FAQ - Insured Trading

SureYield Insured trading FAQ

What is SureYield Insured Trading?

SureYield Insured Trading allows users to long or short top crypto tokens with 2x leverage and a 5% take profit target. Trades are insured, meaning if a trade results in a loss, the initial investment is returned in SYD tokens.

How does Insured Trading work?

Users deposit USDC to open trades. Profitable trades are paid in SYD tokens with a 110% return, while losses are covered with the initial investment returned in SYD tokens.

What are the benefits of Insured Trading?

Insured Trading offers high profit potential with minimal risk, leveraging 2x trades and a 5% profit target. It features a deflationary SYD token mechanism and provides a user-friendly trading experience with no additional fees.

How is my trade insured?

If your trade does not reach the profit target and results in a loss, SureYield insures your initial investment by returning it in SYD tokens.

What is the role of the SYD token in Insured Trading?

The SYD token is used for both profit payouts and insurance coverage. It also benefits from deflationary mechanics, buy pressure, and liquidity enhancement, contributing to its value and utility in the ecosystem.

How do I open a trade?

Deposit USDC into your SureYield account, choose to long or short a crypto token with 2x leverage, and monitor your trade through the platform’s dashboard.

What happens if my trade is profitable?

If your trade reaches the 5% take profit target, your initial investment plus 10% profit is paid out in SYD tokens.

What happens if my trade results in a loss?

If your trade does not reach the profit target and results in a loss, your initial investment is returned to you in SYD tokens.

Are there any fees associated with Insured Trading?

No, SureYield Insured Trading has no opening, closing, or rollover fees, making it a cost-effective trading option.

What does the "Wait" stage mean in Insured Trading?

The "Wait" stage is displayed after a trade is opened and the price is neither below nor above the 5% Take Profit (TP) threshold. During this period, you simply wait for the market to move.

When does the "Take Profit" button appear?

The "Take Profit" button appears once the price has moved at least 5% in your intended direction (e.g., the price has increased 5% if you went long). At this point, you can click "Take Profit" to secure your 110% profit, paid in SYD tokens.

What happens if the price moves more than 5% in my favor?

Regardless of how much the price increases beyond the 5% TP threshold, your profit is capped at 110% due to the 2x leverage and 5% TP.

What does the "Close" stage indicate?

Answer: The "Close" stage is displayed once the price has moved at least 5% against your intended direction (e.g., the price has decreased 5% if you went long). You can then click "Close" to receive your full trade amount back in SYD tokens.

What should I do during the "Wait" stage?

During the "Wait" stage, there is no action required. Simply monitor your trade and wait for the market to move either to the "Take Profit" or "Close" stage.

How is my profit calculated in the "Take Profit" stage?

In the "Take Profit" stage, your profit is calculated as 110% of your initial investment, paid in SYD tokens, due to the 2x leverage and the 5% take profit target.

What happens to my investment if the trade reaches the "Close" stage?

If the trade reaches the "Close" stage, your initial investment is fully insured, and you will receive the entire trade amount back in SYD tokens.

Last updated