price movement over the past 24 hours

24H Low

₹67,61,088

Lowest traded price in the past 24 hours

24H High

₹69,94,416

Highest traded price in the past 24 hours

24H Vol (BTC)

1.75 L

24-hour trading volume in BTC (base asset)

24H Vol (INR)

₹119896.07 Cr

24-hour trading volume in INR (quote currency)

Funding Rate / Countdown

0.0064%/ 01:32:14

Current funding rate and time to next funding settlement

 What is Funding Rate?

In perpetual futures, funding rates are periodic payments between long and short holders to keep the contract price aligned with the spot market. A positive rate means longs pay shorts; a negative rate means shorts pay longs.

 


 


Section 5: Making Use of the TradingView Chart Panel

Conducting Technical Analysis

The TradingView chart panel (centre of the terminal) provides a fully integrated, professional-grade charting experience. Unocoin uses TradingView for BTC/INR candlestick charts and supports a comprehensive range of tools.

 

Available Timeframes:

 

Short-term

Mid-term

Long-term

5m

1h

D (Daily)

15m

4h

W (Weekly)

30m


M (Monthly)

 The 4H timeframe is highlighted as the default/active view for BTC-INR.

 


Chart Toolbar Features:

  •  Chart Types: Candlestick, Bar, Line, Area, Hollow Candles, Heikin Ashi, etc.

  • Drawing Tools: Trend Lines, Fibonacci Retracement, Channels, Pitchfork, Shapes, and more

  • Indicators (fx): 100+ built-in indicators including RSI, MACD, Bollinger Bands, Volume SMA, EMA, etc.

  •  Multi-chart layout toggle

  •  Undo / Redo support

  • Hotlist / Heatmap views

 

Steps for Chart Analysis

1. Select a contract from the watchlist dropdown (e.g., BTC-INR).

2. Select your preferred timeframe using controls at the top of the chart (5m 15m 30m 1h 4h D W M).

3. Choose your preferred chart type using the chart type selector icon.

4. Click the `fx` (Indicators) button to add technical indicators relevant to your strategy.

5. Use the drawing tools (left edge of the chart panel) to mark important price levels.

6. Review OHLCV data shown in the chart legend: O Open, H High, L Low, C Close, Volume.

7. Apply your analysis to formulate a clear trading bias before placing an order.

 

Section 6: Utilising the Order Book Panel

Understanding Market Depth

The Order Book panel (right side of the chart area) shows real-time bids and asks for the selected contract. Three view modes are available via toggle buttons:

 

  • 🔴🟢 Both — Shows asks (red) on top, bids (green) on bottom with the last traded price in between

  • 🟢 Bids Only — Shows only buy orders

  • 🔴 Asks Only — Shows only sell orders

  •  B/S% Bar — A horizontal bar at the bottom showing the ratio of Buyers vs Sellers (e.g., B 40.93% | S 59.07%)

 

Order Book Columns:

 

Column

Description

Price (INR)

The price level in Indian Rupees

Size (BTC)

Quantity of the base asset available at this price

Sum (BTC)

Cumulative quantity from the top of the book

 



Reading the Order Book:

  • 🔴 Red rows (Asks/Sell Orders): Prices at which sellers are willing to sell BTC

  • 🟢 Green rows (Bids/Buy Orders): Prices at which buyers are willing to buy BTC

  • ▲ Last Traded Price (e.g., ▲ ₹68,02,080) — The most recent trade execution price, displayed prominently in the middle

 

💡 Tip: Click on any price level in the Order Book to auto-fill that price in the Limit order input field in the Order Placement panel.

 

1. Locate the Order Book panel to the right of the chart.

2. Ensure the "Order Book" tab is selected (vs. "Trades").

3. Observe red (asks) and green (bids) price levels.

4. Check the B% vs S% bar at the bottom to quickly gauge overall buying vs selling pressure.

5. Use large-volume price levels as potential support (bids) and resistance (asks) zones.

 


 

Section 7: Keeping Track with the Trades Panel

Monitoring Real-Time Trade Activity



Click the "Trades" tab (next to Order Book) to view all recently executed trades on Unocoin.

Trades Panel Columns:

 

Column

Description

Price (INR)

The price at which the trade was executed

Qty (BTC)

The quantity of the base asset traded

Time

Timestamp of the trade execution

 

  • 🟢 Green entries — Buyer-initiated (buy/long) trades

  • 🔴 Red entries — Seller-initiated (sell/short) trades

 

Interpreting Trade Flow

1. Click the "Trades" tab in the Order Book / Trades toggle panel.

2. A live stream of recent trades will appear, newest at the top.

3. A succession of green entries indicates strong buying pressure.

4. A succession of red entries indicates strong selling pressure.

5. Use this in conjunction with the Order Book for a complete view of market sentiment.

 


 

Section 8: Executing Trades in the Order Placement Panel

Taking Action — The Order Form

The Order Placement panel is located on the far right side of the terminal. This is where you configure and submit all your trades.

 


 

Step 1: Select Margin Mode

The Isolated Margin Mode is displayed at the top of the Order Placement panel.

 

Margin Mode

Description

Isolated Margin

Risk is limited to the margin allocated specifically for that trade. If the position is liquidated, only the allocated margin is lost. 

  





 

Step 2: Set Your Leverage

  • The current leverage (e.g., 75x) is shown next to the Margin Mode label.

  • Click the leverage button to open the Leverage Adjustment modal with a slider.

  • Available leverage varies by asset:

Asset

Maximum Leverage

BTC-INR

75x

ETH-INR

75x

SOL-INR

75x

ADA-INR

25x

BCH-INR

25x

SUI-INR

25x

XLM-INR

10x

TRX-INR

10x

ZEC-INR

10x


⚠️ Risk Warning: Higher leverage amplifies both profits and losses. At 75x leverage, a mere 1.33% adverse price movement can liquidate your entire position. Beginners are strongly advised to start at 1x–5x leverage.

 


 Step 3: Choose Your Order Type

Unocoin supports four order types, selectable via tabs in the Order Placement panel:

 

Order Type

Description

Market

Executes immediately at the best available market price. Fastest execution, no price guarantee. (Default)

Limit

Executes only at your specified price or better. Allows price control; may not fill immediately.

Stop Limit

A limit order that is triggered once the asset reaches a specified stop price. Two-step: Stop Price → Limit Price.

Stop Market

A market order triggered when the asset reaches a specified stop price. Guarantees execution but not price.

 






 

Step 4: Enter Order Details


For Market Orders (Default):

1. Check your Available Balance (e.g., Avl. Balance: 756367.62 INR).

2. Enter the Quantity (in BTC for BTC-INR contracts).

  • Minimum order: 0.002 BTC

  • Maximum order: 50 BTC (shown as Max Qty: 50 BTC)

3. Use the quick percentage buttons to set order size as a fraction of your margin:

  • 25% | 50% | Max

4. Review the INR equivalent shown below the quantity input (~ ₹13,598.27 updates dynamically).

 

For Limit Orders:

1. Enter the Limit Price at which you want your order to execute (in INR).

2. Enter the Quantity (in BTC).

3. Use the percentage shortcut buttons as above.

 

For Stop Limit / Stop Market Orders:

1. Enter the Stop Price — the trigger price that activates the order.

2. For Stop Limit: also enter the Limit Price for the subsequent limit order.

3. Enter the Quantity.

 

Optional Risk Controls:


  • Set Take Profit / Stop Loss — Check this box to attach TP/SL at order placement time. Enter your target price (Take Profit) and/or maximum loss price (Stop Loss).


Step 5: Review Risk Metrics

Before submitting, review the risk summary displayed below the order inputs:

 

Metric

Description

Margin Required

The INR margin needed to open this position at chosen leverage

Margin Ratio

Your current margin utilisation ratio (e.g., 0.00%)

Maintenance Margin

The minimum margin required to keep the position open

Margin Balance

Your total available margin balance

 


💡 Tip: Click "View Fees Info" next to Margin Required to see the exact trading fee structure.

 


 



Step 6: Execute the Trade

 

Button

Action

Buy / Long 🟢

Opens a Long position — you profit if the price rises

Sell / Short 🔴

Opens a Short position — you profit if the price falls

 ⚠️ Double-check your Margin Mode, Leverage, Order Type, Quantity, and TP/SL settings before clicking the execute button.

 


 

Section 9: Managing Your Trades with the Bottom Panel

Your Account Dashboard

The bottom panel (Full width, below the chart) contains tabs for managing all your trading activity:

 

Tab

Description

Open Positions

All currently active positions with live P&L. The badge shows the count (e.g., 2).

Open Orders

Orders placed but not yet filled (pending limit/stop orders).

Order History

All completed, cancelled, or expired orders.

Trade History

All executed (filled) trades.

Transaction History

All account-level fund movements (deposits, withdrawals, funding payments).

 


 Open Positions Tab — Column Reference

 

Column

Description

Symbol

The trading pair (e.g., BTCINR, ZECINR)

Direction

L = Long (Buy), S = Short (Sell)

Contract Type

Perp = Perpetual

Leverage

The leverage applied to this position (e.g., 10x)

Qty

The position size and its INR value (e.g., 1 ZEC/ ₹29.030)

Entry Price

The average price at which the position was opened

Mark Price

Current mark price used for P&L calculation

Liq. Price

The price at which the position will be forcefully liquidated

Margin Ratio

Current margin usage for this position (e.g., 15.02%)

Unrealized P&L

Current profit or loss if the position were closed at the mark price

 


Example Active Positions :

 

Symbol

Dir

Leverage

Qty

Entry Price

Liq. Price

Margin Ratio

Unrealized P&L

BTCINR

L

75x

0.02

BTC

₹68,09,732

₹67,44,320

20.11%

+₹4 (+2.51%)

ZECINR

L

10x

1 ZEC

₹29,030

₹26,600

15.02%

+₹1 (+0.03%)

 

Total Unrealized P&L: +₹5.20 (+0.17%)

 

Managing Open Positions

1. View All Positions: Go to the Open Positions tab to review all active trades.

2. Monitor P&L: The Unrealized P&L column updates in real time.

3. Close Positions: Use the Close button on the right side of each position row to partially or fully exit.

4. Emergency Exit: Click "Close All" (red button, top-right of positions table) to close all open positions at market/limit price.

5. Add TP/SL: Use the TP/SL column to set or modify Take Profit and Stop Loss targets for each position.

 

Managing Open Orders

1. Go to the Open Orders tab.

2. All pending limit/stop orders are listed here.

3. Use the Cancel button to remove any unfilled order.

 


 Section 10: Key Trading Concepts and Platform-Specific Notes

Perpetual Contracts

All Unocoin Futures contracts are Perpetual — they have no expiry date. You can hold a position indefinitely as long as your margin remains sufficient. Periodic Funding Rate payments keep the contract price anchored to the underlying spot price.

 

INR Settlement

All contracts are denominated and settled in Indian Rupees (INR). This means:

  • Deposits, withdrawals, and P&L are all in INR.

  • No need to hold USDT or other stablecoins.

  • Directly use your INR balance from your Unocoin wallet.

 

Minimum Order Size — BTC-INR

  • Minimum Quantity: 0.002 BTC

  • Maximum Quantity: 50 BTC per order

 

Buy/Sell Pressure Indicator

The Order Book panel features a B% / S% ratio bar (e.g., B 48.24% | S 51.76%) that provides an instant visual summary of the current buying vs selling pressure in the order book.

 


 

Section 11: Conclusion

You are now fully equipped to navigate and trade on the Unocoin Futures platform. This guide covered:

 

1.  Logging in and accessing the Futures terminal

2. Watchlist — 15+ perpetual pairs, all INR-settled

3. Market Info Header — Mark Price, Index Price, 24H metrics, Funding Rate

4. TradingView Chart — 8 timeframes, full indicator suite

5. Order Book — Bids, asks, depth, B/S ratio bar

6.Trades Panel — Real-time executed trade feed

7. Order Placement — 4 order types, leverage up to 75x, TP/SL controls

8. Bottom Panel — Positions, Orders, History management