The CScalp has an ability to visually display the position quoted on the Exchange wallet. To open a position in the Exchange wallet, you need to select the quote currency in the connection settings.
Only tools with the selected quote currency will be available for exchange. For example, with the quote currency USDT, only ETHUSDT, BTCUSDT, etc. will be available in the select tool window.
Advantages of using the quote currency in Exchange Wallet:
- display of profit and loss on a pair quoted on the price and position volume;
- the possibility of using automatic trading operations, the work of which is impossible without an open position.
It is important to take into account when working with the Exchange wallet:
1. When a user opens an ETHUSDT position in the Exchange wallet with the selected quote currency, then switches to the Exchange wallet without positions (when the quote currency is not selected) and exchanges ETH, for example, for BTC, then when switching back to the mode with positions (when the quote currency is selected), these positions will be displayed incorrectly. To solve the problem, you need to reset the trading history of the wallet. To avoid the problem, it is necessary to close positions before changing the quote currency.
2. In the Exchange mode, short positions can’t be placed (you can’t sell ETH if there is no such currency on the balance). At the same time, the application does not prohibit the sale of the currency that is available on the wallet balance.
If trades were made using the CScalp, the gaps in the trading history will be filled when connecting to the exchange.