Take Control Of Your Assets

With bitoftrade, you don’t need to identify yourself or register. All transactions are executed on the blockchain. How do we do it? When you wish to make a transaction, you simply send funds directly from your MetaMask wallet and your token swap is executed.

For example, if you’re making a swap, you get back the desired tokens directly to your wallet, without any intermediary or unnecessary extra steps. Or if you’re leverage trading, you see the open position on our platform under “Open Positions” and have the option to close the deal when you want.

Crypto leverage trading is the process of increasing your exposure to the market by allowing you to pay less than the full amount of your investment. The amount of money you can use for buying/selling assets relative to your initial investment is determined by the leverage.

For example, if you’re trading with leverage using x8 leverage on an initial margin of $10k, you will be able to increase your trading position from $10k to $80k.

Use this simple formula to calculate your potential profits/losses when using our leverage trade feature:

To learn how to make leverage deals on bitoftrade click here.

In order to swap tokens on bitoftrade please follow these steps:

1. Go to our trading page by clicking on “Start Trading”.
2. Connect your MetaMask wallet and choose “Swap” on the trading dashboard.
3. You can set your trading pair by searching for a specific token (by token name) and determining the number of tokens you want to trade.
4. After approving the transaction on your wallet, a progress bar will appear in the notification center and will be dismissed when completed.
5. When a transaction is completed you will be able to see it and its' status in the “Transaction History” section at the bottom of the page and some new tokens in your wallet. 

To learn how to swap on bitoftrade click here.

A limit order is an order to buy or sell an asset at a specific price or better.

• A buy limit order can only be executed at a limited price or lower.
• A sell limit order can only be executed at a limited price or higher.

Let's say you want to buy ETH, which is now $4,000, but you think that the price of this coin will drop very soon and you might be able to buy ETH cheaper. You place a limit order on the bitoftrade exchange to buy ETH for $3,000. If the value of ETH falls to the desired price, your trading limit order will be filled.

Limit orders are also widely used to prevent losses and to close targeted profits.

Learn How to Place A Limit Order on bitoftrade here.

MetaMask is a browser plugin, available as a Chrome extension or Firefox Add-on. At its core, it serves as an Ethereum wallet: by installing it, you will get access to a unique Ethereum public address, which you can use with online decentralized apps, and—for bitoftrade—make limit and leverage trades, and swaps tokens directly from your MetaMask wallet without any intermediates.

Note: you must first install MetaMask in order to use bitoftrade’s services.

For additional information and installation instructions, please visit https://metamask.io