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# Start Trading

This section outlines the complete workflow for placing a first perpetual contract trade on 6MM.

All trading activities occur after users access 6MM through an authorized agent or partner platform and complete the required asset allocation.

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<h2 id="step-1-access-6mm-via-a-partner">
  Step 1: Access 6MM via a Partner
</h2>

Users enter 6MM exclusively through an authorized agent or partner platform.

* Registration and authentication are handled by the partner
* Access is provided either through an embedded interface or via [app.6mm.com](https://app.6mm.com)
* User identity and permissions remain fully managed by the partner

Once access is granted, users are directed to the 6MM trading interface.

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<h2 id="step-2-allocate-funds-to-the-spot-account">
  Step 2: Allocate Funds to the Spot Account
</h2>

Before trading, funds must be available in the Spot Account.

* Users allocate funds from their partner-managed balance
* Transfers are executed automatically and securely
* No on-chain deposits or withdrawals are required

Allocated funds will appear in the Spot Account and are ready for internal use.

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<h2 id="step-3-transfer-funds-to-the-perpetual-account">
  Step 3: Transfer Funds to the Perpetual Account
</h2>

To place orders, funds must be moved from the Spot Account to the Perpetual Account.

* Internal transfers are instant and fee-free
* Only assets in the Perpetual Account can be used for trading
* Available margin is calculated immediately after transfer

This step prepares the account for leverage and position management.

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<h2 id="step-4-select-market-and-leverage">
  Step 4: Select Market and Leverage
</h2>

Users configure their trading parameters.

* Select the desired perpetual contract (e.g., BTCUSDT Perpetual)
* Set the leverage multiplier based on risk preference
* Margin requirements update in real time

Higher leverage amplifies both potential returns and risk exposure.

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<h2 id="step-5-configure-order-details">
  Step 5: Configure Order Details
</h2>

Users define order parameters according to their trading strategy.

* Choose the order type (Market, Limit, etc.)
* Enter order price and quantity
* Review estimated margin usage and fees

All parameters are validated before order submission.

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<h2 id="step-6-place-the-order">
  Step 6: Place the Order
</h2>

After confirmation, the order is submitted to the market.

* Orders are matched by the 6MM matching engine
* Execution status updates in real time
* Filled orders generate open positions in the Perpetual Account

Users can immediately monitor open orders and positions.

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<h2 id="step-7-manage-positions-and-risk">
  Step 7: Manage Positions and Risk
</h2>

Once a position is open, users can actively manage exposure.

* Monitor unrealized PnL and margin ratio
* Adjust leverage (if supported)
* Set Take Profit and Stop Loss (TP/SL)
* Partially or fully close positions

Risk metrics update continuously with market movements.

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<h2 id="step-8-close-position-and-settle">
  Step 8: Close Position and Settle
</h2>

When a position is closed:

* Realized PnL is settled into the Perpetual Account
* Available balance updates instantly
* Funds may be transferred back to the Spot Account

Users may continue trading or initiate withdrawals through the partner platform.

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<h2 id="summary">
  Summary
</h2>

6MM delivers a streamlined, partner-integrated trading flow that:

* Eliminates direct user deposits and withdrawals at the infrastructure layer
* Separates capital allocation from trading execution
* Combines institutional-grade performance with intuitive user workflows

This process ensures a consistent, secure, and scalable perpetual trading experience across all partner platforms.