Perpetual Trading Overview

Left Panel (Chart):

• View Prebit’s integrated TradingView chart, which provides real-time market data and trading volume insights.

• Enjoy free, unlimited access to TradingView features exclusively on Prebit.

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Right Panel (Trading Panel):

1. Choose Position:

• Select Long (Buy) if you expect the price to rise.

• Select Short (Sell) if you expect the price to fall.

1. Order Type:

• Market Order: Executes instantly at the current market price. Use this for quick trades.

• Limit Order: Executes only when the market reaches the specific price you set. Use this to buy/sell at a preferred price.

1. Margin Amount:

• The amount of funds you allocate for a trade.

• Minimum margin is $10. Higher margins increase your potential profits or losses.

1. Leverage:

• Leverage amplifies your buying power by borrowing funds.

• For example, with 100x leverage, a $10 margin gives you $1,000 in trading power.

• Usage: Leverage can increase both profits and risks; use it carefully.

1. Stop Loss (SL):

• A feature to minimize losses by automatically closing your position if the market moves against you.

• Example: If you set an SL at 10% below your entry price, your trade will close if the price drops to that level.

1. Take Profit (TP):

• A feature to secure profits by automatically closing your position when the market hits a target price.

• Example: If you set a TP at 20% above your entry price, your trade will close when the price reaches that level.

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Market Price and Limit Order Details

• Market Price: Live price of the selected asset.

• Limit Order: Set a price for the order, which triggers when the market reaches your chosen price.

• Spread Only 0.01%, ensuring stable and competitive trading conditions.

Key Details:

• Buy Slippage: 1%.

• Liquidation Price: -90% of the initial margin.

• Liquidity Fee: Zero on Prebit.

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Bottom Section (Trading Tabs):

1. Positions Tab:

• View your live positions, including:

  • PNL (Profit & Loss)

  • Initial Margin

  • Size (in USDT)

  • Entry Price

  • Market Price

  • Liquidation Price

  • TP/SL (editable anytime)

• Editing TP/SL:

  • TP can exceed 500%, and SL should be below -90%.

  • No fees for editing TP/SL.

• Close Button:

  • Close your position with zero closing fees—fees apply only for opening trades.