Hatch a Rex (Open Position)
How to hatch a REX (open a new position)
Last updated
How to hatch a REX (open a new position)
Last updated
Welcome Rex Wrangler! Here's how to hatch your Rex (open a position):
Connect your wallet
Go to "Trade"
Choose a pool and position type: β’ Long: When you expect the asset price to increase β’ Short: When you expect the asset price to decrease
Enter your starting amount (collateral)
Choose your leverage level
Set Take Profit/Stop Loss (optional)
Review position details
Click Buy/Sell
Congratulations! You've hatched your Rex! π¦
Quick Example
Let's say you put in $500 (as collateral) and crank up the leverage to 5x - boom! You're now playing with $2,500 (minus a small bite for position costs).