Trading
A Decentralised exchange is where you can trade one Token for another. There are thousands of Cryptocurrencies on the Avalanche blockchain and using Joe's Dex, you can discover and trade them with as little as one click.
To Trade AVAX, JOE, Stablecoins or other Cryptocurrency Tokens simply select the two tokens you wish to exchange using the Swap panel on the Trade page.
All prices fictional. Screenshots taken from testnet.
To Trade a Token on the Decentralised Exchange, there must be Liquidity. The liquidity provided to the Exchange comes from Liquidity Providers ("LPs") who stake their tokens in "Pools". In exchange, they get LP (Liquidity Provider) tokens, which can also be staked to earn JOE tokens in the "farm".
When you make a token swap (trade) on the exchange you will pay a 0.3% trading fee, which is broken down as follows:
0.25% - Paid to liquidity pools in the form of a trading fee for liquidity providers.
For users that want to protect their trades, manage risk, or #BuyTheDip while asleep, limit orders and stop losses are available through AutoSwap [autoswap.trade link].
It uses Autonomy Network's decentralised automation protocol to guarantee that your trade is executed for you only with the price condition you specify, or better, all while you're offline.
Last modified 9mo ago