How to place an order for a derivative trade?

When a user lands on the Derivatives trading page:

1. Select the trading pair from the left sidebar (e.g., BTC/USD).

2. The Top Bar updates with market details.

3. Below the top bar, the chart section displays the selected asset's price chart.

4. On the right, in the “Place Your Order” panel, follow these steps:

Step1: Select Leverage

Leverage allows you to open larger positions using borrowed funds. Leverage allows you to control a larger position with a smaller amount of capital. Bitdelta offers leverage options ranging from 1x up to 10x. While leverage amplifies your potential profits, it also increases your risk of liquidation.

• Formula: Effective Exposure= Margin Amount × Leverage (Example: With 10x leverage, $100 can open a $1000 position)
• Set leverage using the dropdown (e.g., 10x, 20x).

Step2: Choose Margin Mode:

• Cross (default)
• Isolated (Coming Soon)

Step3: Select Position Mode:

      -   Netting or Hedging

Step4: Choose Trading Mode:

One-Click Trade – executes instantly using Market Order

Regular Trade – choose either:

• Market Order (instant execution)

• Limit Order (executes at your specified price)

Step5: Check Available Balance shown in USD.

• If the balance is low, click Transfer to move funds from Spot to Derivatives' wallet.

Step6: Use the Order Value field or slider to enter the trade amount.

Below it, you'll see the calculated Order Value in USD and Margin Required.

Finally, click Long or Short to place your order.

If it's a Market Order, it appears in the Positions Tab immediately. If it's a Limit Order, it appears in Open Orders Tab until filled.