πŸ’Ή Trading Guide

Understanding Perpetual Contracts

Perpetual contracts allow you to trade assets without owning them directly. You can:

  • Go Long: Profit when prices increase

  • Go Short: Profit when prices decrease

  • Use Leverage: Amplify your position size

  • Trade 24/7: No expiration dates

Available Trading Pairs

  • πŸ”· ADA/USD: Trade Cardano's native token

  • 🟠 BTC/USD: Bitcoin exposure

  • πŸ”΅ ETH/USD: Ethereum trading

  • 🟣 SOL/USD: Solana positions

  • ⚫ XRP/USD: Ripple contracts

Position Management

Once you open a position, you can:

  • πŸ“Š Monitor PnL: Real-time profit/loss updates

  • πŸ’° Add Collateral: Reduce liquidation risk

  • 🎯 Modify Orders: Update Take Profit/Stop Loss

  • πŸ”„ Close Anytime: Exit at current market price

Example Trade Walkthrough

Opening a Long ADA Position:

  1. Setup:

    • Collateral: 1,000 ADA

    • Entry Price: $0.50

    • Leverage: 4x

    • Position Size: $2,000

  2. If ADA rises to $0.60:

    • Price Change: +20%

    • Your Profit: $400 (20% Γ— $2,000)

    • Total Value: $900 (original $500 + $400 profit)

    • Settlement: 1,500 ADA (after fees)

  3. Fees:

    • Open Fee: $7.00 (0.35% of position)

    • Hourly Fee: $0.08 (0.004% per hour)

    • Total Fees: $7.08

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