# Get Started with Futures Trading ## Overview The flow of using Futures Trading --> 1. Select Pair (upper left corner) 2. Select Feature * Swapping * Going Long * Going Short 3. Select Order * Market * Limit 4. Track Positions, Orders and past Trades

## Swapping Experience 0% Price Impact Swaps with the lowest Feed on Base with Market or Limit Orders. ### Swapping - Market Order Swap between tokens instantly. 1. Select Swap 2. Select **Market Order** 3. Select First Token 4. Select Second Token 5. Enter Value (ensure that the amount you are receiving is acceptable) 6. Confirm Swap (don't forget to Confirm transaction in your wallet)

### Swapping - Limit Order If you want to swap between tokens at a different Price than it is currently possible on the Market you must set a so called Limit Order. With Limit Order, the swap will be executed when the certain predefined price is reached. 1. Select Swap 2. Select **Limit order** 3. Select First Token 4. Select Second Token 5. Enter Value 6. Define at what Target price you would like to make a Swap 7. Create Limit Order (don't forget to Confirm transaction in your wallet)

{% hint style="info" %} Once your Limit Order for swap is created, you can see it in the Orders list. Keep in mind that the swap will be executed only if the target price is reached. {% endhint %} {% hint style="info" %} To Cancel the order simply go under Cancel in the Orders section (see image below). {% endhint %}

## Long Position (Market or Limit) Going long or taking a long position means buying an asset with the expectation that its price will rise in the future. You can choose between Long Market Order or Long Limit Order. {% hint style="info" %} By adjusting the **Leverage slider**, you can select Leverage between x1 to x20. In case that the liquidity is not deep enough, the upper limit of the Leverage will be lower. {% endhint %} {% hint style="danger" %} Trading with **Leverage** is not recommended for Beginners. Make sure that you fully understand how Leverage works before proceeding further. In volatile market conditions using high leverage can cause liquidation of your account. {% endhint %} 1. Select Long 2. Select **Market/Limit** Order 3. Select Token for Collateral 4. Enter Amount 5. Select Token for Long Position 6. Select Leverage 7. Open Long Position

{% hint style="info" %} Once the Long Position is created, you can edit or close it under Positions. {% endhint %}

## Short Position (Market or Limit) Going short or taking a short position means selling an asset that you do not own (borrowing it) with the expectation that its price will fall. At a later time, you aim to buy it back at a lower price to repay the borrowed asset. You can choose between Short Market Order or Short Limit Order. {% hint style="info" %} By adjusting the **Leverage slider**, you can select Leverage between x1 to x20. In case that the liquidity is not deep enough, the upper limit of the Leverage will be lower. {% endhint %} {% hint style="danger" %} Trading with **Leverage** is not recommended for Beginners. Make sure that you fully understand how Leverage works before proceeding further. In volatile market conditions using high leverage can cause liquidation of your account. {% endhint %}

{% hint style="info" %} Once the Short Position is created, you can edit or close it under Positions. {% endhint %}

## Provide Liquiditiy (Stake SLP token) In order to make Futures Trading possible on Synthswap, especially for leveraged positions, deep liquidity is needed. To achieve substantial liquidity, Synthswap utilizes a token known as the Synthswap Liquidity Provider (SLP) Index Token. When traders incur losses, SLP holders gain profits, and the opposite holds true. {% hint style="success" %} 1. Add **SLP Liquidity here:** [**https://perps.synthswap.io/#/liquidity**](https://perps.synthswap.io/#/liquidity) {% endhint %}

{% hint style="success" %} 2\. **Stake SLP for extra rewards:** [**https://perps.synthswap.io/#/liquidity**](https://perps.synthswap.io/#/liquidity) {% endhint %}

{% hint style="warning" %} To prevent sudden withdrawal of Liquidity there is a 24h redemption period for the withdrawal of SLP. {% endhint %}