User Guide
How to trade with Resell Position
Resell Position is a feature on Whales Market that allows you to exit your pre-market position and either take profit or cut losses before the Token Generation Event (TGE). Here’s a quick guide on how to use it.
In the first phase, the resell position mechanism will only apply to Buy orders. Sell-side exits will be supported in future updates.
1. How to resell your position
Following these steps:
To resell a position, go to the Dashboard or Trading Terminal of the token you purchased, then click Resell on your filled buy order.
Next, enter the amount and set your price.
To safeguard buyer interests, orders cannot exceed a 80% increase from their original price.
Confirm transaction
2. How to buy a Resell Position
Following these steps:
To buy a Resell Position, go to the Trading Terminal of the token you want to purchase, select an order tagged “RS”, and then enter the amount you want to buy.
Confirm you understand the risk
Confirm your resell order
3. Resell Position risk
When you buy a Resell Position, the system evaluates the previous buyer profit to determine its risk level.
There are 3 possible risk levels:
Low-Risk (Prev Buyer Profit < 50%)
No warning message will appear. You can purchase the position as usual.
Medium-Risk (Prev Buyer Profit ≥ 50% and < 75%)
A Medium-Risk warning will be displayed. The position carries a moderate level of risk, so consider carefully before buying.
Example:
Original price: $0.10
Resell entry price: $0.16
Previous Buyer Profit = +60%
→ This falls between 50%–75%, so the system will show a Medium-Risk warning.
High-Risk (Prev Buyer Profit ≥ 75%)
A “High-Risk” warning will be displayed.
Example:
Original price: $0.10
Resell entry price: $0.18
Previous Buyer Profit = +80%
→ This is above 75%, so the system will show a High-Risk warning and require your confirmation before buying.
FAQ
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