Skip to main content

Tips, Safety & FAQ

Tips for Successful Trading​

Setting Realistic Prices​

  • Check Current Price: Always look at current market price before setting your limit.
  • Analyze Recent Ranges: Review price history to set achievable targets.
  • Don’t Get Too Greedy: Extremely optimistic prices may never execute.

Managing Slippage​

  • Set Appropriate Tolerance: Leave 0.5-2% buffer for fees and price movement.
  • Account for Order Size: Larger orders need more slippage tolerance.
  • Consider Volatility: More volatile pairs need wider slippage settings.

Choosing Deadlines​

  • Short-term (Hours): For time-sensitive trades or highly volatile markets.
  • Medium-term (Days): For normal market conditions with reasonable price targets.
  • Long-term (Weeks): For patient accumulation or ambitious exit targets.

Safety & Security​

How Your Funds Are Protected​

  • Smart Contract Escrow: Your tokens are held in a secure, audited smart contract until execution.
  • No Counterparty Risk: Trades execute directly on-chain through DEX liquidity pools.
  • You Stay in Control: Cancel anytime before execution to reclaim your tokens.
  • Automatic Return: Expired orders automatically return unfilled tokens to you.
  • Reentrancy Protection: Built-in safeguards prevent common attack vectors.

Token Whitelisting​

Not all tokens can be traded on EMPX. The platform maintains a whitelist of verified tokens to protect users:

  • For SELL Orders: The output token (what you receive) must be whitelisted.
  • For BUY Orders: The input token (what you deposit) must be whitelisted. This prevents trading of malicious or scam tokens.

token whitelisting

Emergency Pause​

In case of critical issues, the platform can be temporarily paused. Order creation and execution stops, but Cancellation remains available so you can always withdraw your funds.

Frequently Asked Questions​

Q: What happens if my order never reaches my target price? A: If your order doesn’t execute before the deadline, it automatically expires and your tokens are returned to your wallet. You can then cancel or recreate the order with a different price.

Q: Can I change my order after creating it? A: No, orders cannot be modified once created. To change your order, cancel it and create a new one.

Q: What if I cancel a partially filled order? A: You’ll receive back only the unfilled portion of your input token. The filled portion has already been converted to your output token and sent to your wallet.

Q: How do I know when my order executes? A: Check your order status in the interface, or monitor your wallet for incoming tokens.

Q: Why didn’t my order execute even though price reached my limit? A: This can happen due to: (1) Insufficient liquidity, (2) Slippage tolerance too tight, (3) Gas prices too high for profitable bot execution, or (4) Price only briefly touched your limit.

Q: Are there any risks? A: Main risks include: price volatility causing slippage, execution at slightly worse than limit price due to fees, and smart contract risk (minimized through audits).

Q: Can I use this for any token pair? A: No, at least one token in the pair must be whitelisted.

Q: What’s the minimum order size? A: No strict minimum, but orders under $100 may not be cost-effective due to gas fees.

Q: Can I have multiple orders active at once? A: Yes! You can create as many independent orders as you want.