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How to Trade

Before You Start​

Make sure you have:

  1. Enough tokens in your wallet for the order.
  2. Some native tokens (ETH, MATIC, PLS, etc.) to pay for gas fees.
  3. A clear idea of your target price and strategy.

Step-by-Step Process​

1. Connect Your Wallet​

Connect your Web3 wallet (MetaMask, WalletConnect, etc.) to the EMPX interface.

2. Choose Your Order Type​

  • SELL: Select this if you want to sell a volatile token for a stable token when price goes UP.
  • BUY: Select this if you want to buy a volatile token with a stable token when price goes DOWN.

3. Set Your Token Pair​

  • Token In: The token you’re giving (depositing).
  • Token Out: The token you want to receive.

Note: Only whitelisted tokens can be used. For SELL orders, the output token must be whitelisted. For BUY orders, the input token must be whitelisted.

4. Enter Your Amount​

Specify how much of the input token you want to trade. Make sure you have this amount in your wallet.

5. Set Your Target Price​

This is the limit price at which your order will execute:

  • For SELL orders: Set the price you want to sell AT or ABOVE.
  • For BUY orders: Set the price you want to buy AT or BELOW.

Pro Tip: Check current market price first and set your limit price at a realistic target that might actually be reached.

6. Set Minimum Output Amount​

This is your slippage protection – the minimum amount of output tokens you’re willing to accept. This prevents execution at unfavorable prices due to slippage or fees.

7. Choose Your Fill Mode​

Select from No Partial Fill, Split 3, Split 5, Split 10, or Flexible based on your order size and strategy.

8. Set an Expiry Time​

Choose a deadline for your order. After this time, if the order hasn’t executed, it expires and you can withdraw your tokens. Typical deadlines range from a few hours to several days or weeks.

9. Approve Token Spending​

Click “Approve” and confirm the transaction in your wallet. This allows the EMPX contract to access your tokens when creating the order.

10. Create the Order​

Click “Create Order” and confirm the transaction. Your tokens will be deposited into the escrow contract and your order will become active.

Monitoring​

Your order is now active! You can:

  • View its status in your orders list.
  • Cancel it anytime before execution.
  • See partial fill progress if applicable.
  • Receive your output tokens automatically when it executes.