# War of Coins Arena

Battle it out with your choice of coins with our fast-paced, simplified options trading platform! Act fast for big rewards as the earlier you make your move, the higher the potential payout can be. Simply choose the direction that you think the price would go, and the payouts can go up to 100x! So, strike while the iron is hot!

## How Does Trading Work?

1. **Choose the asset**\
   Currently, we offer ETH/USDT and BTC/USDT. Upon selecting the asset, you’ll be presented with a live price chart of the chosen pair.&#x20;

<figure><img src="https://content.gitbook.com/content/0cD4hzS9PF09IbaWJKIp/blobs/4fIlcnvgI9XIrB7aWcGt/image.png" alt=""><figcaption></figcaption></figure>

2. **Decide on the price direction and review the profit table** \
   Unlike traditional options contracts, there’s no need to pick a specific strike price. Based on the live price chart and other trusted sources of information, decide whether the price will go up or down.  The yellow bar on the price ladder shows the maximum return available for the current session and it will update in real-time. The maximum return depends on the liquidity available in each price tranche segment at the time of purchase.\

3.  **Select the purchase coin and amount, then commit to the transaction** \
    Decide on the coin and amount you want to use to purchase the option. The price ladder in the profit table and maximum return will be fixed at the moment your transaction is confirmed and committed to a public blockchain via smart contract.\


    <figure><img src="https://content.gitbook.com/content/0cD4hzS9PF09IbaWJKIp/blobs/pqIa9zSHHQG2p9UngZKA/1%20Rkb2XVayBcpA61Z2Q3sBrQ.webp" alt=""><figcaption></figcaption></figure>

    <figure><img src="https://content.gitbook.com/content/0cD4hzS9PF09IbaWJKIp/blobs/1zLSowf6YINxqT7XtN9t/image.png" alt=""><figcaption></figcaption></figure>

    <figure><img src="https://content.gitbook.com/content/0cD4hzS9PF09IbaWJKIp/blobs/8sxG65VG5GdKTZ5WAuOh/image.png" alt=""><figcaption></figcaption></figure>
4.  **Watch the action** \
    This is where the excitement really begins. Observe the performance of your chosen cryptocurrency in real-time on a chart to see how the price is moving toward (or away from) its price ladder. You can exercise your options before the timer runs out to secure profits or cut losses or, you can let the timer run its course, resulting in the automatic expiration of the option. The choice is entirely yours – that's the beauty of American-style trading!\


    <figure><img src="https://content.gitbook.com/content/0cD4hzS9PF09IbaWJKIp/blobs/eat0c3WhPbjJc7HKW8dB/1%20g32Bks6RekEfPrMEw8l9xw.webp" alt=""><figcaption></figcaption></figure>
5. **Automatically collect your profits, if you succeed**\
   If you reach any strike price multiplier on the profit ladder, there’s nothing to worry about - profits are automatically handled through smart contracts, so all you have to do is sit back and enjoy your profits!

Ready to get started? Head over to the [War of Coins Arena](https://arena.warofcoins.com/)!
