Open/Close Futures Position
Tutorial on how to open and close Futures Position
Last updated
Tutorial on how to open and close Futures Position
Last updated
OPEN FUTURES POSITION
Step 1: Link your wallet with the app by simply selecting the "Connect Wallet" button located in the top-right corner of the application.
Step 2: Go to the Futures Page, and on the left, select the pair you wish to trade. To place an order, either type the number of orders or adjust the leverage by clicking the boxes. You can also change the leverage by dragging the slide bar. Then simply click on the “Place Order” button. You can complete the transaction by confirming from your wallet.
Step 3: The position you hold will be listed below the chart. Also, next to the Position tab, there is the Open Order and Trade History tab. The Open Order shows the unfilled orders, such as Limit Orders. The Trade History lists your previous trading activities.
CLOSE FUTURES POSITION
Step 1: Go to the Futures Page. On the right, click Short. Then, choose the amount of position you want to close by entering the amount or changing the leverage. Click Place Order to execute the closing order.
Step 2: You can also close your position by clicking the “Close” button on the Positions list, which will be closed according to the market price.