Long and Short positions on crypto and US stocks

How a position works

You choose the market, the side, the leverage and the margin in USDT. The position size is the margin times the leverage. If the price moves your way, you gain the price change on the whole position; if it moves against you, the loss comes out of the margin.

There is no trading commission and no funding. Qardex is the other side of every position: profits are paid by Qardex and losses stay with Qardex, at prices from live market feeds.

Leverage and limits

• CryptoLeverage of 1, 2, 5, 10, 20, 50 or 100× on BTC, ETH and the other assets with a USDT market. Market and limit orders.
• US stocksLeverage of 1, 2, 5 or 10×, market orders only, during the US session. Positions are closed automatically when the session ends.
• Limit per personOpen positions and pending orders together are capped at 100,000 USDT per person.

How to open a position

1. 1Open MarketTap Market in Qardex and choose a crypto or a stock.
2. 2Choose Long or ShortLong gains when the price rises, Short when it falls.
3. 3Set leverage and marginPick the leverage and how much USDT to put up; the open position shows its liquidation price.
4. 4Manage the positionClose it any time on the same screen; stock positions also close themselves at the end of the session.

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