Learn How to Navigate UNODEX Decentralized Trading Platform Step-By-Step
Welcome! In this comprehensive UNODEX tutorial guide, we’ll walk you through each step of using UNODEX, the decentralized trading platform. Whether you’re a beginner or looking to explore advanced features, this tutorial has got you covered. Follow along as we demonstrate how to register, log in, add funds, buy and sell crypto, set up orders, and utilize unique features like exporting your wallet to MetaMask and configuring Anti-MEV bots. Let’s dive into the UNODEX tutorial!
Register and Log In to UNODEX
To begin your journey with UNODEX, you need a non-custodial wallet like MetaMask or Coinbase. Let’s emphasize the decentralized nature of UNODEX, eliminating the need for traditional email and password sign-ups. Watch as Gel logs in, emphasizing the importance of connecting to the correct UNODEX app to ensure legitimacy.
Dashboard Overview
Upon logging in, you’re greeted by the dashboard, providing a summary of your activity, internal crypto balances, unclaimed rewards, referral balances, and a market overview. Gel explains that the dashboard is the hub of your UNODEX experience, even though the demo account may not have crypto balances yet.
How to Add Funds to UNODEX Accounts
To initiate trading, Gel demonstrates the process of transferring ETH to the main wallet. Emphasizing the read-only access of UNODEX to your MetaMask, Gel shows the importance of depositing funds into your UNODEX account before making any transactions.
Buying Crypto at Market Price
Learn how to navigate the trade section, select tokens, and buy at market price. Gel guides you through setting slippage and making a successful purchase, showcasing the order history and dashboard updates.
Buying Crypto with Limit Order
Explore the concept of limit orders, allowing you to specify the maximum price at which you’re willing to buy a cryptocurrency. Gel provides a step-by-step tutorial on setting up a limit order for UNDX tokens.
How to Withdraw Crypto from UNODEX
Understand the various options for sending crypto outside UNODEX, including sending it back to your linked wallet or any other wallets. Gel showcases the process of exporting the UNODEX main wallet’s private seed phrase to MetaMask for added control and accessibility.
How to Sell Crypto at Market Price
Learn how to sell tokens at the market price, including the process of setting up a sell order and checking your assets in the dashboard.
How to Set Up Take Profit and Stop Loss
Discover advanced trading options by setting up take profit and stop loss orders. Gel provides insights into managing your assets by automatically selling at desired price points, ensuring safety and profitability.
Configuring Anti-MEV Bots Option
Gel explains the importance of Anti-MEV Protection to safeguard against MEV bots and provides a step-by-step guide on how to activate it with a Gwei fee.
Conclusion
As we wrap up this in-depth exploration of UNODEX, you now have a solid understanding of the platform’s functionalities, from registration to advanced trading features. Remember, the dynamic nature of the cryptocurrency space means changes may occur, so stay informed.
This guide serves as a valuable resource, offering insights into UNODEX without providing financial advice. Your journey into the world of cryptocurrency trading is in your hands. Trade responsibly, conduct your research, and leverage this knowledge to make informed decisions on UNODEX. Happy trading!
Disclaimer
This UNODEX user guide is for educational purposes only. While we strive for accuracy, cryptocurrency markets evolve, and readers should verify details independently. The content is not financial advice, and users should exercise caution and conduct research before making trading decisions. UNODEX users are responsible for their actions, and the guide does not endorse specific financial products. Cryptocurrency trading involves risks, and readers should be aware of market volatility and security considerations. The authors and Busy Fox Channel are not liable for any losses resulting from the use of this information. Readers should stay informed and adhere to platform guidelines.
