Orders

Orders are positions waiting to be opened.

Glossary for the image above: ⤵️

Bitcoin: This is the asset you are currently trading.

Long 10x: The direction of your trade and the amount of leverage.

Entry: This is the current USD value of the cryptocurrency you want to trade.

Limit $35,000: When bitcoin reaches this price, your position will open.

Collateral: This is the amount of money you will enter the trade with, which may be lost in a liquidation.

Liq. Price: This is the price at which your trade will be automatically closed or "liquidated."

Cancel: This allows you to cancel the order before it takes effect.