A Perps trade allows you to take a position on whether a market price will go up or down. There is no fixed end date, so you decide when to close your position.
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Long means you expect the market price to rise, so you place a Buy/Long order.

Short means you expect the market price to fall, so you place a Sell/Short order.
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Leverage is a multiplier you choose before opening a trade. The required initial margin changes when you change the leverage. Leverage can magnify both gains and losses.
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Margin is the money held for your open position. When you open a trade, the required margin is locked and deducted from your available balance. It is released when the position is closed.
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The required margin for your position is locked and deducted from your available balance when the trade opens. The funds are not necessarily lost and are released when the position is closed.
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Unrealized profit or loss is the current profit or loss on a position that is still open. It updates in real time as the mark price moves.
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The position closes completely, the realized profit or loss is applied to your wallet, and the locked margin is released.
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Stop Loss and Take Profit are trigger prices set on an open position. They execute automatically when the market reaches the applicable trigger price.
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This means your available balance is lower than the amount required for the transaction. You may need to deposit more funds or use a smaller amount.
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Your available balance is lower than the amount you are trying to withdraw. Some funds may also be locked as margin in an open position.

Predict allows you to choose an answer to a real-world question. If you are correct, each winning share pays $1. If you are wrong, you lose the amount you put into the prediction.
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Outcomes that are less likely generally pay more if they are correct, while outcomes that are more likely generally pay less.
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The displayed percentages can change as people make their predictions and the market changes.
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Available markets can include crypto Up or Down markets over 5 and 15 minutes, live esports, tennis, and soccer with a Draw option, depending on what is currently available.
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Tap Add Funds on the Predict screen, choose an available funding source such as your USD balance, enter the amount you want to use, and confirm.
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The maximum amount you can lose on a single prediction is the amount you put in. For example, a $1 stake would result in a $1 loss if your prediction is wrong.

No. "Perps" follows a market price and can use leverage, while "Predict" is based on the outcome of a specific question or event, with each winning share paying $1.
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"Perps" allows you to take a Long or Short position based on market price movement. "Predict" allows you to select an outcome to a specific question or event.