Trade Perps/Spot

1. Navigate to Perp/Spot trading and select a token. Please note that you can select between prep and spot markets in the token search bar

2. Select Long or Short in the Trade Execution Terminal

Trade Execution Terminal - Perps

1. Longing vs. Shorting: Key Concept

   • Longing: This strategy involves purchasing an asset with the expectation that its value will rise. The goal is to buy at a low price and sell at a higher price to make a profit.

   • Shorting: This involves selling borrowed assets at a high price, hoping the price will drop. The goal is to buy them back at a lower price, return the assets, and pocket the difference.

2. Set size, leverage, & place order

   1. Type in your size in BTC or USD

   2. If you are placing a limit order, add the limit price

   3. Pick your leverage. Leverage availability per token may vary

   4. Optionally add TP/SL points

   5. Place order

3. Monitor your positions