# Open a margin position

### User Guide

* **Connect your wallet** to Sendit and navigate to the **Margin Trading** page.
* **Search for the market** of the token you want to trade.
  * Use the search bar to look up by name, ticker, or contract address.
  * Click on the token’s market to open the trading interface.

<figure><img src="/files/4mLNJ384oLcv3Se0AfrB" alt=""><figcaption></figcaption></figure>

* **Set up your trade** in the market view:
  * Enter the **amount of SOL** you want to use.
  * Choose your **leverage** between **1x and 3x** using the slider.
  * Review the estimated token amount you will receive.

<figure><img src="/files/Br9n8JxpD9KsbbwpVru8" alt=""><figcaption></figcaption></figure>

* **Adjust your slippage** settings if needed by clicking on the pen icon next to *Slippage* (default max: 1%).&#x20;
* Click **Buy / Long** and confirm the transaction in your wallet. Your new margin position will appear in the **Your Position** panel at the bottom of the screen.

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### Important Information

* **Leverage** increases exposure but also risk. Higher leverage reduces the buffer before liquidation.
* **Slippage tolerance** prevents failed transactions in volatile markets. Keep it low for stable tokens, higher if trading low-liquidity pairs.
* **Position panel** shows real-time updates: collateral, entry price, open debt, leverage, liquidation price, and PnL.


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