Guide for Inverse Perpetual Contract(APP)

Open Deepcoin App and tap [Trade]-[Inverse Perp] to enter Inverse Perpetual Contract interface. This article will guide you how to view chart, open positions, SL/TP, close positions and manage positions.

• View Chart

There is an icon in this page. Tap it to enter the chart. Here you can also view order list, filled list and details for every trading pair. Here you can check order list, filled list and details.

   

 

  

Tap the icon above right, you can view the chart in landscape mode.

• Open positions

Step1：Choose trading pair. Tap BTC/USD perpetual, you can view contract list include all trading pairs that supported at the moment. Tap or search the one you want and then you can place orders.

 

Step2: Place a order. Select [Open] and select the order type. Enter price and amount, or tap the percentage to confirm the amount. Market order will be filled right after placed. If you choose to place limit order or conditional order, they will be displayed in the order zone down below untill filled.              

Step3: Tap the button in the right of order type, choose "Merge" or "Split". Find more: Manual | "Merge" and "Split". 

Step4(Optional): Tick the box before [TP/SL] and set TP/SL. How to set TP/SL?

Step5: Choose [Buy/Long] or [Sell/Short], check the details in the pop-up window, then tap [Confirm].

• Manage Positions

Take Profit/Stop Loss

You can set TP/SL price both before entry and after placing orders. Besides "TP/SL on order", flexible settings including "Position TP/SL" and "Conditional TP/SL" are also supported. That means if you didn't set TP/SL prices before opening the position, you can still set it on current position. Find the positon you want to stop loss or take profit. Then tap [TP/SL] to set "Position TP/SL" or "Conditional TP/SL". Click TP/SL manual to check how to set it. 

View current position

Select [Position] and all positions will be displayed here. And turn on the [Only Current Currency] switch on, then it will only show current currency.

Share profit/profit%:  Tap the share icon on the right corner of every position. You can save the poster and share  profit/profit% to social media.

Adjust Leverage: Tap Adjust Leverage button to increase or reduce leverage. Check the maximum leverage of every currency here. 

Close: Two types to close the current position, [Lightning Close] and [Limit Close]. Select close type and enter price and amount, next tap cofirm. [Lightning Close] orders will be filled with the best price of market. 

Close Positions

Besides close on position, you can also close your positions in [Close] zone. you can check how many conts you can close down below the Buy/Sell button.

Deepcoin Team