MCDEX Guide on Arbitrum via imToken

Published on: 18.09.2021

imToken introduced guide how to use MCDEX on Arbitrum One with imToken wallet.

🔹The MCDEX’s protocol V3 is fully permissionless with several pain-killer features:

Immensely lower fee
Market- top liquidity — For instance: In the USDC pool, you can trade500ETH or 40BTC without any slippage with 6M liquidity
Faster trading experiences, on par with centralized exchanges
Up to 25x leverage

Now, it has gone live on the Arbitrum mainnet.

Switching to Arbitrum

Enter the ETH wallet’s asset page and click “Ethereum Mainnet” under “Wallet”. Select “Arbitrum” in the pop-up window to switch to your Arbitrum wallet showing any Arbitrum tokens you have already added.

You can click “Ecosystem DApps” on the main page to find MCDEX DApp on the front page.

After you get into the MCDEX DApp, you can enter the transaction amount you wanna trade. Also, you are able to change the number of leverage by clicking the leverage number on the red frame and adjust.

Click the “Buy/Long ETH” order button to confirm the order.

MCDEX not only offers the “Market Order”, but also offers “Limit Order” and “Stop Order”. Clicking “Market” — shown in the red frame below — and switch to the trade transaction you want.