# Pro Mode

{% hint style="info" %}
All derivative markets on Demex are settled in the Carbon Grouped $USD Token. Deposit $USD [here](https://app.dem.exchange/account/balance/deposit/cgt/1) and start trading. Learn more about $USD [here](https://guide.dem.exchange/tokens/grouped-tokens).&#x20;
{% endhint %}

**Step 1**: Choose the derivatives market you wish to trade on Demex and search for it accordingly.&#x20;

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2Fk0Oi7bY2H2PURXWttwNi%2FScreenshot%202023-05-16%20at%2010.41.14%20PM.png?alt=media&#x26;token=c711f459-2b84-433d-9ac1-df8684643e50" alt=""><figcaption></figcaption></figure>

To view the parameters of the market, navigate to the Market Details tab. For additional information about each parameter, click on any of the upward-pointing arrows (↗) to be redirected to Carbonscan.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2Flwoi7dR6N3q5K6HDHi6P%2FScreenshot%202023-05-16%20at%2010.39.01%20PM.png?alt=media&#x26;token=3733b2a4-3e9c-445a-ad12-b54a0be30617" alt=""><figcaption></figcaption></figure>

**Step 2:** Input your trade order accordingly, taking into consideration the desired leverage for your position, which can be set up to a maximum of 50x. If the desired percentage is not available in the slider options, you can add your custom leverage by clicking the 📝 icon.&#x20;

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FQ8qWbvduoq5GUGAOkIxe%2FScreenshot%202023-05-16%20at%2010.41.23%20PM.png?alt=media&#x26;token=b81063fc-5c4c-4aba-badf-e587e1e46f28" alt=""><figcaption></figcaption></figure>

For instructions on how to set the market leverage¹, please refer to the section at the bottom of the page. Further details on leverage can be found in the technical documentation provided **here**.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FoDxhTIvYr2O7n7R5Jxp4%2FScreenshot%202023-05-16%20at%2010.38.21%20PM.png?alt=media&#x26;token=48dc4010-db87-4254-a464-b7d89f588c49" alt=""><figcaption></figcaption></figure>

You can conveniently switch between short and long positions with a single click on Demex.

### Additional Features

1. **'Post only' and 'Reduce Only' options**

* When selecting 'Post only', your order will be automatically canceled if it can be matched with existing orders, allowing you to pay maker fees instead of taker fees.&#x20;
* 'Reduce Only' allows you to place orders specifically intended to reduce your current position, offering more flexibility in managing your trades.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FMIkLv9vrHd72hMlHxivR%2FScreenshot%202023-05-16%20at%2010.44.47%20PM.png?alt=media&#x26;token=dc54edcc-6392-4342-be40-318dedfe45e8" alt=""><figcaption></figcaption></figure>

2. **Positions and Orders**

Below the trading chart, you can find a table displaying your positions. This table allows you to monitor your positions and provides options to close or market your position whenever you choose.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2F1ZL1lv0BDveShtaRlgH9%2FScreenshot%202023-05-16%20at%2010.53.31%20PM.png?alt=media&#x26;token=d746c9f2-14ad-4b6f-ae56-be6cf2718949" alt=""><figcaption></figcaption></figure>

To further improve your trading experience, Demex has introduced an "Edit Margin" feature. Simply click on the 📝 icon to access this functionality.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FZKYtMx5qxaZ9kVMrCNRO%2FScreenshot%202023-05-16%20at%2010.50.38%20PM.png?alt=media&#x26;token=8aa336de-530b-423b-97f5-81ec2a0ce432" alt=""><figcaption></figcaption></figure>

You have the flexibility to add or remove margin as needed and make adjustments to your position accordingly.

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FHCFzuU0LyHB6cZKwGfR6%2FScreenshot%202023-05-16%20at%2010.50.45%20PM.png?alt=media&#x26;token=4aac7d84-ae4b-4d4d-ae9c-e5fe6e6048a5" alt=""><figcaption></figcaption></figure>

## Switch to Lite Mode 🔜

{% hint style="success" %}
Lite Mode allows users to trade perpetuals with leverage through a familiar, swap-style UI.
{% endhint %}

<figure><img src="https://3548599389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO-XZjWplLUJPNs07G8%2Fuploads%2FfAtBFeDvEtgnrhevaNGz%2F3.png?alt=media&#x26;token=3ea2d886-26c8-4cd8-a5cd-ae3624a515a6" alt=""><figcaption></figcaption></figure>

Trade perpetuals with leverage easily in just one click with Lite Mode by clicking on the 'Switch Modes' button. Only market orders are supported.&#x20;

For the user guide on how to trade under Lite Mode, click [here](https://guide.dem.exchange/~/changes/REiUq5w3vfdfOKEL0jdy/trade/futures/trading-mode/lite-mode).

#### ¹**Setting Market Leverage**

The market leverage set changes your tabulated “cost”, which represents the portion of your available funds used as margin for a specific position. Adjusting the market leverage consequently alters the liquidation price associated with that position.

Let's consider a scenario where you hold a long futures position. Increasing the leverage reduces your "cost" or margin funds, minimizing the amount you would lose if liquidated. However, it also significantly raises the liquidation price, meaning that even a slight drop in the mark price could result in liquidation.

As the "cost" for the position decreases, you can take on a larger position using the same margin, potentially yielding higher gains.

It is easier to think about leverage by deciding on the quantity of Bitcoin you want to buy in futures, as this determines how much you will profit given a change in the mark price. This quantity of Bitcoin in futures is now the position you intend to open, and you can then select the desired leverage based on your risk tolerance.

For further details, please consult the [glossary](https://guide.dem.exchange/~/changes/REiUq5w3vfdfOKEL0jdy/trade/futures/glossary) for additional information.
