Lite perpetual is a product based on USDT-M perpetuals. It offers a cleaner interface and a more streamlined derivatives trading experience. Compared to USDT-M perpetuals, lite perpetuals features a simpler layout and more user-friendly navigation.
1. Transfer funds
Before trading, make sure your futures account has sufficient funds (e.g., USDT).
(1) Visit the AlphaX website and log in to your account. Click the wallet icon, then select "Futures account".
(2) Select "Transfer" and transfer funds from your spot account to futures account.
(3) Select a cryptocurrency (e.g., USDT), enter the amount to transfer, then click "Confirm".
2. Go to USDT-M perpetual
(1) In the top navigation bar, click "Futures" and select "Lite perpetual" from the dropdown menu.
3. Select trading pair
(1) Search for and select a trading pair (e.g., BTCUSDT, ETHUSDT).
4. Configure trading settings and place order
Margin mode: You can choose to trade in "Cross" or "Isolated" margin mode.
Order type: You can choose either "Market" or "Trigger" order.
Order mode: By cost (users can directly enter the order cost via a market order without specifying an order price).
TP/SL: You can set TP/SL orders, which are triggered based on either profit percentage or a fixed price.
Enter order parameters and confirm the order.
5. Finally, close your position. Navigate to the bottom of the page, under the "Positions" panel. On the right side, you will see "Close" and "Flash close" buttons. In lite perpetual, only market orders are supported for immediate manual position closing.
You're now ready to trade lite perpetuals. Start trading now.