Zeno Exchange
  • πŸ›οΈIntroducing Zeno
  • About Zeno
    • πŸ–₯️Our Product
      • πŸ“ˆLeveraged Trading
      • πŸ’ΉSwap
      • 🏦Market Making (ZLP Vault)
    • πŸ“ˆMarkets
      • Customized Index Market
    • 🦾Protocol & Safety Parameters
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    • πŸ“„Audits & Contracts
    • 🌊Liquidation
  • Tokenomics
    • πŸ’ΈPlatform Tokens
  • Support Center
    • 🚢Step-by-Step Guide
      • Set up One-Click Trading
      • Swap Token
      • Deposit Collateral
      • Withdraw Collateral
      • Open a Leveraged Position
      • Close a Leveraged Position
      • Modify Take Profit or Stop Loss orders
      • Buy ZLP
      • Sell ZLP
      • Stake ZLP
      • Unstake ZLP
      • Add Custom Token to your Metamask wallet
    • πŸ“±Adding Zeno PWA on your Phone
    • ⚠️Risks
    • πŸ•ΈοΈOfficial Links
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  2. Step-by-Step Guide

Close a Leveraged Position

PreviousOpen a Leveraged PositionNextModify Take Profit or Stop Loss orders

Last updated 1 year ago

Step 1: To close a leveraged position, please go to .

Please note that in order to close a position, you must already have an existing open position.

Step 2: Connect your wallet to the app by clicking on the "Connect Wallet" button on the top right corner of the application.

Step 3: At the end of the position that you wish to close, click "TP/SL" button if you want to set Take Profit or Stop Loss orders or "Close" button if you want to close your position at market price.

Step 4.1: If you choose "TP/SL", set the Take Profit and Stop Loss price.

Step 4.2: If you choose "Close", indicate how much of your position value that you would like to close.

Step 5: Choose the asset to receive from the dropdown button. (You have the ability to choose which asset to take your profit in when closing a position)

Step 6: Enter your 4-digit PIN code.

Step 7: Click "Add Take Profit/Stop Loss" if you clicked "TP/SL" or "Close Position" if you clicked "Close".

If you want to partial close your position with Trigger order, you can follow the step and open the order on the opposite direction of your current position.

🚢
Open a Leveraged Position
https://zeno.exchange/metis/trade