An instruction for Binance Dex trading in Paytomat Wallet

Paytomat
Paytomat
Published in
3 min readJun 25, 2019

The latest Paytomat Wallet (v1.19.0) introduced Binance Exchange support. We believe it’s a great tool and we would like to provide you with an A to Z on how to use it. The entire process is very similar to how EOS-based exchanges work so I think you’ll find yourself comfortable since you might have enough experience trading PTI or other tokens on EOS dex already.

First things first, you need to connect your Binance account to an exchange. To do that, go to the Binance Dex website and click Unlock Wallet tab in the top right corner.

Here you’ll have a few options to choose from. Make sure to have WalletConnect as your primary option and then hit Get WalletConnect QR Code. You’ll see a QR code that you need to scan.

Now, open your Paytomat Wallet (v1.19.0+), select Binance and click Trading. You’ll see your Binance address, as well as the big green button Scan in the bottom, choose that and approve the connection. If everything went according to plan, you’ll see a Connected status at the top of the screen.

Simultaneously Binance will unlock your wallet and allow you to start trading.

To place an order on Binance Dex, first search the trading pair you’re planning to work with and then place a buy or sell order accordingly. Make sure to have the right asset(s) beforehand.

After you choose the price and amount for your order, click the BUY/SELL button on Binance Dex. This will create a confirmation request in Paytomat wallet. Please double check trade info and approve the transaction. Once it’s completed, you’ll see a Success screen on your device.

Alternatively, you can check a transaction’s status on Binance Dex itself.

We hope this brief tutorial helps with your trading experience. Let us know if you have any other questions.

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