🆕Opening Position –📱

To start trading with the HunteX bot, follow these instructions step by step:

  • Begin by tapping the blue Trade button in the bot’s chat. This opens up the trading interface.

  • The trading in the bot is enabled for different pairs, with the price feed and other data sourced as an index from Binance and other major providers.

  • The interface features a customizable price chart where you can choose from candlesticks from a 5s to 4h time frame and utilize the TradingView tools.

Next, determine your trading strategy:

  • Choose one of the trading pairs.

  • Pick your position direction: go for Long if you anticipate a price uptrend or Short if you expect it to drop.

  • Enter your Margin, min. is 1 USDT.

  • Set the desired Leverage. The range is from 1 to 1000x. Leverage the power of HunteX!

Important

You cannot have both Long and Short positions open simultaneously.

Finally:

  • The position size is your Margin times the set Leverage. The max. position size is 1,000,000 USDT.

  • Keep an eye on the price action and real-time liquidation price.

  • Ensure you understand the risk management tools within the bot, which include limitations on max. profit per position.

Please visit the Risk Management section of this white paper where we go into detail about these strategies.

  • You can close your position at any time unless you get liquidated by tapping the homonymous Close button.

  • What is Reverse in Futures?

Reverse is a strategy in futures that allows you to quickly switch between long and short positions without closing your current contracts. This provides traders with flexibility and the ability to swiftly react to market changes.

Important Warning High-leverage trading can carry significant risks. Each position in the HunteX bot is isolated, ensuring it does not impact your other positions or the overall wallet balance. In the event of liquidation, only the Margin of that particular position is at risk.

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