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
    • πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦Referral Program
    • 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

Open a Leveraged Position

PreviousWithdraw CollateralNextClose a Leveraged Position

Last updated 1 year ago

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

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: Select which asset you would like to trade by clicking on the asset name from the market list drop-down menu on the top left corner.

Step 4: Specify whether you want to long or short the asset by clicking on the "BUY" or "SELL" tab.

Step 5: Click on "Market" if you'd like to use Market Order or "Trigger" if you'd like to use Trigger Order.

Step 5.1: If you select Trigger Order in the previous step, you will need to specify the price at which your order would be executed (Trigger Price).

Step 6: Specify the position size that you would like to open.

  • You can tick "Take Profit/Stop Loss" button if you wish to set the Take Profit or Stop Loss price.

  • You can tick "Reduce-Only" button if you wish to only reduce your position size.

  • You can also choose the asset to receive on the "Receive" row if the order you are placing will result in you receiving some tokens (e.g., partially closing your in-profit position).

Step 7: Enter your 4-digit PIN code.

Step 8: Click "Buy" button if you're taking a leveraged long position or "Sell" button if you're taking a leveraged short position.

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https://zeno.exchange/metis/trade