Hey Chaingers, as you well know, we’ll soon be releasing the much awaited Chainge Decentralized Exchange (DEX) so it’s time for some sneak previews & walkthroughs, so that when you start using it everything goes smoothly.
The Spot DEX
The Chainge Spot Decentralized Exchange (DEX) is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to centralized exchanges (CEXs), our decentralized platform is non-custodial, meaning the user always remains in control of their assets and private keys when transacting. In the absence of a central authority, the Chainge DEX employs smart contracts that self-execute under set conditions and record each transaction to the blockchain. These fully secure transactions are pioneering financial products in the crypto world.
If you want to find out more about the Spot DEX benefits check out this article here.
Now let’s take a look at a couple of flows within the spot DEX.
Spot Trading (Eg. FSN/BTC)
1. Click on Exchange
2. Click on FSN dropdown
3. Select Fusion in the assets list
4. Click on input field
5. Click exchange
6. Sign the transaction.
7. See the confirmation screen.
8. Click on Order details button.
Adding Liquidity (Eg. BTC/USDT pair)
1. Click on Exchange
2. Click the Add Liquidity tab.
3. Scroll down. (The mobile top header becomes a dropdown, while the secondary tab levels becomes sticky to the top)
4. Click on the top header
5. Click the BTC dropdown.
6. Select BTC.
7. Click Add Liquidity button.
8. Sign the transaction.
9. View order confirmation.
10. Click Order details button.
11. View Order details screen for Adding liquidity for Spot.
The Futures DEX
The Futures DEX is a decentralized exchange that allows you to exchange Time-Framed assets for full / Spot assets and vice-versa with just a couple of taps. There is no need for any centralized settlement and you have absolute freedom and security while doing it.
You can sell or buy TF assets whenever you think the time is right based on your own forecasts so that you gain as much profit as possible.
This unique exchange model is not currently supported by any other blockchain and will definitely change the way we invest, plan and secure our financial future.
If you want to find out more about the Futures DEX benefits check out this article here OR if you want to explore Earning through Time-framing you can read the article here.
Now let’s take a look at a couple of flows within the Futures DEX.
Futures — Buy flow (Eg. BTC / TF-BTC)
1. Click on Exchange.
2. Click on Futures tab.
3. Click on Futures dropdown to select a future.
4. Select TF-BTC
4. Click on corresponding pair dropdown.
5. Select BTC.
6. Click Buy Futures button
7. Sign the transaction
8. View order confirmation
Futures — Liquidate flow (Eg. TF-BTC / BTC)
1. Click on Exchange.
2. Click on Futures tab.
3. Click on Liquidate tab.
4. Click on “Select a future to liquidate” dropdown
5. Select TF-BTC
6. Click on “In which asset you want to liquidate?” dropdown
7. Select BTC.
8. Click on “Liquidate Futures” button
9. Sign the transaction
10. View order confirmation screen.
Futures — Add Liquidity flow (Eg. TF-USDT / USDT pair)
1. Click on Exchange.
2. Click on Futures tab.
3. Click on Add Liquidity tab.
4. Click on “Select the corresponding future” dropdown
5. Select TF-USDT
6. Click on “Select the corresponding spot asset” dropdown
7. Select USDT
8. Click on Add Liquidity button
9. Sign the transaction
10. View order confirmation screen
So this is it for now Chaingers. Rest assured we will continue the walkthrough series and we will assist you every step of the way to successfully using our incredible Chainge DEX — probably the most user friendly DEX in the world.
See you guys in the DEX!
