Perpetual Contract Trading
Last updated
Last updated
PairEx, available at pairex.io, is a preeminent decentralized perpetual exchange that leverages the Arbitrum Network to provide a seamless trading experience to its users. Its user-friendly platform is built on a transparent and secure trading infrastructure, enabling users to decentralize their trades and assets with confidence.
In order to access the services offered by PairEx, you will require a decentralized exchange (DEX) wallet.
Click the "Connect Wallet" button, scan the QR code with the DEX wallet APP in your mobile phone or click the icons if you want to connect with your computer. Click “View More” to find more supporting wallets.
*If you do not have a wallet yet, you can use MetaMask: https://metamask.io/download.html
For first-time users of PairEx, click the "Approve" button on the trading page and the “Confirm” button on the wallet pop-up to grant permission for the smart contract to access the USDT and ETH stored in your wallet. This step is required to enable you to trade with your USDT and use ETH as gas fee.
PairEx currently offers below pairs which you may select by clicking the arrow on the top left corner:
BTC_USDT
ETH_USDT
Leverage Range: 2x to 100x
After selecting your direction and order type, enter the Collateral amount, and Leverage you want to use, and set Stop-Loss / Take-Profit Ratios. After that, click “Market Long” or “Market Short” to open the position.
To open a position, select either "Long" or "Short" depending on your desired trading direction.
Long position:
Stands to profit if the token's price rises, but may incur losses if the price falls.
Short position:
Stands to profit if the token's price falls, but may incur losses if the price rises.
Market price:
Market Order places an order at the best price in the current market to achieve the purpose of the rapid transaction.
Limit price:
The limit price order is bought and sold at the price specified by the user or at a better price.
Reaching the pre-set Take Profit Stop Loss ratio will be positioned squaring, and you can also modify the corresponding Take Profit Stop Loss price in your position.
After opening a position, you would be able to view it under your Positions list for you to monitor your profit and loss (P&L).
To close your position and realize gains (or losses), click the “Close” button. The position will be closed automatically if the price reaches your pre-set take profit/stop loss ratio. You may modify your position's corresponding take profit/stop loss price as long as the position is still open by clicking the “Edit” button.
