⚙️Trading Basics
Learn the fundamentals and basics for trading on Vertex.
Trading Settings
Settings is where you can customize your trading experience.
-> Click on your wallet to open Wallet Control
-> Click on the ⚙️ icon in the top
Adjusting Slippage
You can adjust your slippage tolerance for each type of market order. If you do not set it, the exchange will use the default settings.
To adjust, simply open settings and input your desired tolerance for the corresponding order.
Market Order: Default = 1%
Stop-Market: Default = 5%
TP: Default = 1%
SL: Default = 5%
Trading Orientation
You can choose what side of the interface you want the trade entry to be on.
Simply select the left or right side in the settings.
Order Notifications
The exchange delivers order placement, fill, cancel, and error notifications to traders via the bottom right of the app.
You can choose to stop receiving these OFF in the settings.
Order Lines
Open limit orders and position entries will be displayed using a line on the market's price chart.
You can choose to hide these in settings.
Managing Open Orders
There are two types of open orders:
Limit Orders
Trigger Orders: Including TP, SL and Stop-Market .
Both are displayed in their own tables, which can be found:
While trading spot or perps under the price chart.
On the Portfolio's Orders sub-page.
To cancel an open order:
-> Click on the Cancel button for the order you wish to cancel.
Navigating Markets
Here is how you can quickly access the markets you want to trade and their info:
Markets Page displays every market, real-time stats, and exchange totals.
Trade in the nav bar opens a drop-down and let's you quickly pick a perp or spot market.
While Trading you can click on the market in the top left of the page to open a drop-down and switch markets.
Market Details
If you want to learn about a market's details, including information like initial/ maintenance margin requirements and min order size, then click on the Market Details button found:
On the Markets Page for each spot and perp market.
In the bottom left of trading (below the account details) for the current market .
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