How to Get Started with BitDealz Exchange?
Get started with the all-new BitDealz Exchange and trade crypto effortlessly with the help of the following guidelines.
Begin Your New-age Trading Journey
Leap into the world of cryptocurrency trading in just three steps.
1. Create a Crypto Wallet
The first requirement is to create a wallet (available in desktop and mobile versions) to store crypto holdings and to start using the BitDealz Exchange.
Tips to Download a Wallet
Install the latest version from the official site
Follow the guidelines to install
Back up the recovery procedures
How To Choose Between Mobile and Desktop Wallet?
Select the preferred wallet based on its advantages and what suits you the most.
Mobile wallet - Portable, easy to use, requires an internet connection. Popular mobile wallets are Metamask, Coinbase, Trust Wallet, etc. Mobile wallets are available as applications across iOS and Android platforms.
Desktop wallet - Highly secure, access friendly, etc. Some Popular mobile wallets are Metamask, Binance, and Trust Wallet. Desktop wallets are available as both standalone applications and plugins for browsers.
Important:
It is important to securely save your private key and seed phrase (recovery phrase) and not reveal it to others. BitDealz Exchange representatives will never ask for your private key or seed phrase.
2. Get Supported Tokens
For instance, BEP20 - A native Tokens of Binance Smart Chain (BSC)
BitDealz Exchange is a multi-chain supported platform (runs on BSC now) and you need a BEP20 or other tokens to pay gas fees and carry out all the activities
The platforms supports and allows token holders to trade, stake, etc., using any appropriate tokens(BEP20)
It is easy to convert the tokens to native tokens (like BEP20) in the suitable platforms
3. Integrate Wallet to BitDealz Exchange
Once created a wallet and secured the necessary BEP20 tokens, connect the wallet to the BitDealz Exchange to start trading.
1.2 Help Section
This section helps you to fix the pending transaction in a few easy steps
If the transaction is pending on wallet (Metamask),
Open Metamask Plugin by clicking the highlighted icon on the screen
Click the coloured icon and choose Settings from the menu
Then, locate Advanced gas controls and toggle it to On
Now in the same section, locate Customize Transaction Nonce (note it down) and toggle it to On
Now, go to Metamask and click Assets to find the token type of transaction (For instance, BCoin)
In the Token menu, locate Pending Transaction in the Queue area and select the transaction for more details
Search for Nonce and mark it down
Now, create a new transaction with higher transaction fees to make it successful
On the next Confirmation page, make sure the transaction or gas fee is higher than previous
Now, find Customize Nonce Tab and enter the number that you’ve marked in step 8 and click Confirm
Now, Open Metamask and click Activity to check where you can find the new transaction on top
1.3 FAQ
In the FAQ section, answers to some common questions raised by the BitDealz Exchange community are given.
How Safe is BitDealz Exchange?
BitDealz Exchange is built on Open-source software, and in addition, the Smart contracts are verified by certified experts.
How to Stake Bcoin?
It is easy to stake BCoin the liquidity pools by following the instructions in the Staking section.
How to Farm Tokens?
Click here to visit the Farming page to get insight on how to Farm your tokens in the BitDealz Exchange.
How to Calculate APR?
The annual Percentage Rate (APR) is calculated based on the formula.
Total Farm APR = Farm Base APR + LP Rewards APR
Note that rewards earned by LP token holders from trading fees are included in the Farm APR calculations.
What is the maximum supply of BCoin?
The maximum supply of BCoin is 300000000
Where to get more support?
Contact BitDealz Exchange social media platforms to get more information or any other questions, and we are ready to help you out!
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