Close a Leveraged Position
Last updated
Last updated
To close a leveraged position, follow the steps below:
Step 1: Go to Trade page.
Step 2: Under the graph, go to Positions (x) tab.
Step 3: Click Close at the right of the position that you want to close.
Step 4: Specify the position size that you wish to close.
Step 5: You can tick Keep leverage at [X.XX]x to withdraw your collateral proportionally to your position size and keep the same level of leverage.
Step 6: You can tick Close at Trigger Price and specify the price that you want to close your position at.
Step 7: Click on the Close Position to withdraw the collateral. You should get a pop-up from your Web3 wallet (i.e., Metamask) where you'll need to confirm the transaction.
If you close your position using Trigger Price, your closing order will be shown in the Orders (x) tab as follow.