OFFCODE futures guide
How each part of the platform works, with numbers checked on 5 September 2026. If anything here differs from what the screen shows, the screen wins — and the mistake is ours.
1. What a perpetual is
A perpetual contract tracks an asset's price and never expires. You are not buying bitcoin: you are taking a position on where its price goes, posting margin as collateral. Get the direction right and the gain is on the full position size — not on the margin. Get it wrong and so is the loss.
That is what leverage does: it multiplies both sides. At 10x, a 1% move in price moves 10% of your margin. A 10% move against you wipes it out.
2. How it works here
OFFCODE perpetuals settle in USDT. There are 147 crypto markets, 54 stock, ETF and commodity markets (tradfi) and 2 companies that have not gone public.
Maximum leverage is per market, not per platform. "Up to 300x" describes exactly one market; 69 of the 147 crypto markets cap at 5x. The full distribution, counted on the day, is in Leverage is set by the market — and the ceiling that applies is the one the terminal shows for the open pair.
3. Isolated and cross margin
Isolated: only that position's margin is at risk. If it liquidates, the rest of your balance stays put.
Cross: the whole account collateral backs the position. It survives more before liquidating, but a liquidation reaches everything you hold in the futures account.
Same screen, two different risks. Choose before opening — switching with a position open is not always accepted.
4. Opening a position
Two order types, and only two:
Market — fills now, at whatever the book offers. You are certain of the fill, not of the price.
Limit — fills only at your price or better. You are certain of the price, not of the fill: if the market never gets there, the order waits.
In both, you can set a take profit and a stop loss along with the entry. They become orders that close the position on their own when price gets there. They are optional on purpose — but a leveraged position without a stop depends on you watching.
Mind the direction: on a long, the take profit sits above the entry and the stop below. On a short, the reverse. On the wrong side, the trigger fires the instant it is created and closes the position at a loss — the platform refuses before sending, but it is worth understanding why.
5. Liquidation
If price moves against you far enough that margin no longer covers the position, it is liquidated: force-closed, and the margin is gone. The terminal shows the liquidation price for every open position — it is the most important number on the screen.
The higher the leverage, the closer it sits. At 5x, price has to fall by roughly a fifth; at 100x, under 1% is enough.
6. Closing
The close button sends a market order in the opposite direction, for the exact size of the position. The result — profit or loss — hits your balance immediately.
One detail worth knowing: there is no house margin floor. The minimum is the venue's, per market — the smallest on the board is 5 USDT of notional. A very small position can become hard to exit, and that is what the opening minimum is for: leaving room for the way out.
7. What it costs
Entry fee: 2% of margin, charged on open, and the same proportion on close. On US$ 100 of margin, that is US$ 2 each way.
Execution fees (maker and taker), charged on every executed order, per the current fee table.
There is no hidden fee: what the order preview shows is what leaves your balance. And funding — the periodic payment between longs and shorts, which belongs to the market and not to us — shows up in the futures account statement.
8. Money in and out
Deposit in crypto, across nine networks and 21 coins — the list, with each network's confirmations, is in The network is part of the address —, or in Brazilian reais via PIX. The balance appears in the wallet after the network confirms — that timing is the network's, not ours.
To trade futures, USDT has to sit in the futures account: the wallet has a transfer button between spot and futures, both ways.
Withdrawals in crypto, to any address on the network you pick. Check the network before confirming — an address from one network pasted into another network's withdrawal is money gone, and no exchange undoes that.
9. What else is on the platform
Spot — buy and sell outright, routed through a decentralised liquidity aggregator. You see the quote and the cost before confirming.
Convert — a direct swap between two assets, no order book. Simpler than spot when you just want to turn A into B.
Copy trading — you pick a trader and start replicating their perpetual trades in your own account, sized against your balance. The trader sets their own fee, from 0 to 30% of profit, charged on profit only and above the high-water mark. The fee that applies is the one you accepted.
Referrals — your link and what it has earned live on the referrals screen.
10. Security
Turn on two-factor authentication. It is required for withdrawals and sensitive actions, and it is what stands between your account and whoever learns your password.
The security screen lists every active session — each device signed into the account — and lets you end the ones you do not recognise.
The warning this guide closes with
Leveraged derivatives are the fastest way to lose money available to retail. There is no guaranteed return, no risk-free trade and no strategy that only wins. The leverage that multiplies the gain multiplies the loss by the same number, and liquidation does not ask permission.
Trade with what you can afford to lose entirely. If that sentence stings, the size is too large.
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