Close Limit

A limit close lets you specify the price at which you would like to close the position.

Step 1: Enter your preferred closing price into the Price textbox

• For closing Long order, you should set a price less than the market price. If the price exceeds the market price, the system will automatically match the order at the market price.

• For closing Short order, you should set a price higher than the market price. If the price is less than the market price, the system will automatically match the order at the market price.

Step 2: Choose amount of position (10%, 25%, 50%, 75%, 100%) you want to close.

• The defaulted percentage is 100% which means closing the whole position. Otherwise, you can quickly choose other percentages of position quantity (10%, 25%, 50%, 75%), it just reduces the position.

Step 3: Choose the Limit button on the right side of the position.

Step 4: Confirm

• The system creates an order of closing with the quantity selected. Check the details in the confirmation pop-up before clicking Confirm button

• If this pop-up interrupts your flow, please click “Don't show this popup again” to remove it the next time.

• Your wallet will ask you to confirm the action. Please confirm the transaction.

• Then, the system will work for a second.

• After your transaction is completed, your order is placed into the Open orders tab while the pending order is added to the order book.

• After matching orders on the order book, the system will transfer the margin and PnL to your wallet and charge a commission fee. At this time, you can claim the total of your funds.