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How to trade currencies in imToken wallet?

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2024-09-20 17:50:011013browse

How to trade currencies in imToken wallet?

How to trade currencies in imToken wallet?

Step 1: Connect to DEX

  • Click "Trade" on the imToken homepage.
  • Choose a decentralized exchange (DEX) such as Uniswap or SushiSwap.

Step 2: Select the currency you want to trade

  • In the "From" field, select the currency you want to sell.
  • In the "To" field, select the currency you want to buy.

Step 3: Enter the transaction amount

  • Enter the amount of currency you want to sell or buy.
  • You can sell or buy all available balance using the "All" button.

Step 4: Set Slippage Tolerance

  • Slippage tolerance determines the maximum deviation between a trade execution and the expected price.
  • Low slippage tolerance is recommended for accurate execution, but may extend trade execution times.

Step 5: Confirm transaction

  • Check the transaction details, including:

    • Transaction amount
    • Slippage Tolerance
    • Transaction Fees
  • Click "Confirm" to execute the trade.

Step 6: Wait for the transaction to complete

  • After the transaction is completed, your assets will be updated to the imToken wallet.

Tip:

  • Understand the fees involved before trading.
  • Check transaction details carefully before making a transaction.
  • Keep your private key safe and operate with caution.
  • Consider using a hardware wallet for added security.

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