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.
目次
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.
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.

※ 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
When you want to buy UNKOin
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

When you want to buy UNKOin

Do you understand about “Take” and “MAKE”?
If you made a mistake when ordering, let’s cancel.
To cancel the order
※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.