With the Pocket Pro Bot (powered by dYdX), you can open perpetuals positions directly in Telegram in just a few taps. This guide shows you how to go long or short on your favorite tokens, choose order types, set leverage, and manage risk all without leaving the chat.

• 🌐Access all 200+ perp markets available on dYdX
• 📱Trade together with your friends in Telegram group chats
• ⚡Easily execute trades with simple Telegram commands
• 🛠️ Unlock advanced settings like referral links, price alerts, and leaderboards 

Place Your First Trade

Once you’ve onboarded to the Pocket Pro Bot and made your first deposit, you’re ready to place your first trade directly in Telegram! 

Step 1. Open a Perps Position

• Open a long or short perps position.
  
  • /long - Open a leverage long.
  • /short - Open a leverage short.
• Following this command you will be prompted to reply with the ticker of the token you'd like to long or short.
• Respond with a dollar sign followed by the ticker of the token you want to open a position for. For example, "$ETH"

Step 2. Choose Order Type: Market or Limit

• Market Order: Executes instantly at current price.
• Limit Order: Executes only at your chosen price.

Step 3. Select Margin Mode: Isolated or Cross

• Isolated Margin: Risk is limited to the margin allocated for that specific position. Learn more about Isolated Margin here.
• Cross Margin: All available funds in your account can be used to support the position, spreading risk across your balance. Learn more about Cross Margin here.

Step 4. Trade with Leverage

• Set the leverage you want to trade with. You can either use one of the preset values, or click on the x✏️ button to input a custom value. Learn more about Leverage here.
• Indicate how much of your available margin you want to commit to your new position.
  
  • Available Margin: The total funds you currently have that can be used for trading.
  • Reply with the amount: You need to type in the dollar amount (e.g., 10) that you want to allocate as collateral for this trade.
    
    • Example: If you reply with 10, then $10 of your margin will be used for a long ETH position. The rest of your margin remains available for other trades. Note your losses can be greater than the margin you selected ($10). Leverage trading is risky, learn more here. 

Step 5. Trade Confirmation

• Before your trade is executed, you’ll see a confirmation message where you can either confirm the trade or cancel it if you need to make changes.
• The message provides a summary of your order, including:
  
  • Trade: The asset and direction (e.g., Long ETH or Short ETH).
  • Leverage: The leverage level you’ve selected.
  • Order Size: The total size of your position.
  • Margin: The amount of margin you’re committing to this trade.
  • Current Price: The live market price of the asset (e.g., ETH).
  • Liquidation Price: The price at which your position would be liquidated.
• Review carefully, then hit 🟢 Confirm to execute.

Learn how to manage your positions in this how to guide here. 

After You Trade

Once your position is live, here are key commands:

• /positions → view, manage, or close open trades
• /referrals → get your referral link, refer friends and earn affiliate revenue share, and view your referral stats
• /wallets → manage your wallets
• /settings → trading settings, social settings, copy settings, set squad (for leaderboard competition), export/withdraw, and more
• /leaderboard → see top traders and squads

👉 Launch Pocket Pro Bot on Telegram and you can start trading with dYdX today.

Perpetuals trading is not available in the United States and Canada and other restricted jurisdictions. Trading perpetuals involves significant risk and may not be suitable for all users. 

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Disclaimer 

dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to other restricted persons. All use of dYdX software is subject to the dYdX Software Terms of Use. 

All use of the Telegram trading bot is subject to the Pocket Protector Terms of Use. 

This post describes anticipated features in the open source dYdX software. The implementation of these features in any live deployment of dYdX software will be decided by the relevant deployer community. dYdX International Ltd. (“DI”), dYdX Trading Inc. dba dYdX Labs (“dYdX Labs”) and their affiliates do not develop, control or operate any component of dYdX software for public use. The information provided in this website is for general informational purposes only and DI reserves the right to update, modify, or amend any contents herein, at its sole discretion and without prior notice. Nothing herein should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act in any way by anyone. 

Engaging in any activity involving crypto-assets (including trading crypto assets and depositing into the MegaVault) is risky due to high volatility. Returns are not guaranteed and may fluctuate over time depending on multiple factors, and you may lose your entire investment, particularly when using leverage. Investment into crypto-assets may not be regulated and may not be suitable for retail investors. You should perform your own research and due diligence before engaging in any activity involving crypto-assets. 

In no event will DI or its affiliates be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, arising from or in connection with the use of this website. By continuing to access this website, you agree to the above and accept the possibility of changes in the information provided.