Getting Started
Getting Started with Ape Exchange
Welcome! This guide will walk you through everything you need to start trading binary options.
1. Create an Account
Click Get Started in the top navigation and sign in with your Google account. It's quick and secure.
2. Explore Markets
Once logged in, head over to the Markets page to see all available trading opportunities. Markets are organized by asset (BTC, ETH, SOL, etc.).
3. Understand a Market
Each market displays:
- Question β What the binary option is asking (e.g., "Will BTC be above $100K by Friday?")
- Yes / No prices β Current probability prices
- Spread β The difference between bid and ask
- Volume β Total trading volume
- Timer β Time remaining until expiration
4. Place Your First Trade
- Click on a market to select it
- Choose Buy or Sell
- Select Yes or No as your outcome
- Enter the number of shares
- Click the trade button to execute
5. Monitor Your Positions
Check your open positions in the Positions tab on the dashboard. You can track P&L in real time.
Tips for New Traders
- Start with small amounts to learn the mechanics
- Trade assets you're familiar with
- Always check the time remaining on a market
- Use the chart to analyze price trends before trading