Open a position
Last updated
Last updated
To open a position, select a pair (e.g. BTC/USD) and open the trading panel (see picture below):
Then, choose a direction (long or short - in red), the amount to place (in orange) and the leverage (in green) to define the position:
You can adjust the amount and the leverage by clicking on the + or - buttons.
In the example above, the user intends to open a long position on the BTC/USD pair with an amount of 20,000 1vMM and a leverage of 1x.
Check the FAQ to know more about Long / Short positions.
Leverage is a multiplier that allows users to increase their exposure to a position (and thus their profit/loss) without increasing the amount invested. For example, if a user sets 2x leverage, if the performance over the fixing period is 1%, the user will generate a profit of 2%.
Once you are ready, tclick on the "Validate" button. The position will be opened, and you will be able to follow its evolution thanks to the "Performance to Date" field.
