How do I trade on Fulcrom?

Follow these steps to trade on Fulcrom:

Select your trading pair
Select your collateral token
Input your trade amount
Select your leverage
Tap Trade Now
Your transaction status will reflect as Pending. Once the order is successfully submitted, you will be redirected to the Positions page with your open position displayed.
You can also check your position by going to My Trades

How are my perpetuals trades executed?

If Fulcrom is selected when trading Perpetuals in Crypto.com Onchain, your trades will be executed by Fulcrom. For more details, please visit the Fulcrom documentation.

Why is my transaction taking so long?

The duration of your transaction is dependent on on-chain activities. As such, it might be delayed when the network is congested.

How many positions can I open for each token pair?

When trading Perpetuals on Fulcrom in Crypto.com Onchain, you can open one long and two short positions for every token pair.

For example, you can have one long position and two short positions for BTC/USD.

Why do I already have a position in Perpetuals under Fulcrom?

You will see an open position if you placed one previously on Fulcrom. Positions are shared across both platforms since you are directly interacting with Fulcrom.

What tokens do I receive when I close my trade?

The tokens you receive depend on the position you opened:

Long Positions: You receive the underlying token of your trade. For example, opening a long position on BTC/USD means you receive BTC when closing the trade.
Short Positions: The tokens you receive are based on your collateral. For example, if you put up USDC as collateral, you receive USDC when closing the position.

Why is my transaction cancelled?

Your transaction might be cancelled for various reasons. This includes:

Broadcast failure
On-chain failure
Fulcrom cancelled your transaction due to a circuit breaker
Fulcrom cancelled your transaction due to liquidity issues

You can check your transaction history by going to My Trades.

How is the liquidation price calculated?

Liquidations are directly handled by Fulcrom. For more details, please visit the Fulcrom documentation.

What is leverage?

Leverage is a tool that allows traders to control a large position in a financial market with a relatively small amount of capital. It amplifies both potential gains and losses. In simpler terms, it's like borrowing money to increase the size of a trade beyond what would otherwise be possible with your own funds.

How does leverage work?

Leverage works by allowing traders to borrow funds from their broker to open larger positions in the market. For example, with a leverage of 1:100, a trader can control a position worth $100 for every $1 of their own capital.

What are the benefits of leverage?

Leverage can amplify profits from successful trades, potentially leading to higher returns. It also enables traders with limited capital to participate in larger market movements.

What are the risks of leverage?

While leverage can magnify profits, it also magnifies losses. Traders can incur significant losses, sometimes exceeding their initial investment. It's essential to use leverage cautiously and manage your risk effectively.

What is Lot Size?

Lot Size is the quantity of a financial instrument traded in a single transaction.

What is ‘Bust Price’?

This refers to the liquidation price. It is the price level at which a trader's position will be automatically closed by Fulcrom to prevent further losses.

How is PnL calculated during liquidation?

This will depend on your liquidation type. Your position will be liquidated if it hits either of these liquidation prices:

Full Liquidation: Your entire position is liquidated, and your PnL will return to your original collateral size less fees
Partial Liquidation: Your entire position is closed, but the realised PnL only occupies a part of your position.

For detailed calculations, please refer to this page.