How to use HBDEX.

In this article, I will explain how to use HB DEX clearly.

 

First, open HB DEX from “HB DEX” in the leftmost menu.

Coins that can be sold are lining up. This time, we will actually trade the token "UNKOin".

 

 

There are two preparations before trading with HB DEX.

  • Preparation 1. Wrap the ETH.
  • Preparation Part 2. Unlock.

 

Preparation 1. Wrap the ETH.

When trading, let’s wrap ETH (exchange it for WETH).

WETH is a token that tokenized ETH. HB DEX employs 0x open protocol and can only exchange tokens that conform to ERC 20 standard of Ethernet. So, first you need to exchange it with WETH.

Briefly, it is an image wrapping ETH to add the function of ERC20. Since ETH is only in the form of a token, the values ​​of ETH and WETH are in agreement.

 

Let's wrap ETH when you do business.
※ A wrap / unwrap will cost you a run fee. 
※ If you are only selling tokens, wrap is not necessary.

 


First, I will wrap the ETH for the amount I want to trade. Tap the “wrap ETH” button on the upper right of the screen.

Please wrap the amount of ETH you want to trade. Because if you wrap all the ETH you have, you can not pay transaction fee from ETH.

 

Preparation Part 2. Unlock.

ERC 20 can be given the right to move the talking to the item you specify. For that permission, let’s unlock it before you trade.

※ Transaction fee will be charged for locking / unlocking.
※ The token that comes out releases the lock, and the incoming token is OK even if you lock it, but those who do not understand recommend disconnecting both I will.

 

From the list registered in DEX, select “UNKOin” to buy and sell and tap.

I was able to move to “UNKOin” trading screen.

Look at this screen on the upper left of the screen. ERC 20 has the function of giving the right to move the token to the specified contract. In order to give that permission, let’s unlock it before you make a deal.
Transaction fee will be charged for locking / unlocking.
The token that comes out releases the lock and the incoming token is OK with locking, but we recommend that you leave both unless you do not know .

 

You are now ready.

 

Screen description

1.Basic information
Board dealing with UNK and WETH. If you attach a favorite mark❤️, you can display it in the favorite list on the first page of DEX. Also, if you have a coin you can evaluate⭐️that coin. The coin’s website and SNS are also displayed here.

2.The state of the coin dealing with WETH
The most recent transaction history of the coin is displayed above the number of possessions. For example, “2 HOURS AGO + 3” shows that I bought three UNKOin two hours ago.

3.Transaction in which transaction fee occurs, its price
Transactions that generate transaction fees are “take, wrap, unwrap, cancel, lock, unlock”. Many DEXs had to use external services in checking variable transaction fee prices. With HB DEX, you can check fluctuating transaction fee within DEX. It’s very kind.

4.Transaction information of HB DEX as a whole

5.Market capitalization at CoinMarketCap

6.Order Book (Board)
Place to manage trading orders. The top is the selling board and the bottom is the buying board.

7.Transaction information
You can check the current price · the highest value within 24 hours · the lowest price within 24 hours · the 24 hours transaction volume · the total transaction volume.

8.chart
It is displayed with line chart and candle foot.

9.Your order history

10.Transaction history of this coin
Everyone’s transaction history including you

11.Ticker

 

Do you understand how to view the screen?

Let’s do the actual sale and purchase. There are two ways to buy and sell, Take and Make. I will explain.

 

TAKE

TAKE is to take orders from the order book.

I will trade by ordering someone’s MAKE (ordering) by myself TAKE. Transaction fee will be charged for TAKE.

 

When you want to sell UNKOin you have

If you want to sell it by TAKE, I will TAKE from the “buying board” at the bottom of the order book. Let’s click on when you find the order of price / quantity you want to sell.

There are people who want to buy “3 UNK” with “0.0029 WETH”. This person puts “3 UNK” order, but I will sell “1 UNK” for this price at that price. Let’s click.

As the confirmation screen appears, set the quantity to “1 UNK” and click “Next”.

“1 UNK” will be sent from your Wallet and a confirmation screen will appear to receive “0.0029 WETH”. You can specify the transaction fee, but OK as it is! If you press “buy and sell” button, TAKE will contract.

 

When you want to buy UNKOin

If you want to buy a TAKE, I will TAKE from the “Selling Board” at the top of the order book. Let’s click on when you find the order of price / quantity you want to buy.

There are people who want to sell “1 UNK” at “0.10 WETH”.Oh … it’s expensive.If you will TAKE this order. Let’s click the order.

As the confirmation screen appears, set the quantity to “1 UNK” and click “Next”.

“0.10 WETH” will be sent from your Wallet and a confirmation screen will appear to receive “1 UNK”. You can also specify a transaction fee. OK as it is! If you press “buy and sell” button, TAKE will contract.

 

Do you understand about “Take” which takes orders from the order book?

Next let’s learn “MAKE”.

 

MAKE

MAKE says to place an order in an order book.

If someone makes a TAKE (ordering) the order I MAKR, the deal will be decided. MAKE has no transaction fee.

 

When you want to sell your own UNKOin


From the new order tap the sell order, and decide the quantity and price you want to sell. Please be careful if you enter the price setting manually, it is easy to make a mistake. In this case, put “1 UNK” as “0.003 WETH” into “I want to sell” order. You can also set a deadline. The initial setting is one week. Enter the input and tap “Sell Order”.

A confirmation screen will appear, so please check the contents and press “order” button to complete MAKE.
The orders you made are aligned with the selling board. If someone orders this order (if an order is taken), the transaction is decided.

 

When you want to buy UNKOin

Tap the order from the new order to decide the quantity and price you want to buy. Please be careful if you enter the price setting manually because it is easy to make a mistake. In this case, put “1 UNK” with “0.0023 WETH” and “I want to buy” order. You can also set a deadline, the initial setting is one week. Please input and tap “buy order”.

A confirmation screen will appear, so please check the contents and press “order” button to complete MAKE.

 

Do you understand about “Take” and “MAKE”?

If you made a mistake when ordering, let’s cancel.

 

To cancel the order

Click the order you want to cancel from the order history.

As the details screen of the order comes out, click “Cancel this order”.

After checking the contents and pressing “confirm” button, the order is canceled.

Transaction fee will be charged at the time of order cancellation.

 

Do you understand about cancellation?

Let’s review transactions where transaction fees occur once again.

 

Transactions that generate transaction fees

  • Rap
  • Unwrap
  • Lock
  • Unlock
  • Take
  • Cancel

 

Convenient USD notation

HB DEX has a convenient button which can be expressed as USD.

On another exchange,"How much is 0.003 ETH ... in USD?" Is there such an experience? 
HB DEX can switch "WETH" and "USD" notation on the tab on the right side of the order book.

 

However, when ordering it is the price of “WETH”, so USD notation is used to confirm the guide only.

 

Summary

Do you understand so far?

HB DEX is an easy-to-use DEX that has been carefully handled in Japanese and has careful attention. Let’s trade and actually practice.

In addition, I will update this article from time to time.

 

コメントを残す

メールアドレスが公開されることはありません。 * が付いている欄は必須項目です