Swap
Last updated
Last updated
The Buy/Sell feature in the Swap tab of FlashX enables users to easily purchase or sell tokens.
Access the Swap Tab:
Open FlashX and navigate to the Swap tab where you will find the Buy/Sell option.
Select the Token:
In the Buy Mode section, the token you want to purchase (or sell) will be displayed. You can search for a token by typing its name or address into the Search token address/name field.
Enter the Amount:
To buy or sell tokens, enter the amount you want to trade in the Amount box.
You will also see quick options like 0.01, 0.02, 0.05, etc., allowing you to easily select predefined amounts.
Select Buy/Sell Mode:
You can toggle between Buy Mode and Sell Mode using the buttons at the top of the panel.
Buy Mode: Allows you to purchase tokens.
Sell Mode: Allows you to sell tokens.
Priority Fee:
The Priority Fee is displayed under the Total Fund. It determines the transaction speed by prioritizing your trade in the blockchain network. Set an appropriate fee to ensure that your transaction is processed quickly.
Slippage:
You can set the slippage percentage to control the maximum price difference you’re willing to accept between the expected and final execution price. FlashX will automatically adjust to optimize the best slippage within your set limit.
Transaction Fees:
Gas Fee: The gas fee is shown, which is required for the transaction to be processed on the blockchain. You can adjust settings to manage this.
Execute Trade:
Once all settings are configured and the amount is entered, click the "BUY [Token]" button to purchase the token.
For selling tokens, the "SELL [Token]" button will be available.
The Limit Order feature on FlashX allows users to set buy or sell orders at a specific price, which will only be executed once the market reaches that price.
Access the Limit Order Tab:
In the Swap section, click on the Limit Order button to switch to the Limit Order mode.
Select Buy or Sell Mode:
You can toggle between Buy Mode and Sell Mode depending on whether you want to buy or sell the token.
Buy Mode: Enter the amount of tokens you want to buy.
Sell Mode: Enter the amount of tokens you want to sell.
Set the Amount:
In the Amount field, input the number of tokens you want to trade. You can use the predefined quick selection options (0.01, 0.02, 0.05, etc.) or manually input a custom amount.
Set the Price:
Under the Price field, set the price at which you wish to buy or sell the token. This is the limit price for your order. The order will only be executed when the token reaches this price.
You can refresh the price using the refresh icon next to the price to get the latest price before setting your limit order.
Set Slippage:
Adjust the Slippage slider to determine the maximum price deviation you're willing to accept when executing your order. A higher slippage tolerance may result in faster execution, but could also lead to higher costs if the market moves unfavorably.
Expiration:
Expire: Set the expiration time for your order. For example, you can choose 1 day or a custom timeframe. The order will be canceled if it is not executed within the specified time.
Gas Fee:
The Gas Fee required for processing the order will be displayed. Ensure that you have enough funds in your wallet to cover the transaction fees.
Place the Order:
Once you've set the amount, price, slippage, and expiration time, click the "BUY [Token]" or "SELL [Token]" button to place your limit order.
Dollar-Cost Averaging (DCA) is a strategy that allows users to invest a fixed amount in a token at regular intervals, regardless of the token's price.
Access the DCA Tab:
In the Swap section, click on the DCA button to switch to the Dollar-Cost Averaging mode.
Choose Buy Mode:
Select Buy Mode to set up your DCA strategy and purchase the token at regular intervals.
Set the Minimum and Maximum Price:
Min Price: Enter the minimum price at which you want to buy the token. The DCA system will only buy when the token price reaches or falls below this amount.
Max Price: Enter the maximum price at which you are willing to purchase the token. The DCA system will not buy if the token price exceeds this value.
Set the Interval:
Choose the interval at which the DCA system will execute your buy orders. You can select the interval in days (D), weeks (W), or months (M).
For example, you can choose 1 day if you want to buy the token every day at the specified price range.
Set the Duration:
Duration: This is the total length of time the DCA strategy will run. Choose the duration in days, weeks, or months depending on your investment plan.
For example, you can set the duration to 1 week to run the DCA strategy for a week.
Set the Buy Amount for Each Interval:
In the Buy Amount Each Interval field, enter the amount of tokens you want to buy at each interval. This amount will be automatically invested at the price range you’ve set.
Execute the DCA Strategy:
Once you’ve configured all the settings, click the "BUY [Token]" button to start your DCA strategy.
Your purchases will be automatically executed based on the price fluctuations and intervals you've set.
