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Homeweb3.0How to trade on Little Fox and matters needing attention

How to trade on Little Fox and matters needing attention

Dec 06, 2024 pm 08:31 PM
cryptocurrencyEthereummetamask

Steps to trade on Xiaofox: Connect to the network and import the wallet (optional) Find the transaction page Select the token input amount Set the slippage tolerance (optional) Confirm the transaction Notes: Be careful of fraud, check the transaction hash, Know the fees, watch out for slippage, and store your keys securely.

How to trade on Little Fox and matters needing attention

How to trade on MetaMask

MetaMask is a popular cryptocurrency wallet that allows users to securely Store and trade crypto assets. Here's how to trade on Little Fox:

1. Connect to the Internet

  • Open the Little Fox extension or app.
  • Click on the Network tab in the top navigation bar.
  • Select the network you want to connect to (e.g. Ethereum or Binance Smart Chain).

2. Import wallet (optional)

  • If you already have cryptocurrency, you can import the private key, mnemonic phrase or Hardware wallet to access your wallet.
  • Click on the "Import Wallet" tab in the top navigation bar and follow the instructions.

3. Find the exchange page

  • Click on the "Exchange" tab in the top navigation bar.
  • This will open the trading page where you can exchange different cryptocurrencies.

4. Select Token

  • Enter the name or ticker of the token you want to sell.
  • Select the desired token in the list.

5. Enter the quantity

  • Enter the number of tokens you want to sell in the "Sell" field.
  • Little Fox will automatically calculate the number of tokens you will receive.

6. Set slippage tolerance (optional)

  • Slippage tolerance refers to the price allowed by the little fox before the order is filled. Fluctuation percentage.
  • Default slippage tolerance is 0.5%, but you can adjust it if needed.

7. Confirm transaction

  • Check the transaction details to make sure everything is correct.
  • Click the "Swap" button.
  • Little Fox will prompt you to confirm the transaction, enter your password or authorize using your hardware wallet.

Note

  • Beware of Scams: Don’t share your private keys or mnemonics with people you don’t trust word.
  • Check transaction hash: After a transaction is completed, check the transaction hash to verify its completion.
  • Understand the fees: Little Fox and the trading network will charge transaction fees, please check the fees before making a transaction.
  • Beware of Slippage: Excessive slippage tolerance may result in you receiving fewer tokens than expected.
  • Storing Keys Safely: Always store your private keys and mnemonic phrases in a safe place, such as a hardware wallet or cryptocurrency safe.

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