Quickstart Guide
This guide will walk you through setting up your wallet and making your first trade on Limora.Before proceeding, please ensure you are not located in a Disqualified
Jurisdiction.
Prerequisites
Before you begin, you’ll need:EVM Wallet
MetaMask, WalletConnect, or any compatible wallet
ETH on Base
Small amount for gas fees (~$1-2 worth)
USDC
Trading collateral on Base network
Step 1: Set Up Your Wallet
1
Install MetaMask
If you don’t have a wallet, install MetaMask as a
browser extension or mobile app.
2
Add Base Network
Add the Base network to your wallet: | Setting | Value | |---------|-------|
| Network Name | Base | | RPC URL | https://mainnet.base.org | | Chain ID |
8453 | | Currency Symbol | ETH | | Block Explorer | https://basescan.org |
Or use Chainlist to add it
automatically.
3
Bridge Funds to Base
Transfer ETH and USDC to Base using the official Base
bridge or a third-party bridge like Stargate.
Step 2: Connect to Limora
1
Visit the Platform
Navigate to app.limora.trade in your browser.
2
Connect Wallet
Click the Connect Wallet button in the top-right corner.
3
Approve Connection
Select your wallet provider and approve the connection request in your
wallet.
4
Accept Terms
Read and accept the Terms of Service and Legal Disclaimer to continue.
Step 3: Deposit Collateral
Before opening trades, deposit collateral to your trading balance:1
Navigate to Balances
Click on Balances in the sidebar navigation.
2
Select Token
Choose USDC (or another supported collateral token).
3
Enter Amount
Input the amount you want to deposit for trading.
4
Confirm Transaction
Approve the deposit transaction in your wallet.
Step 4: Open Your First Trade
Now you’re ready to open a leveraged position:1
Go to Trade Page
Click Trade in the sidebar to access the trading interface.
2
Select Trading Pair
Choose your desired trading pair (e.g., BTC/USDC).
3
Choose Direction
Select Long if you expect the price to rise, or Short if you expect
it to fall.
4
Set Position Size
Enter your collateral amount and select your desired leverage (start with
2-5x if you’re new).
5
Set Risk Management
Configure your Stop-Loss and Take-Profit levels: - Stop-Loss:
Price at which to close the position to limit losses - Take-Profit:
Price at which to close the position to lock in gains
6
Review and Confirm
Review your order details: - Entry price - Liquidation price - Total
position size - Fees Click Open Trade and confirm the transaction in
your wallet.
Step 5: Monitor Your Position
After opening a trade:Pending Trades
View trades waiting to be matched by liquidity providers.
Active Trades
Monitor your open positions and P&L in real-time.
Position Details
Your active trades will display:- Entry Price: The oracle price when your trade was opened
- Current Price: Real-time oracle price
- Unrealized P&L: Your current profit or loss
- Liquidation Price: Price at which your position will be automatically closed
Step 6: Close Your Position
When you’re ready to exit:- Navigate to your active trades
- Click the Close button on the position you want to exit
- Confirm the closing transaction in your wallet
- Funds (minus fees and any losses) will be returned to your balance
Next Steps
Trading Guide
Learn advanced trading strategies and features.
Become a Matcher
Earn interest by providing trading liquidity.
Understand Fees
Review the complete fee structure.
Join Community
Connect with other traders on Discord.
Troubleshooting
Transaction stuck or pending
Transaction stuck or pending
- Check that you have enough ETH for gas fees - Try increasing the gas limit in your wallet - Wait for network congestion to clear
Wallet won't connect
Wallet won't connect
- Ensure you’re on the Base network - Try refreshing the page - Clear your browser cache and reconnect - Try a different browser or wallet
Trade not executing
Trade not executing
- Your trade may be waiting for a matcher to provide liquidity - Check the Pending Trades page for status - Larger positions may take longer to match
Need help? Join our Discord community or check
the Support page.