Getting Started with Trading
Last updated
Last updated
Step 1: Select a Trading Pair
At the top left of the Futures page, you'll find the current trading pair displayed (e.g., BTC-USD for Bitcoin priced in USD). Click on it to open the pair selection menu and choose a different asset, such as ETH-USD for Ethereum.
Leverage allows you to amplify your trading position by borrowing funds. To set your leverage:
Locate the Leverage box next to the chart (e.g., it may display "Cross 5x," depending on the trading pair).
Click the Settings icon or select Adjust Leverage.
Use the slider or enter a specific number:
1x: No borrowing (lowest risk).
5x: Borrow 5 times your funds (a balanced choice for beginners).
20x or higher: High risk—recommended only for experienced traders.
Click Confirm to apply your leverage settings.
💡 Tip: Start with 1x or 5x. High leverage increases potential profits but also raises the risk of liquidation if the market moves against you.
Margin Options
When selecting leverage, you can choose between two margin modes:
Cross Margin: Uses your entire Futures wallet balance to support your position, reducing the risk of immediate liquidation but exposing your full balance.
Isolated Margin: Limits risk to only the assigned amount for a specific trade, offering better control but higher liquidation risk.
Choose the margin mode that best suits your risk tolerance before entering a trade.
In the trading panel on the right, you'll find different order types, such as Limit and Market. Choose the one that fits your strategy:
Market Order: Executes immediately at the current market price (ideal for beginners).
Limit Order: Allows you to set a specific price to buy or sell; the order will only execute when the market reaches that price.
Go Long (Buy): If you believe the price will rise, click the green Buy button.
Go Short (Sell): If you expect the price to drop, click the red Sell button.
Example:
If BTC is $50,000 and you think it will increase to $52,000, place a Long order.
If you believe BTC will decrease to $48,000, place a Short order.
Below the Buy and Sell buttons, enter the amount you want to trade. You can manually input a number or use the slider:
25%: Uses 25% of your Futures wallet balance (e.g., if you have $10, this would be $2.50).
100%: Uses your entire balance (high risk—avoid this as a beginner).
💡 Tip: Start small (e.g., 10-25% of your balance) to test your strategy.
You'll also see your Margin (the amount at risk) based on your selected leverage. Be sure to review this before confirming your trade.
Before finalizing your trade, double-check the following details:
Leverage (e.g., 5x)
Trade Amount (e.g., 25% of your wallet balance)
Order Type: Long (Buy) or Short (Sell)
Placing Your Order:
Market Order: Click “Buy/Long” or “Sell/Short” to execute the trade immediately.
Limit Order: Enter your desired price (e.g., $51,000 for BTC), then click “Buy/Long” or “Sell/Short” to place the order.
A confirmation pop-up may appear—click “Place Order” to confirm your trade.
To track your open positions, navigate to the "Positions" tab at the bottom of the screen.
Here, you’ll find:
Trading Pair (e.g., BTCUSD)
Size:
Green → Long (Buy)
Red → Short (Sell)
Position Value: The total value of your trade
PNL (Profit & Loss):
Green → Profit
Red → Loss
Close Options:
Market → Close immediately at the current price
Limit → Set a target price to close the trade automatically
💡 Tip: Use the "Stop-Loss" feature to automatically exit your trade and minimize losses if the price moves against you.