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
Collateral Deposit: Deposit USDT or ETH as collateral into Portal.
Position Opening: Choose to
Buy / Long
orSell / Short
a supported token.Leverage Selection: Adjust your desired leverage level (up to 10x).
Trade Execution: Portal automatically borrows the necessary amount and executes the trade.
Position Management: Monitor your position's performance and margin level in real-time.
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.
⚠️ 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.
💡 You can view your margin level in real-time while managing open positions.
Getting Started
Navigate to Portal: Click on the Portal tab.
Deposit Collateral: Choose your collateral type and deposit the desired amount.
Open Position: Select the token, direction (long or short), and leverage level.
Monitor and Manage: Keep an eye on your position and margin level, adding collateral if needed.
Quick Access
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