Long

When you open a Long position on EasyX, it means you are simulating the purchase of a specific cryptocurrency with the expectation that its value will rise. In other words, you are betting on the price of the chosen asset to increase.

To close the Long position, you simulate the sale of the same cryptocurrency. This means you are effectively exiting the trade and locking in any potential profits or losses based on the difference between the buying and selling prices.

Opening a Long position on EasyX is like simulating the purchase of a cryptocurrency in the hope that its value will increase, and closing the position involves simulating the sale of the same asset to exit the trade.

Long positions are profitable when the Mark Price of the asset is greater than the Entry Price.