💹How to Trade Perps on MadHoney
Welcome to MadPerps, where the bears go to trade. Here’s your step-by-step guide to ape into the market like a true degen 🐻:
Step 1: 🦊 Connect Your Wallet
Open MadHoney.
Smash that Connect Wallet button.
Choose your weapon (MetaMask, WalletConnect, etc.).
Pro Tip: If your wallet isn’t connected, are you even a real degen?
Step 2: 💵 Fund Your Wallet
Deposit collateral assets like $HONEY or $NECT.
Make sure you’ve got enough for gas fees (yep, even bears gotta pay gas).
Step 3: 🐾 Pick Your Perp
Head to the Trading tab.
Browse the available pairs (ETH/USD, BTC/USD, etc.).
Choose wisely, fren (or don’t — we’re not your financial advisor).
Step 4: 📈 Place Your Trade
Enter the amount you want to trade and pick your leverage.
Warning: Leverage is spicy. Handle with care.
Review your position (or don’t, degen).
Smash the Confirm button and let the bear gods decide your fate.
Step 5: 🐻 Manage Your Position
Track your open positions in the Portfolio tab.
Adjust or close trades as needed.
Hodl if you're bold. Exit if you're weak.
Bear Wisdom: "Buy high, sell low" is not the meta (but we’ve all been there, fren).
FAQs (a.k.a. "What Do?")
What’s a perp? A perpetual contract (a.k.a. “perp”) is like a futures contract but without an expiration date. It’s for big brain traders.
Can I lose money? Yes. Welcome to crypto.
Why is everything so risky? Risk is fun. If you wanted safe, you’d be buying bonds, not trading perps.
Now go forth, fren. Trade responsibly (or don’t). Ooga booga. 🐻💹
Last updated