Sign UpFAQ for Lite Perpetual
2024-08-23
Here are some frequently asked questions in regards to our Lite Perpetual function on Toobit. We hope this FAQ helps answer your inquiries.
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How do I switch to different derivatives; USDT Perpetual and Lite Perpetual on Toobit？
You can choose the different derivative versions that you prefer to trade from our homepage.
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What's the difference between Lite Perpetual and USDT Perpetual？
There are 3 key factors that make Lite Perpetual different from USDT Perpetual:
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Order Mode: Lite Perpetual only supports By Cost mode while USDT Perpetual supports both By Cost and By Size mode.
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TP/SL: Lite Perpetual can be triggered based on the percentage of profit or a fixed price, while USDT Perpetual only support triggered by fixed price.
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Order Type: Lite Perpetual only supports Market order and Trigger order, while USDT Perpetual supports three types of orders; Market order, Trigger order, and, Limit order.
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Are the assets in the Lite perpetual account separate from the USDT perpetual account?
Lite Perpetual and USDT Perpetual use the same asset accounts.
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Why can't I set a limit order via Lite Perpetual？
Currently, Lite Perpetual only supports Market order and Trigger order.
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Why can't I choose the mode 'By Size' when using Lite Perpetual？
Currently, Lite Perpetual only supports 'By Cost' mode. However, USDT Perpetual supports both 'By Cost' and 'By Size' mode.
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How do I close position via the trading interface？
Currently, Lite Perpetual only supports close position via position interface. Please refer to the screenshot below to see how to close position via position interface in Lite Perpetual.
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