Open a position

  1. 1.
    Click to go to the "Trade" page:
  2. 2.
    On the left side is the price chart; on the right side is the trading operation panel, the first two at the top are leveraged trading options, respectively Long, and Short.
  3. 3.
    After choosing to go long or short, the next row of buttons are: Market (to trade at market price), Limit (set your own trading price), Trigger (stop-loss and take-profit orders)
  4. 4.
    This tutorial explains how to open a long BTC position using a market order as an example.
  5. 5.
    Next select the tokens you want to pay and the amount, as well as the tokens you want to go long.
  6. 6.
    Set the leverage you want to use. EDE supports up to 50x leverage.
  7. 7.
    Confirm the details of the order. - Profits In: Long orders end up getting the token that you long; short orders end up getting $BUSD - Liq. Price: The higher the leverage, the closer the liquidation price is to the opening price (Entry Price), and the greater the risk of being liquidated.
  8. 8.
    If you are using EDE's leverage trading feature for the first time, you will need to enable the leverage feature and approve the tokens you are paying for before opening a position.
  9. 9.
    Now you can click the "Long BTC" button to go long BTC.
  10. 10.
    Confirm the order information again in the pop-up window, and then click the button below to execute the order.
  11. 11.
    Successfully executed orders will appear in the "Position" section in the lower-left corner of the "Trade" page.