A calculator is a handy tool that helps you check exactly how will your position look when you make a specific order. Just click the "Calculator" icon at the top right side of the app to open the "Trading calculator" window.
Now choose the side (1) of the market - "BUY" if you think the cryptocurrency (here BTC) will go up or "SELL" if you think it will go down.
Then choose the type of the order (2) "Market" if you want to buy or sell at the current market price, or "Limit" to set the desired price that will execute the order.
Finally, type in the number of contracts you plan to buy.
The trading calculator will immediately give you all the information about the position:
- Initial margin
- Available balance on your account
- Price change in BTC
- Price change in USD
- Estimated liquidation price
- Fair price / Estimated liquidation difference.
Thanks to the calculator you can learn all these details without placing orders.