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Derify Protocol Documents
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About us
About Derify protocol
Key Features
Getting Started
Tutorial
Connect Wallet
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Open Positions
Close Positions
Rewards
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DRF Token
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Token Burned
Derify DAO
Overview
Governance Committee
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Whitepaper
Introduction
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Tokenomics
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Open Positions
Trading functions are on the right of the exchange screen.
The top left corner is the type of orders.
If you want to open positions with market price, use "
Market Order
", if you want to set a certain price as trading price, use "
Limit Order
"
The top right corner is the leverage.
Default setting is 10x, you can choose from 1x, 2x, 3x, 5x and 10x.
If you choose Limit order, you can set your order price in the "
Opening Price
" blank.
If you choose Market order, the opening price is locked as market price.
After setting price and leverage, you can set opening amount in the bottom.
You can choose between three units of measurement: USDT amount, asset amount and percentage, margin amount is set as default.
With the moving blocks, you can easily set the percentage (of your current balance) used to open positions.
You can open three types of positions:
Long Position, a long position with 100% of the set amount at the set price,
Short Position, a short position with 100% of the set amount at the set price,
Two-Way Position. a long position with 50% of the set amount at the set price plus a short position with 50% of the set amount at the set price.
Click one of the three buttons, the confirmation screen will pop-up.
After you confirm all information of this trade, click "OK" to confirm the trade of opening position.
It takes a while for the transaction to be confirmed. After successful opening, you can find your current positions on the bottom of the screen.
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Last modified
5mo ago
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