Spooky Perps Trading Guide

How to Trade on spooky.orbs.fi

Step 1: Connect Your Wallet and Create an Account

  1. Go to the Spooky Page and click the top-right corner to connect your wallet.

  1. Click “Create Account” in the same box.

  1. Enter your preferred username and click “Create Account.”

  1. Review the Terms & Conditions (T&C) and click “Agree.”

  1. Confirm the action through your wallet. Once completed, click “Ok!” to proceed.

Step 2: Make a Deposit

  1. Click “Deposit” located at the bottom of the page.

  1. Enter the amount of USDT you want to deposit and click “Continue”

  1. Approve the transaction through your wallet, then click “Confirm Deposit.”

  1. Confirm again via your wallet to complete the process.

  2. You can now see your USDT balance displayed in the bottom-left corner of the page.

Step 3: Set Up Your Position

  1. Select a trading pair you want to trade (e.g.,FLOKI/USDT) from the dropdown menu.

  1. Set up your position using the following parameters:

  • Order Type: Choose Limit or Market.

  • Direction: Choose Long (expect price to rise) or Short (expect price to fall).

  • Price and Amount: Enter the desired values.

  • Leverage: Adjust the leverage (up to 60x) based on your risk tolerance. Spooky's perps support high leverage for advanced traders looking to maximize potential gains, but remember that this also increases risk.

  • TP/SL (Take Profit / Stop Loss): Set your target profit and stop loss to manage risk.

  1. Once all details are correct, click the confirmation button below the settings section.

  1. Double-check your position details, then click the button to open your trade.

  1. Confirm the trade through your wallet to finalize it.

  2. Your active position will now appear in the lower section of the page.

Step 4: Close Your Position

  1. In the position bar, click “Close” next to the position you want to close.

  1. After reviewing the details, choose “Close Position” or “Instant Close”.

Disclaimer

Please be note that SpookySwap does not provide any financial advice. Trading futures risky, and may lead to significant gains or losses. Make sure to conduct your own research and fully understand the risks before setting up your positions.

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