Trading
💲 Ready to Trade on DeXFun? Let’s Dive In!
Last updated
💲 Ready to Trade on DeXFun? Let’s Dive In!
Last updated
Are you pumped to start your trading adventure on DeXFun? 🎉 You’re in for a blast! With its super user-friendly platform, trading has never been this fun! Here’s all the juicy info you need to kick off your journey and make that first trade with flair! 🛠️✨ Let’s go!
Before you jump into the exciting world of trading, let’s make sure you have all the essentials ready to roll! Here’s what you need:
You’ve got options galore! Choose your favorite way to connect to DeXFun:
DeFi Wallet: Use your own EVM wallet.
Email Login: Create a shiny new EVM wallet linked to your email.
Google or Telegram Login: Log in with your Google or Telegram account, and we’ll whip up an EVM wallet for you in no time!
$GAS: This is used as gas to submit transactions on the Neo X network. Keep it handy!
Collateral Tokens: 1. BTC/ETH: Use these to long your positions and ride the wave higher! 2. USDT: Perfect for shorting positions when the market takes a dip!
Getting started with DeXFun is as easy as pie! 🥧 Whether you’re jumping in with an EVM wallet, logging in with your email, or connecting through Google or Telegram, we’ve got your back for a smooth onboarding experience. Let’s get you all set up and ready to trade like a pro!
Switch to the Neo X Network: First things first—make sure your EVM wallet is on the Neo X network.
Connect Your Wallet: Hit the “Connect” button and choose your wallet type.
Authorize the Connection: A pop-up will appear in your EVM wallet extension. Simply grant the required permissions to complete the process, and you're in!
Choose the Email Login: Click the “Connect” button and select the email option.
Check Your Inbox: After you click “Submit,” keep an eye out for a 6-digit code sent straight to your email!
Complete Your Login: Enter that code to log in, and a new address is created just for you!
Select Your Login Method: Click the “Connect” button and choose either Google or Telegram.
Verify: Complete the verification steps that pop up.
Ready to Trade: Once verified, a new address is created for you, and you’re good to go!
That’s it! You’re now set up and ready to start trading on DeXFun. Just don’t forget to deposit some GAS and collateral tokens to complete your onboarding!
Trading on DeXFun is a breeze, especially with perpetual contracts! 🌈 Instead of the usual spot trading where you buy tokens directly, you can leverage BTC/ETH as collateral to long a token or use USDT to short it. Ready to dive in? Here’s how to kick off your first trade with style! 💥✨
Start by selecting the token you want to trade using the token selector.
Whether you're looking to trade a popular token like Bitcoin (BTC) or Ethereum (ETH) or something else, simply pick the token you want to open a position in.
Long: If you believe the token’s price is going to rise, you’ll want to long for the token. This means you’re betting on the price going up.
Short: On the other hand, if you think the price will drop, you’ll want to short the token. You’re betting that the token’s price will decrease.
Position Size = Leverage x Collateral
Enter Your Collateral: Start by entering the amount of collateral you want to use.
Set Your Leverage: You can use the slider to pick your multiplier.
⚠️ Note: High leverage can be risky. Play it smart!
Double-check your position and collateral, then click the “Approve” button, then go for it, long or short!
Check Your Open Position: After placing your order, go to Open Position to manage your trade.
Adjust Your Collateral: If you want to adjust your collateral size, simply click "Collateral" and make your changes.
Manage Your Position: If you want to reduce or close your position size, just click on Close. A window will pop up, letting you choose how much you want to close. It’s that simple!
That’s it! Congratulations! You’re now ready to trade on DeXFun like a pro. Jump in, have a blast, and may your trades be ever in your favor!
