One-click exchange product introduction
COINBENE
Related type: Others
2021-04-22 16:29
What is a one-click exchange?
One-click exchange is a currency exchange service for registered users of CoinBene, which can quickly realize platform assets and high-quality digital assets on the chain. The operation is simple, and the currency exchange can be realized with one click.
Advantages of one-click exchange:
1. Free switching between on-chain and off-chain: users do not need to prepare their own wallets and then exchange on-chain, only need to transfer USDT from the site to the [chain] asset account to perform flash exchange operations;
2. One-stop aggregation trading: When users exchange, the platform will initiate transactions on the 1inch chain aggregation exchange, and the user will trade at the best price on the chain;
3. New market before listing: Deploy high-quality assets on the chain first, and wait for the currency to rise before listing;
4. USDT Smart Settlement: The flash exchange process only needs to bear the miner's fee generated during the on-chain transaction. (Miner's fee, the platform will convert ETH into USDT at the latest price for deduction. The miner's fee is paid to the miner and the platform will not collect it.)
Tip: Since blockchain transactions may fail, if the transaction fails, the user needs to bear the cost of the transaction failure, that is, the block fee.
1. Transfer
Transfer USDT in the platform to an account on the chain
2. Transaction (buy coins/sell coins)
Click on the on-chain account to trade.
The default is to buy coins in USDT, click the switch button, sell coins for USDT
3. Withdrawal
After buying coins on the chain, click on the asset details to enter the withdrawal page. The coins can be referred to exchanges or wallets.
Note: The transfer or withdrawal of assets purchased on the chain requires a withdrawal operation, and the payment of the block confirmation miner fee is not allowed for direct intra-platform transfer