APX Finance
  • πŸš€What is APX Finance?
  • πŸŒ™Brand Logo & Guidelines
  • Welcome
    • πŸ“„$APX Token & Contracts
      • ⚑Allocation
      • πŸ”₯Token Burn
      • πŸ’²Tax
    • πŸ’ŽALP Liquidity Pool
      • πŸ’‘How to buy ALP?
      • πŸ’‘How to stake/unstake?
      • πŸ’‘How to sell?
      • πŸ’‘Fees for buying and selling ALP
      • πŸ’‘Rewards Distribution Rules
      • ‼️Risk
    • ⛓️Trading on V2
      • ❓How does it work?
      • ⬇️How to interact directly with the contract
      • 🀝Powered by Pyth Oracle and Chainlink
      • 🐸Degen Trading Mode
        • πŸ’°Dynamic close fee for Degen Mode
      • 🎰V2 Fees & Slippage
      • πŸ’’MAD perpetual contracts
        • πŸ’’MADBTCUSD
          • Index Details
        • πŸ’’MADETHUSD
          • Index Details
        • πŸ’’MADCAKEUSD
          • Index Details
      • 😎Dumb Mode
        • How to place orders
      • πŸ“ƒDEGEN Inscriptions Airdrop
      • πŸ“ˆForex
      • πŸ‘₯APX V2 Referral
      • πŸ“–APX Testnet Walk through [Inactive]
      • πŸ’‘FAQ
        • πŸ’‘Connect wallet
        • πŸ’‘Opening a position
        • πŸ’‘How to place stop orders?
        • πŸ’‘Position management
        • πŸ’‘One click close all position feature
        • πŸ’‘Order Types
      • πŸ“ΉVideo Tutorials (V2)
    • πŸ‘‹Trading on V1
      • πŸ“‘Pre-Launch Markets
        • BLAST Pre-Launch Futures
      • πŸ’°Wallet Connection
      • πŸ’‘How to start trading on APX V1?
        • πŸ’ΈDeposit & Withdrawal
        • πŸͺœMargin Mode & Leverage
        • ⬆️Position Mode
        • πŸ’»Order Types
          • TP/SL orders (Strategy Order)
          • Trailing Stop Order
        • πŸ›‘Closing Positions
        • πŸ“ˆGrid Trading
          • πŸ‘ΎSet-up Your Grid Trading Strategy
          • πŸ‘ΎFutures Grid Trading Auto Parameters Guide
          • πŸ‘ΎLong/Short Grid Trading introduction
        • πŸ’‘Lite Mode
      • ❓FAQ
        • ❓Multi-Assets Mode
        • ❓How to Adjust the Margin Balance in Cross/Isolated Margin Modes
        • ❓How to Calculate the Cost of Opening a USDβ“ˆ-M Perpetual Futures Contract Position
        • ❓Mark Price in USDβ“ˆ-M Perpetual Futures Contracts
        • ❓Funding Rate
        • ❓Auto-Deleveraging (ADL)
        • ❓APX Futures Liquidation Protocol
        • ❓Delisting Process of A Futures Contract
        • ❓APX DEX Referral Guidelines
        • ❓How to Whitelist APX Emails？
      • πŸ“ΉVideo Tutorial (V1)
  • Features & Tutorials
    • ℹ️General
      • πŸ’‘What is Gas Fee?
      • πŸ’‘How to switch network?
      • πŸ’‘How to change language
      • πŸ’‘How to bind your social media account to receive notifications
    • πŸ–₯️All about APX Web
      • πŸ’‘How to Connect Your Wallet? (Web version)
      • πŸ’‘How to find your DEX UID? (Web)
    • ⛓️Permissionless DEX Engine
      • Features and benefits of permissionless solution
      • FAQs
    • πŸ‘ΎTrading
      • πŸ’‘How to Buy Crypto on APX DEX via BANXA
      • πŸ’‘How to check your balance (V1)
      • πŸ’‘How to use Multi-Assets Mode
      • πŸ’‘How-to Guide: Use BONUSUSD to trade crypto futures on APX V1
  • Programs
    • πŸ“žV2 ARB Incentive Season (Trading)
    • πŸ“£V2 ARB Incentive Season (Weekly Bonus, ALP Staking)
    • πŸ’°$100,000 Binance Web3 Wallet Trading Campaign Tutorial
    • πŸͺ‚Strategic Partnership with Lista DAO - Cosmic Adventure Challenge
    • πŸ“V2 Trading Rewards
    • ⛏️Retroactive Mining Rewards
  • APX DAO
    • πŸ‘¨β€πŸš€How To Participate?
    • πŸ“«DAO Staking
      • 🎫Get Voting Power
      • ⚑Staking Rewards & Repurchased Tokens
      • ⚑Trading Benefits
      • ⚑Penalty Fee
    • πŸ€Governance
      • 🌑️Temperature Check
      • 🀚Standards for raising DAO proposals
  • API
    • πŸ–±οΈCreate API
    • πŸ’ΎAPI Documentation
  • Community
    • πŸ”—Social Media & Communities
  • About Us
    • πŸ—ΊοΈRoadmap
      • 🍁2023 Roadmap
      • 🍁2022 Milestones
      • 🍁2021-2022 Roadmap
    • πŸ”–Audit Reports
    • APX Team
    • Privacy Policy
    • Terms of Use
    • Restriction
Powered by GitBook
On this page

Last updated 1 year ago

Users can choose to [Buy/Long] or [Sell/Short] to open their positions with leverage.

  • Long position: If the price rises, you earn a profit. If the price falls, you make a loss.

  • Short position: If the price falls, you earn a profit. If the price rises, you make a loss.

After selecting the Take Profit percentage, you will need to approve the transaction on your wallet to open the position successfully.

  • Collateral that can be use for trading

    • BNB Chain - USDT, USDC, BNB, CAKE, HAY, ETH and BTC

    • Arbitrum - USDT, USDC, DAI and ETH

    • opBNB - USDT and BNB

    • Base - USDbC and ETH

  • The settlement assets will be the user’s input assets. If settlements assets are insufficient, the platform will select the asset with the highest accumulated value in the liquidity pool as the settlement asset

PreviousConnect walletNextHow to place stop orders?
  1. Welcome
  2. ⛓️Trading on V2
  3. πŸ’‘FAQ

πŸ’‘Opening a position