Open a Long Position
Learn how to open a long position in Marginly
About
Taking a long position means you are betting on a price increase. In this case a loan is taken out in a stablecoin (or other quote asset) to buy more of the asset with the goal of making a profit when the price moves up.
Step-by-step guide
Select a pool with the desired asset on the main screen of the app.
Input margin amount (1), choose leverage (2) and press Long button (3)
Sign transaction in wallet
Receive confirmation
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