Creating an Account

To get started with trading on Perped, you need to:

• Approve your Token spending limits.

• Fund the Airnode's sponsor wallet.

• Make an Account.

Approving the Spending Limit

Go to Trade and connect your wallet. Make sure you're on Polygon Mainnet

Select a market to trade and approve the token spending limit. In this case, we are trading TSLA/USDC, so we'll need to approve the USDC spening limit. Enter your amount and click on Approve USDC. Confirm the transaction.

Funding the Airnode's Sponsor Wallet

After approving the spending limits, you are now required to fund the sponsor wallet. For Airnode to request off-chain data, it uses the sponsor wallet to incur gas costs for each time data is requested from an Airnode. Each requester has a different sponsor wallet for their requests.

Click here to read more about how it works

Click on Sponsor your Wallet to send funds to the sponsor wallet. Confirm the transaction pop-up.

Creating a Trading Account

After funding the sponsor wallet, the final step will be to make a trading account on the platform. For that, click on Create Trading Account and confirm the transaction pop-up.

You are now ready to Trade!

Check out the other guides on Opening and Closing a Long/Short Trade.