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How to start trading on Hyperliquid? What steps matter most?

By Craig Green
Aug 26, 2025
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You connect a wallet or email, enable trading with a gasless signature, deposit collateral (USDC), and place your first perp order with risk controls. The official onboarding page lays out each step in plain English.

How do you connect and enable trading?

Visit app. hyperliquid. xyz and click Connect. Choose a DeFi wallet (MetaMask, Rabby, WalletConnect, etc.) or log in with email. Then click Enable Trading and sign the gasless prompt so the UI can place orders on your behalf.

What should you deposit for collateral?

USDC is the trading collateral. If you're using a DeFi, deposit USDC from Arbitrum via the in‑app Deposit flow. If you log in with email, the app provides wallet deposit addresses for supported networks; you'll still need to convert non‑USDC assets to USDC before trading perps.

How do you place the first perpetual order?

Pick a market, choose long or short, set size and leverage, and place the order. Funding, margin, and liquidation mechanics follow standard perp logic; the docs link to dedicated pages on fees, margin tiers, and funding if you want deeper detail before sizing up.

What quick best practices should new traders follow?

Start with small size, set TP/SL, and monitor funding and margin. Hyperliquid's docs include sections on order types, margining, and liquidation—review them before increasing leverage.

Conclusion

Onboarding is streamlined: connect, enable trading, deposit USDC, and place your order. Learn the fee, margin, and funding pages early, and ramp size only after you've tested execution and risk tools.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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