Articles on: Spot & Margin Trading

How to Get Started with Margin Trading on Fokawa App

Getting started with margin trading on the Fokawa app is straightforward:


  1. Log In to Your Account:Open the Fokawa app and log in.
  2. Open the Fokawa app and log in.
  3. Enable Margin Trading:Go to the 'Margin' section and agree to the terms and conditions.
  4. Go to the 'Margin' section and agree to the terms and conditions.
  5. Transfer Funds:Transfer funds from your spot wallet to your margin wallet.
  6. Transfer funds from your spot wallet to your margin wallet.
  7. Choose Trading Pair:Select the desired trading pair for margin trading.
  8. Select the desired trading pair for margin trading.
  9. Set Leverage:Choose your leverage level (e.g., 2x, 5x).
  10. Choose your leverage level (e.g., 2x, 5x).
  11. Place Order:Place your margin trade by selecting the order type (market, limit, or stop-limit), entering the amount, and confirming the trade.
  12. Place your margin trade by selecting the order type (market, limit, or stop-limit), entering the amount, and confirming the trade.
  13. Monitor and Manage:Keep track of your margin levels and positions to manage risks effectively.
  14. Keep track of your margin levels and positions to manage risks effectively.

Updated on: 19/06/2024

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