Your first trade

A trade is a bet on the direction of Bitcoin or Solana. Long wins when the price goes up; short wins when it goes down.

Open a position

1. 1Pick a marketBTC or SOL, from the trade page.
2. 2Pick a sideLong or short.
3. 3Set collateral and leverageCollateral is what you put in. Leverage multiplies it into the position size, up to 10x.
4. 4Read the ticketBefore you press anything it shows the size, the price you fill at, the liquidation price and the most you can lose.
5. 5OpenIf your balance is short, the button deposits the difference and opens the position in one go.

Close it

Press Close on the position. Your collateral comes back right away, plus the profit or minus the loss. Profits are paid from the market's pool; see Pools and payouts.