🛡️Leverage Trading

Gorilla Finance is excited to present our new leveraged trading function within our DApp!

This powerful feature allows traders to maximize their profit potential by taking advantage of market movements with increased exposure. Now, you can take both long and short positions on various trading pairs and amplify your trading experience with leverage. Here's a quick guide on how to use the leveraged trading function:

Step 1:

Access the DApp Visit the Gorilla Finance DApp https://dapp.financefeg.com/trade and ensure you have connected your preferred wallet, such as MetaMask, Trust Wallet, or Binance Smart Chain Wallet.

Step 2:

Navigate to the Leveraged Trading Section Once you're connected, find the leveraged trading section within the DApp. This section is where you can access the available trading pairs and leverage options.

Step 3:

Choose a Trading Pair Select the desired trading pair from the available options. It's essential to research and understands the assets you're trading before engaging in leveraged trading.

Step 4:

Select Long or Short Position Decide whether you want to take a long or short position. A long position indicates that you expect the asset's price to rise, while a short position suggests that you anticipate a decline in price.

Step 5:

Choose Your Leverage Select the amount of leverage you want to apply to your trade. Leverage amplifies your exposure to the market, enabling you to control a more significant position with a smaller initial investment. Keep in mind that while leverage can increase potential profits, it can also amplify losses. Make sure to trade responsibly and use leverage according to your risk tolerance and experience.

Step 6:

Enter Your Trade Amount Input the amount of your trade in the designated field. Ensure you have sufficient balance in your wallet to cover the trade and any associated fees.

Step 7:

Review and Execute Your Trade Review the details of your trade, including the trading pair, position type, leverage, and trade amount. Once you're confident with the details, execute your trade by clicking the "Confirm" or "Submit" button. Your trade will be processed, and you'll be able to monitor its progress within the DApp.