> For the complete documentation index, see [llms.txt](https://docs-defi.loopring.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs-defi.loopring.io/products/portal.md).

# Portal

## Portal

**Portal** is Loopring's leveraged trading platform, enabling users to **go long or short on cross-chain tokens** directly from their Ethereum self-custodial wallets. It combines the **deep liquidity of centralized exchanges (CEXs)** with the **security and control of decentralized finance (DeFi)**.

***

### Key Features

* **Leverage Trading**: Access up to **10x leverage** on supported tokens.
* **Cross-Chain Tokens**: Trade assets like **BTC**, **SOL**, **DOGE**, **WIF**, **XRP**, and **TRUMP**.
* **Self-Custody**: Maintain control over your assets with your Ethereum wallet.
* **Automated Borrowing**: No need to manually borrow; Portal handles it seamlessly.
* **Low Fees**: Competitive trading fees at **0.1%**, aligning with major CEXs.

***

### How It Works

1. **Collateral Deposit**: Deposit **USDT** or **ETH** as collateral into Portal.
2. **Position Opening**: Choose to **`Buy / Long`** or **`Sell / Short`** a supported token.
3. **Leverage Selection**: Adjust your desired leverage level (up to 10x).
4. **Trade Execution**: Portal automatically borrows the necessary amount and executes the trade.
5. **Position Management**: Monitor your position's performance and margin level in real-time.
6. **Position Closure**: Close your position manually at any time, and Portal automatically initiates the liquidation process.

***

### Margin and Liquidation

**Margin level** indicates the health of your leveraged position and how close it is to being liquidated.

* A higher margin level means your position is safer.
* If the margin level drops too low, your position may be forcibly liquidated.

{% hint style="warning" %}
⚠️ **Risk of Liquidation**

If your margin level falls below the liquidation threshold, Portal will automatically close your position to repay the borrowed amount. You can avoid liquidation by adding collateral or reducing your debt.
{% endhint %}

{% hint style="success" %}
💡 You can view your margin level in real-time while managing open positions.
{% endhint %}

🔗 [Learn more about margin levels and liquidation](/products/portal/margin-and-liquidation.md)

***

### Getting Started

1. **Connect Wallet**: Access [Loopring DeFi](https://defi.loopring.io) and connect your Ethereum wallet.
2. **Navigate to Portal**: Click on the **Portal** tab.
3. **Deposit Collateral**: Choose your collateral type and deposit the desired amount.
4. **Open Position**: Select the token, direction (long or short), and leverage level.
5. **Monitor and Manage**: Keep an eye on your position and margin level, adding collateral if needed.

***

### Quick Access

* [Loopring DeFi Portal](https://defi.loopring.io/#/portal)


---

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