How to Start Futures Trading?
Last updated
Last updated
In this guide, we will walk you through the process of starting futures trading using the BNB-USDT trading pair with a 10X leverage.
Start by clicking on the trading pair "BNB - USDT." The chart for this trading pair will appear in the middle of the dApp, while the margin trading operation panel will be on the right side. Adjust the trade conditions according to your risk appetite, such as choosing between long or short positions, selecting the leverage level, and depositing margin funds.
2. Select the "Long BNB" option and use the slider to adjust the leverage to 10X.
Once you have granted permission, choose "Long BNB" again and set the leverage to "10X." A confirmation page from MetaMask will appear. Please review the information provided. If you are satisfied, click the "Confirm" button to submit the transaction.
To view your trades, click on "My Trades" in the menu bar. If you wish to close your position, you can click on "Close." You have the option to close a partial portion of your position by entering a specific amount in the "Input Amount" field or selecting a percentage. To avoid liquidation of your position, you can add additional margin by clicking on "Add Margin" and specifying a number or percentage based on your available wallet collateral.
