Ionex Trading Guide
Follow these steps to open and manage a position.
Connect wallet & choose network
Connect any EVM wallet. Select Plasma.
Deposit USDT
Fund your cross‑margin account. Deposits are immediate; withdrawals finalize after a 12‑hour fraud‑proof window.
Select market & size
Choose a symbol (see in‑app list). Set direction (long/short), size, and desired leverage within limits.
Request & accept a quote
Submit your trading intent. Orbs’ solver network returns competitive quotes. Review margin impact, fees, and accept to execute.
Manage risk
Monitor PnL, maintenance margin, and account health. Add collateral or reduce exposure as conditions change.
Close & withdraw
Close positions partially or fully. Withdraw USDT as needed (subject to the 12‑hour window).
Risk warning: Perpetuals are high risk and can lead to rapid losses. Use leverage responsibly and never trade with funds you cannot afford to lose.
Typical pitfalls
Slippage around prints or during high volatility can widen fills.
Funding over long holds can erode returns even if direction is correct.
Leverage creep: adding size while equity falls increases liquidation risk.
Checklist before accepting a quote
Network selected correctly (Plasma) and wallet connected
Collateral sufficient; understand IM/MM impact
Leverage sanity: confirm liquidation distance
TP/SL configured (partial or full) as needed
Quote lifecycle (sequence)
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