How to Trade
Monadswap provides a seamless and intuitive interface for trading tokens. Whether you're new to decentralized exchanges or an experienced trader, the platform offers features that cater to all levels of users.
Steps to Execute a Trade:
Connect Your Wallet:
Ensure your Monad-compatible wallet is connected to Monadswap.
Your available token balances will automatically be displayed.
Select Tokens to Swap:
Choose the token you want to trade from the "From" dropdown menu.
Select the token you wish to receive from the "To" dropdown menu.
Enter the Amount:
Input the amount of the token you want to swap. The system will automatically calculate the equivalent amount of the token you will receive based on the current market rate.
Review and Confirm:
Double-check the details, including the exchange rate, slippage tolerance, and any transaction fees.
Click "Swap" to initiate the transaction.
Complete the Transaction:
Confirm the transaction in your wallet and wait for it to be processed on the Monad blockchain.
Once completed, the swapped tokens will appear in your wallet.
Advanced Trading Options:
Limit Orders: Set a specific price at which you want to execute a trade. The transaction will only be processed when the market reaches your specified price.
Slippage Tolerance: Adjust the slippage tolerance to control how much the price can change between when you initiate the trade and when it is executed.
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