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1  Other / Beginners & Help / How To: BitFinEx Trading on: December 29, 2014, 05:23:14 PM
With the recent steady decline of market prices, I would very much like to take a Short Position on BitFinEx and sell Bitcoins on Margin to be replaced again at a future date.  The BitFinEx interface does not seem straight forward to me, and BitFinEx directs users to this forum for assistance or help.

I am confused by the BitFinEx interface and would like to find a How To site that shows all the functionality of the BitFinEx site. What happens when one Buys Margin, what happens when one Sells Margin, what it means to Receive a Swap versus to offer a Swap, and exactly what is required for each.  What does the system require as a minimum balance in the various wallets in order to perform each type of action?

I previously put 50 mBTC in my Trade wallet, and was not able to transfer them into an Exchange wallet, so I withdrew them altogether.  Later, I deposited 24 mBTC in a Deposit wallet and offered them as liquidity for margin trades, but I don't really know if I did this correctly and see no change to my account to indicate that people are using my available liquid assets.  Now, I want to deposit additional money back into wallets but don't want them to get stuck.  Ultimately, I would like to put BTC into a wallet as collateral for a Short Sell position (is this the Exchange wallet?), but I am not even certain that this is how the system works, and I see no way to tie BitFinEx to a bank account for collateral, so I depositing BTC seems to be the cheapest and easiest method of getting started.

Help!

The confusion above might make clear the situation I find myself in, and that is this: I want to participate, but I don't know how. Can any one link me to a helpful resource?

Thank you and Kind regards,

New Jersey Cowboy
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