To start trading on Storm Trade, youโll need to open your first position. Hereโs a step-by-step guide to help you do that using @StormTradeBot.
๐งญ Step-by-Step Guide
Go to @StormTradeBot and click Start. Then press the Trade button to launch the Storm app.
- ๐
Connect your walletand make sure it has enough funds:- Itโs recommended to have at least 1 TON;
- Only ~0.25 TON is typically needed to cover network fees.
- ๐ Go to the
Tradetab to access the trading interface. - ๐ Select a trading pair using the search bar or from the available list.
- โ๏ธ Choose your position direction:
Longโ if you expect the price to go up;Shortโ if you expect it to go down.
- โ๏ธ Choose the order type:
- By default,
Market Orderis selected โ it opens your position at the current market price. - Learn more in the Order Types section.
- By default,
- ๐ผ Select the asset youโll use as collateral (TON, USDT, or NOT), and enter the desired amount.
- ๐๏ธ Set the
leverage:- Available leverage may vary depending on the trading pair;
- Storm Trade offers leverage from 1x (lower risk, moderate profit) to 500x (higher risk, higher reward).
- ๐ก๏ธ Set protective orders:
Stop Lossโ automatically closes your position if the loss limit is reached;Take Profitโ closes the position at your desired profit level.
- ๐ Check your Reward Points:
- Earned rewards will be distributed as a drop in STORM tokens;
- Holders of Market Makers NFT can boost reward farming up to 2x by holding 1 to 5 NFTs in their wallet.
- ๐งพ Check the fee:
- If you joined via a referral link, your fee will be reduced based on your inviterโs discount tier.
- โ
Confirm the transactionin your wallet. Once confirmed, your position details will appear on the chart, including entry price, liquidation level, and set orders.
๐ธ Fees
โ When opening a position, up to ~0.25 TON will be deducted to cover the network fee. Around 0.17 TON is refunded back to your balance.
๐น Storm Trade Trading Fees:
- USDT pairs โ from 0.06% to 0.12%
- TON/NOT pairs โ from 0.12% to 0.2%
๐ข These are among the lowest trading fees in DeFi.
โ Closing a Position
โ If a Stop Loss or Take Profit order is triggered, the position is closed automatically โ no additional network fee is charged.
โ๏ธ To close a position manually:
- Click Close Position;
- Confirm the transaction;
- Your funds (including any profit or loss) will be returned to your balance.
๐ Ready for Your First Trade?
๐ Join Storm and start trading on your terms!