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How to Trade Brent (BRENTOIL)

HIP-3 on SiamDEX · No KYC · Earn in USD

Current Price
$89.04
24h Change
-1.42%
Volume 24h
$95.95M
Open Interest
$261.92M

Brent Crude Oil (BRENTOIL) What is it?

Brent Crude is a major trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide, particularly in Europe and Asia.

Why Trade Brent on SiamDEX?

  • Primary benchmark for Asian oil — more closely aligned with prices used in Thailand than WTI.
  • Trade 24/7 on Hyperliquid HIP-3.
  • Directly linked to Middle Eastern geopolitics.
  • No need for a traditional commodity broker account.

Compare Brent (BRENTOIL) vs Other HIP-3 Assets

AssetPriceVolume 24hOpen Interest24h Change
น้ำมัน Brent (BRENTOIL)$89.035$95.95M$261.92M-1.42%
ทองคำ (GOLD) (GOLD)$4805.5$21.13M$129.23M-0.27%
เงิน (Silver) (SILVER)$80.578$12.69M$92.99M-0.00%
NVIDIA (NVDA)$199.87$2.80M$40.10M+0.12%
Apple (AAPL)$269.8$637.8K$7.58M+0.16%
Tesla (TSLA)$397.47$4.45M$27.47M+0.13%
S&P 500 (SP500)$7084.6$48.34M$447.70M+0.15%
น้ำมัน WTI (CL) (CL)$85.524$256.17M$327.73M-1.03%
XYZ100 Index (XYZ100)$26519.0$23.47M$224.79M+0.19%

⚠️ Risk Warning

Brent oil is highly volatile and influenced by global events, especially Middle East conflicts and OPEC+ policies.

Price History Brent (BRENTOIL)

Last 30 Days

History of BRENTOIL in 5 Minutes — สรุปฉบับย่อ timeline สำคัญ

Timeline

Brent Crude is the pricing benchmark for 65-70% of the world's oil. Named after the Brent oil field in the North Sea discovered by Shell in 1971, ICE Brent futures launched in 1988 and now serve as the reference price for over 80% of oil from Europe, Africa, and the Middle East.

💡

Did You Know?

Although the original Brent field has ceased production, its name remains the global benchmark. It now includes 5 North Sea crudes (BFOET) and even Texas WTI Midland since 2023 to maintain liquidity.

How to Trade Brent on SiamDEX

  1. 1Connect MetaMask and Setup Trading (one-time only)
  2. 2Deposit USDC into Hyperliquid via SiamDEX
  3. 3Select BRENTOIL from Asset Selector (HIP-3 tab)
  4. 4Choose Long (price goes up) or Short (price goes down)
  5. 5Set your Leverage and Margin
  6. 6Click Place Order — order goes directly to Hyperliquid
  7. 7When profitable, Withdraw USDC → MetaMask → Thai Exchange → THB

Frequently Asked Questions about Trading Brent

Q: How much do I need to trade BRENTOIL on SiamDEX?

You can start with a small amount of USDC. We recommend at least 10-100 USDC to test trading and manage risk effectively.

Q: What is the maximum leverage for BRENTOIL?

Depends on HIP-3 settings, but generally up to 20x-50x (check the platform before trading)

Q: How do I deposit USDC into Hyperliquid via SiamDEX?

Connect MetaMask → Go to Deposit/Withdraw → Select deposit from a Thai or global exchange → Follow the simple steps, takes only a few minutes

Q: What are the main risks of trading BRENTOIL perpetual futures?

Price volatility, liquidation risk when using high leverage, and funding rate exposure.

Q: Can I withdraw BRENTOIL profits in Thai Baht?

Yes. Profits are in USDC → Withdraw to MetaMask → Transfer to Thai Exchange → Sell for THB

Q: Is SiamDEX suitable for beginners?

Absolutely. SiamDEX has clear guides in Thai and English, simple steps, and no KYC required.

Ready to Trade Brent ?

Start now or read the guide first

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