Getting started on Legend is straightforward, but understanding each step helps you hit the ground running. Legend is a competitive crypto trading platform built on Hyperliquid, which means you get the speed and transparency of on-chain trading with a modern interface designed for active traders.
Step 1: Create Your Account
Head to legend.trade and sign up. Legend supports multiple authentication methods to get you started quickly — you can connect an existing crypto wallet or create an embedded wallet during signup. The process takes under a minute.
During signup, you'll choose a username. This is your identity on the platform — other traders will see it on leaderboards, in the Arena, and on your public profile. Pick something you're comfortable with; your trading performance will be tied to it.
Step 2: Fund Your Account
Legend uses USDC as its primary trading currency. To start trading, you'll need to deposit USDC to your Legend wallet. The platform supports deposits from multiple chains, making it easy to bridge funds from wherever you currently hold crypto.
If you're new to crypto or don't already hold USDC, you may need to purchase it on an exchange first and then transfer it. Legend's deposit flow guides you through the process.
There's no minimum deposit requirement to explore the platform, but you'll want enough capital to open meaningful positions. Even $50-100 is enough to start learning with small positions at low leverage.
Step 3: Explore the Interface
Before placing your first trade, take a moment to familiarize yourself with the trading interface:
- The chart dominates the center of the screen, showing real-time price action for whichever asset you've selected.
- The order panel is where you'll set your position size, leverage, and order type (market or limit).
- The positions panel at the bottom shows your open positions, orders, and trade history.
- The asset selector lets you switch between all available perpetual futures markets.
Step 4: Place Your First Trade
Here's a simple walkthrough for opening your first position:
- Select an asset. BTC and ETH are good starting points — they have deep liquidity and tighter spreads.
- Choose your direction. Long if you think the price will go up, short if you think it will go down.
- Set your leverage. Start low — 2x or 3x leverage is plenty for learning. You can always increase later once you understand the risk.
- Enter your margin. This is the amount of USDC you're putting up for this trade. Start small.
- Review and submit. Check your liquidation price, estimated fees, and position size before confirming.
Your position is now live. You'll see it appear in the positions panel with real-time profit and loss updates.
Step 5: Explore Competitive Features
Once you're comfortable with basic trading, Legend's social and competitive features are what set it apart:
- The Arena lets you enter 1v1 trading duels against other users. You both put up a wager, trade the same market over a set period, and the better performer wins.
- Leaderboards rank traders by performance across various timeframes. Climb the rankings and build your reputation.
- Profiles are public by default — your trades, win rate, and P&L are visible to the community, creating real accountability and credibility.
- Copy trading lets you follow successful traders and mirror their positions automatically.
Tips for Your First Week
- Start with small positions until you understand how leverage, margin, and liquidation work together.
- Use limit orders when possible to avoid slippage and get better entry prices.
- Watch other traders on the leaderboard and study their strategies before risking significant capital.
- Set stop losses on every trade. This single habit will save you from the most common beginner mistake — letting small losses become big ones.
Legend is designed to reward skill and transparency. The sooner you start building your track record, the sooner you can compete with the best.