The Exchange tab in Venga allows you to trade FIAT for cryptocurrencies and convert one cryptocurrency to another. This feature provides an intuitive interface to manage your trades efficiently.
How to access Exchange?
To access the Exchange, follow these steps:
- From the Home Page – Tap on the Exchange button. You can also access the exchange through the wallet, select a specific token, and tap on exchange.
- Viewing Available Trading Pairs – You’ll see a list of trading pairs you can exchange.
- Selecting a Pair – Tap on a specific pair to open a detailed trading page.
Get a better understanding of the asset you're about to trade
In this dedicated screen, you will find all the relevant information to trade with ease. These include but are not limited to:
- Token Chart – View historical price data across different timeframes.
- Token Information – See market cap, total supply, circulating supply, and 24-hour trading volume.
- About Section – Learn more about the selected cryptocurrency.
- Orders Tab – Review your current and past orders.
- Buy and Sell Buttons – Initiate a trade.
Placing a Trade
- Tap Buy or Sell – This will open the trading screen.
- Enter Amount – You can manually type the amount or use the percentage buttons for quick selection.
- Check Exchange Rate – The current rate will be displayed.
- Review Your Order – Before confirming, double-check all details on the review screen.
- Confirm the Trade – Tap the Review Order button to finalize your transaction.
- Order Confirmation – You will see a confirmation screen once the trade is completed.
Important Notes
- Access to Tokens Varies – Depending on your identity verification information and location, you may have access to different tokens.
- For example, European Economic Area (EEA) residents can trade pairs with EUR.
- Upcoming Feature: Limit Orders
- In the near future, you will be able to set a target price for buying or selling a token.
- The order will only be executed when the token reaches the specified price.
With these steps, you can easily trade and manage your assets using Venga’s Exchange feature!