Skip to main content
Use the same review order each time you place a trade. It helps catch market, direction, and sizing mistakes before you submit.

​
1. Choose the market

Open Explore, search for the asset you want, and select the market.

Spot

Buy to purchase an asset or Sell to dispose of an asset you hold. Spot trades do not use leverage, margin, funding, or liquidation.

Perpetual

Long to open a position that benefits from rising prices or Short for falling prices. Perpetual trades can use leverage and involve margin, funding, and liquidation risk.
Check the market type before continuing. Buy/Sell and Long/Short describe different actions.

​
2. Choose Simple or Pro

Use Simple for a focused path from market to order. Use Pro when you want a limit or conditional order, order-book data, advanced margin controls, or TP/SL before you submit.

​
3. Set direction and amount

For a perpetual market, choose Long or Short. For a spot market, choose Buy or Sell. Enter the amount you want to trade. Think in position value, not only in margin.

​
Example

Imagine you open a $500 BTC position at 5x leverage.
  • Position value: about $500
  • Initial margin: about $100
  • Market exposure: still $500
If BTC moves 2%, the effect is based on the 500positionvalue,notthe500 position value, not the 100 margin figure. This simplified example excludes fees, funding, slippage, and other account effects.

​
4. Check leverage and margin

Confirm the leverage displayed in the trade panel. If you are using cross margin, collateral is shared across your cross-margin positions. Losses in one position can affect the margin available to others.

​
5. Choose how the order should execute

In Simple mode, review Order settings. In Pro mode, choose Market, Limit, or Conditional, then review slippage and any advanced controls.

​
6. Add an exit plan

If you already know where you want to take profit or cut the trade, set TP/SL before submitting or add it immediately after the position opens. An exit plan is easier to follow when you decide it before the market starts moving.

​
7. Review and submit

Check the final preview:
  • market and market type
  • direction
  • amount
  • leverage and margin mode
  • order type
  • estimated margin and position value
  • estimated quantity
  • TP/SL, if used
Submit the order, then open Positions, Open orders, or Trade history to confirm the result. A market order may fill immediately; a limit or conditional order may remain under Open orders until its conditions are met or you cancel it.