How to Open and Manage Trades on FYBIT Mobile

This guide explains how to open, manage, and close trades in the FYBIT mobile version. The core trading logic is the same as on desktop, but navigation and layout are optimized for smartphones.

1. Mobile Interface Overview

On mobile, the main navigation is placed above the chart:

- Chart
- Create Order
- Positions
- Orders

You switch between these tabs to analyze the market, open trades, and manage active positions.

The chart supports indicators, timeframes, and drawing tools, just like the desktop version.

2. Understanding Buy UP or Buy DOWN vs Sell

Buy UP and Buy DOWN
These buttons are used to open a new position.
Buy UP is used when you expect the price to rise.
Buy DOWN is used when you expect the price to fall.

Sell
Sell is used to fully close an existing position, regardless of whether it was opened as UP or DOWN.

Important note
If you open multiple orders in the same direction on the same asset, they merge into one position with an average entry price and leverage. Opposite directions remain separate.

3. Placing a New Order on Mobile

1. Open the Create Order tab
Tap Create Order above the chart.

2. Choose funding currency
Select BTC, ETH, or USDT as the currency used for margin.

3. Select order type
Market Order executes immediately at current price.
Limit Order executes only at the price you set.

Limit order rules
For Buy UP, the limit price must be below market price.
For Buy DOWN, the limit price must be above market price.
Otherwise, the order executes instantly as a market order.

4. Enter trade amount
Minimum is 5 USDT.
Maximum is 150,000 USDT or equivalent.
You can tap All to use the full available balance.

5. Set Stop Loss optionally
Stop Loss automatically closes the position if price moves against you.

6. Choose leverage
Leverage ranges from 1x to 100x depending on the asset.
Higher leverage increases both profit and risk.

7. Enable Auto Sell optionally
Auto Sell closes the position automatically at 100 percent, 200 percent, or 300 percent profit.

8. Place the order
Tap Buy order UP or Buy order DOWN and confirm.

4. Managing and Closing Positions on Mobile

Open the Positions tab to see all active positions.

Ways to close a position:

1. Sell Market
Tap SELL to close immediately at market price.

2. Sell Limit
Set a price where the position should close automatically.
If placed on the wrong side of the market, it executes instantly.

3. Auto Sell
If enabled, the position closes automatically at the selected profit level.

4. Stop Loss
If price hits the Stop Loss level, the position closes automatically.

Important
FYBIT supports only full position closure. Partial closing is not available.

5. Using Leverage on Mobile

- Leverage amplifies both profits and losses
- FYBIT uses isolated margin
You cannot lose more than the amount allocated to the position
- Fees increase with higher leverage

Example
With 1,000 USDT and 10x leverage, you control a 10,000 USDT position.
A 1 percent favorable move gives 100 USDT profit.
A 1 percent adverse move results in a 100 USDT loss.

Use the calculator to preview PnL and liquidation

6. Liquidation and Loss Cut

Liquidation occurs when price reaches the Loss Cut level.

The Loss Cut price is calculated automatically when opening a position.

You can see it
- Before confirming the order
- In the Positions tab after opening

If you add more orders in the same direction, the average price and liquidation level are recalculated.

7. Averaging Positions

When you open another order in the same direction on the same asset:

- Orders merge into one position
- Average entry price and leverage are recalculated
- Stop Loss and Sell Limit may need to be re entered manually

Auto Sell continues to work for the merged position.

Important
Positions funded with different cryptocurrencies do not merge.

8. Position Expiration

- Each position lasts up to 120 hours
- If not closed, it is closed automatically near expiration
- Adding a same direction order resets the timer

Maximum total lifetime of a merged position is 240 hours.

Conclusion

The FYBIT mobile version offers full trading functionality with a compact and intuitive interface. You can analyze charts, open Buy UP or Buy DOWN positions, manage leverage, and close trades directly from your phone.

Always double check order type, leverage, and risk controls before placing a trade.

For assistance, contact FYBIT Support or visit the FAQ section.

If you are unsure about any term used above, check the full Glossary