Drift Trade: Beginner Tutorial

If you want to trade on a chain I suggest checking out Drift Protocol. They might have a token to reward users in the future. Watch the video to know more.


☆ Use my Drift Referral link for rewards:
https://app.drift.trade/ref/sebmonty


Who am I?
☆ Twitter: SebMontgomery

Who do I Stake my SOL with?
☆ Twitter: validator_com

What is my Profile Picture?
☆ Twitter: DegenApeAcademy


Risks in DeFI
Pre-DeFi: Understanding Audits, Bug B...


Link for Solana free courses:

Beginner Level:
Seb Monty's Solana School - Beginner ...

Intermediate Level:
Seb Monty's Solana School - Intermedi...



⏰Timestamps⏰

00:00 - Introduction to Drift
00:29 - Accessing Drift: app.drift.trade
00:44 - Perpetual and Spot Trading
01:10 - Connecting Phantom Wallet to Drift
02:54  - Creating a Drift Account
04:55 - Exploring Drift
05:35 - Longing a token
09:11 Earn & Yield Options
09:46  Depositing Assets
10:31 Closing Trades & Borrowing
11:33 Drift Draw & Tickets
11:59 Closing Your Trade
13:04 How To Collect USDC Profit
13:42 Faster Transactions
15:05 Margin & Leverage
16:26 Prize Pools & Entry
18:49 Insurance Fund & Staking
19:49 Unstaking Process
20:17 Account Switching
21:15 Future Tokens Speculation










Links contained in this video :
Twitter: DriftProtocol
https://app.drift.trade/
https://www.coingecko.com/en/coins/dy...


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Background music by:
Twitter: EJtheCray
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Disclaimer: I am not a financial advisor. This is an educational tutorial and guide.
Always DYOR (Do Your Own Research) and ensure you learn the pros, cons, risks, and rewards before you put your hard-earned money to work. Nothing is financial advice.

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