How to open a position?
This guide helps you to understand how to get start with trading on TripleFi.
Margin is deposited directly into the smart contract when you open a new position. If there is enough crypto asset to trade the trading pair in your wallet or in your margin account, you can open a position in this trading pair.
The amount is shown when you open a position or when you hold a position. When you trade ETH/USDT, the amount 1 is equivalent to 1 ETH. When you trade MATIC/USDT, the amount 1 is equivalent to 1 Matic. Therefore the unit of amount varies depending on which trading pair you are currently trading.
P/L is the short form of profit and loss. Unrealized P/L is the current status of profit or loss in your current position. Unrealized P/L will be added up into your
Equity is the sum of margin and the P/L in open positions. It shows the current balance of asset at this particular price level.