Testnet

Telegram and Lance Trade

Two ways to trade the same account: quick taps in Telegram, the full screen in your browser.

4 minLesson 4 of 42 questions at the end

Key ideas

  1. 1Telegram is quick: Home shows your positions, markets have one-tap amounts, and you can type trades like “long eth 50 3x”.
  2. 2Lance Trade adds a live chart with indicators and drawings, the order book, limit orders and your full history.
  3. 3Both use the same account, trading key, community limits and fees. Lance Trade holds no keys: it sends orders through the bot.
  4. 4Sign in to Lance Trade from the bot. The link works once, for 10 minutes, and the bot tells you about every new sign-in.

Two places, one account

Your bot in Telegram and Lance Trade on the web use the same Hyperliquid account, the same trading key, the same limits and the same fee. A position opened in one shows in the other straight away.

What TelegramLance Trade
Market orders, long and shortYesYes
Limit orders (GTC, Post only)NoYes
Take profit and stop lossYesYes
Size by riskNoYes
Charts15m, 1h, 4h, 1dLive, with indicators and drawings
Order bookNoYes
Price alertsYesYes
Liquidation and fill alertsYesThrough your bot

In Telegram

Home shows your account and open positions. Open a market to see its chart and quick amounts. Every amount is a position size, so “$50 at 5x” uses $10 of margin.

You can also type trades: long eth 50 3x or close btc. By default the bot shows a confirm card first; one-tap trading in settings sends on the first tap instead.

On the web

Lance Trade adds a live chart with indicators and drawings, the order book, limit orders, sizing by risk and your full history. Anyone can look at markets and charts; to trade, sign in from your bot.

Common mistakes

  • Switching on one-tap trading before you’re used to the bot. With it on, an order goes on the first tap, with no confirm step.
  • Leaving browsers signed in on shared computers. Use Devices in the bot to see and sign out every browser.
  • Expecting limit orders in Telegram. They are placed in Lance Trade; Telegram shows and closes the positions they open.

Check yourself

Question 1 of 2

You type “long eth 50 3x” to your bot. What is $50?

Try it in Lance

Pick a market, look at the chart and the book, and try the order panel. As a visitor, nothing is sent.

Open the trade screen
Next partPart 2: Perps basicsWhat perpetual futures areA contract that follows a coin’s price, with no expiry date, that you can trade in either direction.Next lesson
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Lance Learn is education, not advice. Examples use made-up or rounded numbers and say so; nothing here tells you what to trade.

Trading perpetual futures with leverage is high risk. Prices can move fast and you can lose all the money you put in. Lance is software: it does not give investment advice, manage money or trade on anyone’s behalf. Trades are executed on Hyperliquid, a third-party exchange that is not affiliated with Lance. Lance is not available to persons in the United States, the United Kingdom and sanctioned countries.