One of the ways you can Earn on Lif3 Trade is by Trading.
On Lif3 Trade, you can:
Swap allows you to earn by creating your own "synthetic shorts" by selling a token A at a certain price for stablecoins and then buying it lower, effectively buying more than what you originally had in your wallet.
You are also able to either Long or Short, which is basically taking a directional position in the market. For example, you could place a Long on a token because you believe that the future token price will be higher. Lif3 Trade will allow you to close that trade for a profit, and when using leverage, this allows you to aim for greater returns.
As a trader, you must acknowledge and agree that you shall access and use Lif3 Trade at your own risk. You should fully understand the risks associated with leverage trading (be aware that trading with leverage incurs risks of liquidation and is considered a risky endeavour) and that you are solely responsible and liable for any and all trading and non-trading activity on our decentralized trading platform.
Trading on Lif3 Trade
allows you to trade in different ways, whether you want to swing trade, scalp the market on low time frames, or even hedge your spot positions of your assets.
If you are a visual learner, feel free to learn about this topic using the tutorial below: