VOOI:operationalGuidelines

Manual Trading vs. Automated Trading

Manual trading: This guide focuses on manual trading. Manual trading allows for intuitive decision-making, flexible strategy adjustments, a comprehensive understanding of market context, and personal engagement in the trading process. It's advisable to start trading manually to understand the trading process fully.

Automated trading: For those who are technically savvy, there is a guide on using signal bots for automated trading on Orderly: VOOI:signalBotGuide. Automated trading offers advantages such as speed, efficiency, emotionless decision-making, consistency, continuous market monitoring, and advanced data analysis.

How To Use VOOI: A Full Guide on Unified Trading Terminal

Follow these steps to get started with the VOOI unified trading terminal:

Step 1. Connect Your Wallet

• Select a compatible wallet and connect it to the VOOI unified trading terminal.

Step 2: Select Perp DEX

• Select the perpetual DEX and the blockchain network you want to trade on.

Step 3: Enable Trading

• Enable trading if required,

• Deposit funds for trading.

Step 4: Start Trading (Open Position)

• Before you start trading, consider activating a referral program. For more information, read VOOI:referralProgram,

• Select an underlying token and specify leverage,

• Place an order to open a position.

Step 5: Trade and Settle PnL

• Settle PnL periodically to maintain your trading positions.

Step 6: Close Position

• Place an order to close a position,

• Check pending orders and executed orders.

Step 7: Stop Trading

• Place orders to close open positions,

• Settle PnL,

• Withdraw the collateral (partly or fully).

You place orders to open and close long and short positions:

• For more information about position types, please refer to VOOI:positionTypes

• For more information about order types, please refer to VOOI:orderTypes

Step 1. Connect Your Wallet

To connect your wallet:

1. Navigate to VOOI Unified Trading Terminal at https://app.vooi.io
2. Click the Connect Wallet button in the top right corner of the terminal:
3. Select an installed wallet or install a wallet of your choice:
4. Select an account (address) in the wallet and connect to app.vooi.io:

Step 2: Select Perp DEX

The VOOI unified trading terminal provides a web-based interface to interact with the following perpetual DEXs:

• Orderly

  • Сollaterals: USDC

  • Supported networks: Arbitrum, Optimism, Base, Mantle, Sei Network, Ethereum, Avalanche, Morph, Sonic, Bearchain, Story, Solana

• KiloEx

  • Collaterals: USDT

  • Supported networks: opBNB, BNB Chain, Manta, Taiko, Base

• SynFutures

  • Collaterals: USDB, WETH, fwWETH, PAC, ezETH, ESE, weETH, wrsETH, BLAST

  • Supported networks: Blast, Base

• Hyperliquid

  • Collaterals: USDC

  • Supported networks: Arbitrum

While the trading process is generally similar across these platforms, each has unique features and specifics. Below are instructions for trading on Orderly. The instructions can be used as a general guide.

1. Select the perpetual DEX from the drop-down list at the right:

Step 3: Enable Trading

While the trading process is generally similar across the supported perpetual DEXs, each has unique features and specifics. Below are instructions for trading on Orderly. We will add detailed instructions for each platform later. For now, you can use the Orderly instructions as a general guide.

To start trading:

1. For Orderly you must first enable trading, so click at the Enable trading button in the pop-up window: Or, if you have closed the pop-up window, click Enable trading at the right of the trading terminal:
2. Provide a signature using your connected wallet to open an account on Orderly:
3. After sending your signature to open an account with Orderly, a pop-up window will appear to deposit funds. You can choose to deposit immediately or later. If you decide to deposit funds later or add more funds, simply click on Deposit at the top of the trading terminal:
4. If you don't have the tokens needed to make a deposit, you can use the VOOI bridge/swap section to make an on-chain swap or cross-chain bridge through VOOI partners:
5. Depositing tokens as collateral into your trading account on Orderly: this collateral serves as a security deposit that ensures you can cover potential losses from your leveraged trades. To deposit funds: (1) Select the chain where you hold tokens for depositing and have gas tokens to cover transaction fees, (2) Specify the amount of tokens you wish to deposit, (3) Switch the chain if necessary: For Orderly, the collateral token is USDC, and the supported chains are Arbitrum, Optimism, Base, Mantle, and Ethereum.
6. Approve the token usage by pressing the Approve button and confirming the action in your wallet:
7. Once the approval transaction is processed, deposit the collateral by pressing the Deposit button and approving the transaction in your connected wallet:
8. Depositing usually takes a few seconds, but sometimes it may take longer:
9. Once the collateral is deposited, the Total collateral value at the top of the trading terminal will be updated:

Step 4: Start Trading (Open Position)

Before you start trading, consider activating a referral program. For more information, read VOOI:referralProgram

To place an order to open a position:

1. Select the underlying token (the asset for your trading position):

   You can create a list of your favorite underlying tokens by clicking the star sign next to the token. These tokens will be available in the Favorites section.

2. Specify the leverage you want to use for your trade. Leverage allows you to control a position larger than the amount of collateral you have deposited: Important: Trading with high leverage can significantly amplify both gains and losses. Even small adverse price movements can result in substantial losses, potentially leading to the liquidation of your entire position. High leverage also increases the risk of margin calls, requiring additional funds to maintain your position. The number next to the underlying token indicates the maximum leverage available for that token. For example, if you specify 50x leverage for your trade but the underlying token has a maximum leverage of 10x, you will be trading with a leverage of 10x:
3. Specify the size of your position:
4. Decide which position to open: long or short. For more information on Long / Short positions, refer to VOOI:positionTypes

5. Select the order type: Market / Limit / Stop Limit For more information on the order types, refer to VOOI:orderTypes

6. Place your order:

   • Press the Buy button to open a long position.

   • Press the Sell button to open a short position. For more information on Long / Short positions, refer to VOOI:positionTypes

7. Once the order is executed, you will see your position: Pending orders are listed under the Pending tab.

Step 5: Trade and Settle PnL

You can open as many positions as you want while trading within the deposited collateral limit:

Trading Portfolio

• Positions: Displays currently open positions with details like size, entry price, and profit/loss (PNL)

• Pending: Shows orders that have been placed but not yet executed. You can cancel these orders at any time.

• Trade history: Lists the history of open and closed positions and orders.

• TP / SL: Displays take profit and stop loss orders. You can modify or cancel these orders before execution.

• Liquidations: Lists positions that were closed due to reaching their liquidation price.

Settling PnL

PnL (Profit and Loss) measures the financial performance of a trading position or portfolio over a specific period.

Settle PnL without closing a position means you can finalize and realize the profits or losses from the open position up to the current point, without closing it. This updates your account balance with the realized PnL, reflecting the current performance of your trade while keeping the position open for future gains or losses:

Step 6: Close Position

To close a position, place an order to close the position:

1. Navigate the section of the trading terminal where your open positions are listed:
2. Identify the position you want to close.

3. Next to the position, click the Close button to place a Market order to close the position immediately or click the TP/SL button to place a Take Profit (TP) order and/or a Stop Loss (SL) order to close the position: For more information on the order types, refer to Orders to Close Positions
4. You can find your pending TP/SL orders in the TP/SL section, where you can view, edit and cancel pending orders:
5. You can find your executed orders in the Trade history section:

Step 7: Stop Trading

At some point, you may want to stop trading and withdraw your funds either fully or partially. Here are the steps to do so:

• Withdraw Unused Assets: You can withdraw assets that are not engaged in trades at any time.

• Withdraw All Funds: To withdraw all funds, close all open positions, cancel pending orders (if any) and withdraw funds from your trading account.

Withdrawal steps:

1. Press the Withdraw button:
2. Specify the amount to withdraw:
3. Switch the chain if needed:
4. Settle any unsettled PnL.

5. Press the Withdraw funds button.

6. Confirm transaction in you wallet:

Video Instructions (Orderly)

Please watch this 2.5 minute video to see how to trade on Orderly:

Important Chapters in the Video:

• 0:09 — Step 1: Deposit & Wallet Connect,

• 0:55 — Step 2: How to Open a Trade,

• 1:37 — Step 3: How to Open TP/SL Orders,

• 2:03 — Step 4: How to Close Trading Positions and TP/SL Orders.