# Place a limit order

### Step 1: Enter collateral amount

Type in how much collateral you'd like to use for the trade.

<figure><img src="/files/4YbPvgO9fFpAusiv7ct5" alt=""><figcaption></figcaption></figure>

### Step 2: Enter Limit Price

Enter the price you'd like the order to execute at.

<figure><img src="/files/1sL8OEiOVMsFtJBz2pVi" alt=""><figcaption></figcaption></figure>

### Step 3: Select Leverage

Use the slider to enter the leverage for the position. You can see this change the amout of exposure you'll have in the above input.

<figure><img src="/files/9zssv929IXRlKCP3GHfH" alt=""><figcaption></figcaption></figure>

### Step 4: Place Order

Once ready, select "Place Trade" and follow the prompts to place your limit order.

<figure><img src="/files/sVpLRkIe7hMwdvJ4NSpZ" alt=""><figcaption></figcaption></figure>

### Step 5: Check you open orders

Use the "Orders" tab to check the open orders you have. You can click the X button to cancel them!

<figure><img src="/files/DNqy9arXhTJiHE1kmsz6" alt=""><figcaption></figcaption></figure>

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