Welcome to HotbitDEX! This comprehensive guide will walk you through the various features and functionalities of HotbitDEX, ensuring a seamless learning experience. Whether you are a beginner or an experienced trader, this tutorial will provide you with step-by-step instructions on how to navigate the platform and make the most of its features. From getting started with wallet connection to exploring margin trading, liquidity provision, staking, and referral programs, this guide has got you covered. Let’s dive in and unlock the full potential of HotbitDEX!
1. To get started with HotbitDEX as a beginner, follow these steps:
- Visit the official website hotbit.io.
- Click on ‘Connect Wallet’ and choose a wallet to link.
- Switch the network format to Arbitrum Sepolia.
- Click on ‘Faucet’ in the upper right corner to claim test tokens.
- Once you have successfully claimed the test tokens, you can start experiencing HotbitDEX!
2. To make the most of the Margin Trading feature, follow these steps:
- Go to the Trade page.
- Choose whether you want to go ‘long’ or ‘short’ for the desired contract trading.
- Select the cryptocurrency in figure 1.
- Choose the leverage multiplier in figure 3.
- Specify the quantity at the selected leverage multiplier in figure 2.
- Authorize and confirm the selected cryptocurrency in figure 4.
- After confirmation, further confirm the ‘long’ or ‘short’ position for the chosen cryptocurrency.
- Once the trade is completed, you can view the completed transactions in the Positions section.
- To close a trade, simply click ‘close’ in Positions and confirm the closure.
3. To easily exchange your cryptocurrencies, follow these steps:
- Go to the Trade page.
- Select ‘Swap’.
- Choose the currencies A and B that you want to exchange.
- Click on the currency pair to authorize the transaction.
- After successful authorization, click ‘Swap’ again to complete the exchange between the two currencies.
4. To provide liquidity or remove liquidity from a pool, follow these steps:
- To add liquidity:
— Navigate to the Liquidity page.
— Choose the pool you want to add.
— Click ‘BUY’ and select the currency and quantity you want to add.
— Confirm the authorization.
— After completing the authorization confirmation, make the purchase again to add liquidity.
- To remove liquidity:
— Click ‘SELL’.
— Select the pool and currency for sale.
— Click ‘SELL’ again.
— Wait for confirmation to complete the addition or removal of liquidity.
5. To stake or unstake your assets, follow these steps:
- To stake:
— Go to the Stake page.
— Choose the pool you want to stake in and click ‘Details’.
— Click ‘Stake’ and select the amount you want to stake.
- — Click ‘Authorize’ and confirm the authorization.
- — Then click ‘Stake’ again to confirm the stake.
- To unstake:
— Click ‘Unstake’ on the Staking page.
— Select the amount you want to unstake.
— Complete the unstake transaction by confirming it.
6. To take advantage of the Referral program, follow these steps:
- Click on the Referral page.
- Create your referral account.
- Once created, you can earn commissions by copying your referral link or sharing it through social platforms.
Start your trading journey with confidence on HotbitDEX! Explore a user-friendly platform that offers a wide range of features including margin trading, liquidity provision, staking, and referral programs. Join us today and experience the power of HotbitDEX for yourself. Happy trading!
*Please note that due to the test network’s constraints, both the referral connections and their associated activities, as well as any financial gains or losses,will not synchronize with the mainnet.
Join our community
Join our community to follow up on upcoming updates for documentation, dapp, and tutorials — — https://linktr.ee/HotbitDEXofficial
