How to use Dexcore
Understanding the DEXCORE Futures Interface
PRICE INFORMATION : SHOWS THE REAL-TIME PRICE LISTS
PRICE CHART: TRADING VIEW REAL-TIME CHARTS
TRADING ACTIVITY PANEL: SHOWS OPEN POSITIONS/ OPEN ORDER / ORDER HISTORY
ORDER BOOK: SHOWS THE REAL TIME ORDER LISTS
ORDER ENTRY: Field is where you’ll input your Buy/Long and Sell/Short orders. You can find a detailed explanation of the available order types further down in this article. You can also switch between Cross Margin and isloated margin at the top of the view. If you want to adjust your leverage, clicking on your current leverage amount (50x by default).
CHANGE TO DIFFERENT CRYPTO
User can change the different cryptocurrencies for the future transcation.
By using search bar, it can be searched in different types of cryptocurrencies.
Dexcore.io has 65 coins for the future transcation on Mar 2024
Trading activity panel
Symbol Green B (BUY,LONG) RED S(SELL,SHORT)
Size = Margin * Leverage
Entry Price= price where the position has been ordered
Break Even Price = size - fees
Mark Price = refers to an estimated true value of a contract. Also known as “marking-to-market,” it takes into consideration the fair value of an asset to prevent unnecessary liquidations during a volatile market. Binance Futures uses Mark Price as a trigger for liquidation
Liq.Price = – Use this tab to calculate your estimated liquidation price based on your wallet balance, your intended entry price, and position size.
Margin Ratio = ratio that can show the risk of liquation.
Margin = actual amount that has been ordered SIZE*Leverage
Adjust Margin- add/ remove margin
PNL(ROI %) =Initial Margin, Profit and Loss (PnL), and Return on Equity (ROE) based on intended entry and exit price and position size.
Close all postions
Market close position
Reverse =a function that allows you to close your position and open a new one with the same parameters, but in the opposite direction. For example: if you have already opened a LONG position and want to close your position in order to open a SHORT position on it, then the "Reverse Order" is for you.
TP/SL = Take Profit (TP) and Stop Loss (SL) orders to manage your positions and limit potential losses. A TP order allows you to lock in profits. You can set a TP order at a price level above (for long positions) or below (for short positions) the market price where you wish to close the trade and take the profit
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