How-To-Trade in Galess Mode

Deposit: Check out the deposit tutorial to learn how to deposit supported stablecoins and top up your balance.

Step 1: Set Up Your Trade

1. Select a Trading Pair – Choose the cryptocurrency pair you want to trade, such as BTC/USDT, ETH/USDT, or other supported perpetual markets.

2. Decide on Long or Short

• Long (Buy): If you expect the price to rise.

• Short (Sell): If you anticipate a price drop.

3. Choose Order Type

• Market Order: Executes instantly at the best available price.

• Limit Order: Allows you to set a specific price at which your order will execute.

4. Set Your Leverage & Trade Size – Adjust your leverage up to 1001x to control a larger position with less capital. Enter the trade size in USDT.

5. Risk Management – Configure TP & SL

• Take Profit (TP) – Set a target price to automatically secure profits.

• Stop Loss (SL) – Define a safety threshold to limit potential losses.

• SL < 90% & TP < 500%

Once everything is set, review your trade

Step 2: Manage Your Positions & Orders

• Monitor Active Trades – View all open positions in the Positions tab, tracking entry price, leverage, margin, and PNL in real time.

• Adjust TP/SL Anytime – Modify your Take Profit (TP) and Stop Loss (SL) to manage risk dynamically (SL < 90%, TP < 500%).

• Close Positions – Click "Close" on an active trade, confirm, and sign the transaction in your wallet to secure profits or cut losses.

Review Order & Trade Details

• Find all executed, pending, and canceled orders in the Orders tab.

• View the complete trading history, including margin, trade size, realized PNL, and funding fees in the History tab.