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Pro Mode gives you full control over your trades — order types, leverage, TP/SL, and position management all in one place. Follow the steps below to open your first position. For definitions of key terms, refer to the PCS Perps Glossary.

Head to pancakeswap.finance/perps or click Perps in the main PancakeSwap navigation bar.

Click Connect Wallet in the top right corner. No account creation or KYC required — your wallet is your account.

Select Simple Mode for a fast one-tap long or short with preset sizes. Switch to Pro Mode if you want to set limit orders, configure TP/SL, or manage positions in more detail.

Click on the pair name at the top of the page to open the asset selector. A huge variety of token pairs are available.

Analyze the chart and decide your strategy

Section titled “Analyze the chart and decide your strategy”

Use the built-in TradingView chart to analyze price action before placing your trade. All standard charting tools are available.

In the order panel, configure the following:

  1. Long or Short — select the direction of your trade
  2. Leverage — use the slider or type manually to set your leverage. Up to 200× is available on BTC.

⚠️ High leverage carries significant risk. Use it carefully.

  1. Order type — Market (fills immediately) or Limit (fills at your chosen price)
  2. Position size — enter the size of your trade in your preferred reference currency

Set Take Profit and Stop Loss (optional)

  • Take Profit — your position closes automatically when your target gain is reached
  • Stop Loss — your position closes automatically to limit losses at a set threshold

Once all parameters are set, click Buy / Long Or Sell / Short to submit your order.

Your order will appear under Positions while it waits to be filled.

Good luck with your trades!