The video guide walks through how to use the Pro mode to manually deposit collateral, borrow funds, and create both limit and market orders.
For simplicity, we'll also list the major steps below:
Step 1: Connect a wallet
When you log into the app, you'll see a connect wallet button on the left side of the screen. Click it and sign from your external wallet to start.
Step 2: Select a market
The Select Market button is in the top left area of the platform. Click it to view the markets and select your preference. Then click "Pro" tab.
Step 3: Deposit Collateral
In order to borrow, you first have to have collateral. Click the Transfer button and specify your asset and amount to deposit as collateral.
Step 4: Borrow funds
Click the Borrow button, then specify your asset and desired amount. If you're going LONG, you should borrow the Quote token (USDT in the ETH-USDT market). If you're going SHORT, you should borrow the Base token (ETH in the ETH-USDT market).
Step 5: Trade borrowed funds to form a position (limit or market)
Specify your Order Type (limit, market, or stop limit), the your Price (for limit / stop limit) and Amount. If you're creating a Stop Limit order, you will also need to specify a Trigger Price that would trigger your desired action when the price hits that value.
That's it! Congrats :)
A couple additional notes:
- You can also use the pro mode to modify existing positions. You can deposit additional collateral to modify the liquidation price of your position, increase the leverage rate, close out part of the position, etc.
- You can view your personal order history in the pro mode as well