> For the complete documentation index, see [llms.txt](https://gtr-trade.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gtr-trade.gitbook.io/docs/start-trading/crypto-perps-and-spot-hl.md).

# Crypto Perps & Spot (HL)

### What is Perp Trading? 

Perp trading (perpetual futures) lets you **long or short crypto with leverage.**  Meaning you can profit whether prices go up or down.

On GTR, we’ve made perp trading **fast, flexible, and easy to use.** No KYC required. No CEX.  No stress.

### Key Features:

* Trade over 100+ assets including BTC, ETH, SOL, and popular memecoins like PENGU, FARTCOIN, and PEPE
* Leverage options range from 1x to 40x depending on the asset
* Fully decentralized and non-custodial. You stay in control of your funds
* Seamless deposit, trading, and withdrawal process
* Accessible globally 
* Withdrawals in USDC directly to your GTR wallet with a flat $1 fee

### ⚠️ Things to Keep in Mind:

* **Leverage increases both profit and risk**. The higher the leverage, the closer you are to liquidation
* **Liquidation happens automatically** if your position falls below the required margin
* Always keep an eye on your position size, leverage, and market volatility
* Perp trading is not available for users in the United States

If you're new to perps, start small, get comfortable, and manage your risk carefully.

Whether you're a trader, a memecoin degen, or just exploring new strategies, GTR gives you a smooth perp trading experience with zero complications.