waveX
  • 🌊Docs
    • πŸš€Key Features of waveX
    • πŸ”±Problem & Solution
    • ⚑WLP (waveX Liquidity Pool)
    • 🍯Reward
  • πŸ—ΊοΈwaveX guide
    • πŸ“’Prerequisites
    • πŸš€How to Trade
    • πŸͺ™How to Earn
  • πŸ“ƒTerms of Use
  • πŸ”—Official links
  • πŸ“„Audit report
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On this page
  • 1. Connect Wallet
  • 2. Go to the Trading Page
  • 3. Select a Market
  • 4. Open a Position
  • 5. Close a Position
  1. waveX guide

How to Trade

1. Connect Wallet

  • You need to connect your wallet to use waveX.

  • Use an EVM-compatible wallet, such as MetaMask.

  • This guide uses MetaMask as an example.

2. Go to the Trading Page

3. Select a Market

  • On the left side, select a market for trading.

4. Open a Position

1) Open Positions

  • Open long or short positions in the trading section on the right.

2) Select Long/Short

  • Choose between a long or short position.

3) Choose Initial Collateral Asset

  • The asset you choose can be automatically swapped to other collateral. Swap fees may apply.

4) Enter Collateral and Leverage

  • Enter the amount of collateral and desired leverage.

5) Review Position Details

  • Review details like position size, fees, and estimated liquidation price.

  • The position size is determined after fees and leverage are applied.

6) Click β€˜Long’ or β€˜Short’

  • For first-time trades, you need to approve the plugin. After approval, proceed by clicking β€˜Long’ or β€˜Short.’

7) Confirm the Transaction in Your Wallet

8) View Open Positions

  • Once the transaction is successful, view your open positions in the 'Position' tab at the bottom left.

5. Close a Position

  • Close your open positions by clicking the 'Close' button.

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Last updated 8 months ago

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