This guide details the process of opening a short position, allowing you to profit from potential price declines of a chosen coin while leveraging customizable options to suit your trading goals.
Steps to Open a Short Position
Follow these steps to initiate a short position on SuperX:
Enter the /start command to start the bot.
Click the "Open Short" button to begin.
Open Short
Enter the coin you wish to short, e.g., BTC, ETH, SOL, etc.
Enter token
Choose your desired leverage for the trade. The interface will display the maximum leverage available for the selected coin (e.g., up to 40x for BTC, 20x for SOL).
Adjust the leverage to align with your risk preference.
Enter Leverage
Specify the Trade Size:
Input the trade amount in USD to define the size of your position.
Enter short trade size
Click the "Submit Order" button to execute the trade.
Once the order is successful, navigate to the Positions page to view and manage your active trades.
