First Trade
To make your first trade on Jetstream, you need to accomplish some preparation actions, like connecting a wallet and increasing your account's demo balance, which we will explain below.
Connecting a Wallet
We'll help you connect your crypto wallet to our platform seamlessly. Whether you're a novice or an experienced trader, follow these simple steps to get started.
Watch the video guide here:
Step 1: Initiate Connection
Begin by locating and clicking the "Connect Wallet" button, which you can find across Jetstream Platform interface. For instance, in the top right corner
Step 2: Select Your Wallet
Upon clicking "Connect", you'll be presented with a list of supported wallets. For this guide, we'll proceed with MetaMask.
However, it's worth noting that Jetstream supports over 100 different wallets on EVM-compatible networks, allowing you the flexibility to choose any wallet you prefer.
Step 3: Approve Connection
After selecting your wallet, it will prompt you to request basic actions to approve the connection. Click "Connect" on your wallet to continue.
Rest assured, Jetstream or your wallet charges no fees to establish this connection.
Step 4: Verify Wallet Ownership
To ensure security and verify your wallet ownership, simply click "Confirm" when prompted by the platform.
Step 5: Finalise Connection
Your wallet will then display a sign-in request. Approve this action by pressing "Sign-in" to finalise the connection.
Congratulations! You are now successfully connected to Jetstream and ready to explore the vast opportunities our platform offers. Navigate through our trading options, and don’t hesitate to delve deeper into our other guides for more insights on maximising your trading experience.
Increasing Demo Balance
Watch the video guide here:
Now, you'll need to increase the balance of your Jetstream account using our built-in faucet. If you're looking to practice your trading strategies without any financial risk, you're in the right place. This quick tutorial will show you how to easily boost your demo balance, allowing you to test trades in a risk-free environment.
Step 1: Navigate to Account Details
Once your wallet is connected, navigate to the "Account Details" tab on the Jetstream platform.
Clicking this button activates our in-platform alternative to the traditional faucet feature, ensuring you don't have to leave the site to search for external faucets. Everything you need is right here!
Step 2: Increase Your Balance
In the "Account Details" section, you'll find the "Increase" button.
Enter the amount you wish to deposit, choose chain and click "Deposit"
Step 3: Confirm the Action
After clicking "Increase", a small pop-up will appear in your wallet requesting confirmation. Go ahead and confirm the request.
Remember, this process uses demo balance only, meaning no real funds are involved.
Step 4: Verify the Update
Your demo balance will be updated almost instantly. You can verify the new amount in the same "Account Details" tab to see your boosted balance.
And that’s it! You now have a refreshed demo balance to continue practising your trading strategies on Jetstream. Experiment with different trades and settings without any risk.
First Trade
This guide will walk you through making your first market order, a simple but essential skill for engaging with assets on the platform.
Watch the video guide here:
Step 1: Navigate to the "Place Order" Section
On the Jetstream platform interface, locate the “Place Order” section on your screen's right side.
Step 2: Choose Your Order Type
Here, you have the option to place either a Buy or Sell order.
For immediate engagement with an asset, select the Market Order option.
Step 3: Enter Order Details
Fill in the quantity of the desired asset you wish to buy or sell.
Click the “Place Buy” (or “Place Sell”) button to execute your order.
Optionally, you may select the “Reduce-Only” option for added risk management.
Step 4: Confirm Position
You'll see a summary of your position, including fee estimation. Click "Confirm" to place your order.
NOTE: You can click "Don't show again" to avoid repetitive confirmation and place orders instantly after a click
Step 5: Analyse Your Portfolio Adjustments
After placing your order, check the bottom-right corner of the platform to see changes in your account details, including:
Leverage: Auto-selected by Jetstream based on risk management principles.
Margin Utilisation: Indicates the percentage of your portfolio used to maintain open positions.
Equity: Your account's current value, fluctuating with market movements.
Open P&L: Potential gain or loss if all positions were closed at the market price.
USDC Collateral: Assets on balance, covering margin or losses.
Required Margin & Available to Decrease: Funds needed to maintain positions and available for withdrawal.
Step 6: Monitor Your Trades
Access the tab at the bottom of the screen to track open positions, orders, and trading history.
Open Positions: View details of all current positions, including contract names, position sizes, average entry prices, mark prices, margins, leverages, unrealised P&L, and ADL rank.
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