How to Place a Trade
- DTMikeD Swych |
- 16 steps
1
Navigate to the [Swych Perpetual Exchange](https://trade.swych.finance/#/trade)
2
Connect your wallet\
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Click here and select "BNB" for live perpetual trading\
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Click here and select "Testnet" for paper perpetual trading
3
If using live perpetual trading, switch your wallets network to "BNB Smart Chain MAINNET"
If using paper perpetual trading, switch your wallets network to "BNB Smart Chain TESTNET"
4
Select "Long" to enter a long position. Select "Short" to enter a short position
5
Select the "Order Type"
6
Select "Market" to place a market order, or "Limit" to place a limit order\
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\*See the "How to Place a Limit Order" guide for steps on placing a limit order
7
Select the asset in the "Use" section
8
Select the asset to be used as collateral
9
Select the asset in the "Position Size" section
10
Select the asset to enter a trade on
11
Enter the amount of collateral to be used
12
Either enter the leverage manually or use the slider to enter the leverage
13
*Optional*\
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To set a "Take Profit" or "Stop Loss" when placing the order, select the box next to "Take Profit / Stop Loss"
14
*Optional*\
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Enter the Take Profit price.\
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Enter the Stop Loss price.
15
Select to open the position
16
Select to confirm the opening of the position, and then approve in your wallet
