Trading

Opening a Position with Leverage To get started, go to the platform at maxbid.pro. Upon arrival, you’ll see the following screen:

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

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

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.

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

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.

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.