Open a Leveraged Position
Last updated
Last updated
Step 1: To open a leveraged position, please go to https://zeno.exchange/metis/trade.
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.