# Trading

**Opening a Position with Leverage**\
To get started, go to the platform at [maxbid.pro](https://app.maxbid.pro/?promo=maxbid). Upon arrival, you’ll see the following screen:

<figure><img src="/files/JFsaaiIxs3C3njbcHSvR" alt=""><figcaption></figcaption></figure>

Next, choose any token you want to trade with leverage.

<figure><img src="/files/XpQaEMm4FTYV7M99dIVS" alt=""><figcaption></figcaption></figure>

Enter the amount of the nominator (SOL in this case) and select the leverage multiplier.

<figure><img src="/files/OoaQOBGB4bPT5CZ9CywZ" alt=""><figcaption></figcaption></figure>

Before placing your trade, review the **Loan Summary** to see key details based on your inputs. This summary ensures you have a clear understanding of your loan balance, interest rates, fees, and projected outcomes, helping you make informed trading decisions.

Now hit the Trade button and watch the magic unfold.

<figure><img src="/files/xq2d8cTi1PBVLp1PcwVZ" alt=""><figcaption></figcaption></figure>

After executing the trade in your wallet, you can view and actively monitor your positions in real time on the **Positions** page.

<figure><img src="/files/BKnwWEhmpi34wbH3lB4O" alt=""><figcaption></figcaption></figure>

To see specific details like the **Open Date**, **Entry Price**, and **Current Price**, simply click on **Show Details**.

## **Closing Your Position**

There are two ways to close your position: **Sell** or **Repay**.

The first option, **Sell**, allows you to sell the collateral locked in the smart contract to receive SOL. If the token’s price has increased since opening the position, you’ll realize a profit.

On the **Close Position** screen, review all relevant details to decide whether to sell now or hold the position longer.

In the example below, the user has made a profit and only needs to repay the accumulated interest, fees, and the initial borrowed amount. The remaining profit belongs to the user.

The second option to close your position is **Repay**. With this choice, you repay the outstanding loan to the smart contract, covering the SOL borrowed plus any accrued interest.

Once the loan is repaid, the tokens locked in the smart contract are returned to your wallet. This option allows you to retain your tokens for the long term, securely stored in your wallet.

Partial repayment is now available as well to size up your conviction plays without getting liquidated.

<figure><img src="/files/PCZkp5RnviIzvx8iXZk2" alt=""><figcaption></figcaption></figure>

Finally, under the **Closed** tab, you can view all your historical closed positions. Here, you’ll find details like the exact date each position was opened, the **Entry Price**, initial **Position Size**, and the leverage multiplier used.

## **How to Trade Without Leverage**

You can swap tokens just like on any DEX. Simply go to the **Swap** section, select your preferred token pair, and complete the exchange.

<figure><img src="/files/hRkxHdO7Nv6PI5R7MMol" alt=""><figcaption></figcaption></figure>


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