Lite Perpetual is a product based on USDT perpetual contracts. It provides users with a simplified interface and streamlined trading operations for derivative trading. Compared to USDT perpetual contracts, Lite Perpetual has a simpler page layout and user-friendly operation methods.
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Register or log into your Toobit account. Then, hover on "Derivaties" on our homepage and click on “Lite Perpetual”.
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Once you've entered Lite Perpetual, you will need to transfer assets to your Futures Account. To do so, navigate to the right side of the page. Under "Market" and above "Leverage", you will see a text reading "Available: 0.0 USDT". Click on the blue button beside it, and a popup to transfer assets will appear. Next, you can transfer assets from your Spot Account to your Futures Account in order to begin trading.
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After funding your account, you may start trading. You can begin by opening a position.
*Please take note of the following:
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Mode： You can choose to trade in either "Cross" mode or "Isolated" mode.
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Order Type： You may choose between Market Order or Trigger Order
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Order Mode： By Cost (Users can input the cost directly without order price via Market order)
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TP/SL：You can set take-profit and stop-loss orders, which are triggered based on either a percentage of profit or a fixed price.
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Lastly, you may close position. Navigate to the bottom part of the page, under "Positions". There, you will see a "Close" button on the right side of the page. Please take note that in Lite Perpetual, users can only close position in the position interface via Market Order.
Congratulations, you now know how to trade with Lite Perpetual! Happy trading, Toobiters.