# How to Trade Perpetual Futures?

This guide provides a streamlined walkthrough for opening your first perpetual futures trade on Cwallet.

Perpetual Futures page: <https://my.cwallet.com/perpetual-futures>

**Here is a guide on trading perpetual futures:**

Navigate to the '**Futures**' tab and select '**Perpetual Futures**'.

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Browse the available trading pairs, such as **BTC/USDC** or **ETH/USDC**. For your first trade, it is recommended to choose a pair with high liquidity (major tokens).

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Perpetual positions require collateral (margin). Ensure you have **USDC** in your Futures account. If you hold other assets, you can use **buy crypto or swap** features to convert them instantly.

**How to Swap:** <https://docs.cwallet.com/spot-trade/swap/how-to-swap>

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Choose your leverage level to determine your buying power.

After you enter the leverage level, you can check the estimated liquidation price shown on the page.

<mark style="color:green;">**⚠️ Safety Note:**</mark> Beginners should keep leverage low (e.g., 2x to 5x) to minimize risk.

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Select how you want to enter the market:

* **Market Order:** Executes instantly at the current price for immediate entry.
* **Limit Order:** Executes only when the market reaches your specified price, giving you more control.

<mark style="color:green;">**⚠️ NOTE:**</mark> For beginners, the limit order is often safer — it prevents slippage and gives control.

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Before opening the position, set your **Stop Loss (SL)** to limit potential losses and **Take Profit (TP)** to lock in gains automatically.

<mark style="color:green;">**⚠️ NOTE:**</mark> This is an essential habit for protecting your capital.

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Check the estimated maker/taker fee shown before you submit, view the current funding rate (displayed on the pair page), consider its effect if you hold overnight, and confirm estimated slippage and PnL preview on Cwallet.

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Decide your direction based on your market view:

* Click the '**Buy (Long)**' button if you expect the price to rise.
* Click the '**Sell (Short)**' button if you expect the price to fall.

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Once the order lives, you can monitor your position in real-time. When you are ready to exit, use the '**Close All**' button or set a reverse order to finalize the trade and settle your profits.

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