How-to Guides

Setting Up a Wallet and Connecting to CrossDex

To begin using CrossDex, you need a compatible cryptocurrency wallet. Here’s a step-by-step guide:

  1. Choose a Wallet: Select a wallet that supports BNB Chain, such as MetaMask, Trust Wallet, or Binance Chain Wallet.

  2. Install and Set Up: Follow the wallet's instructions for installation and set-up. Securely back up your recovery phrase.

  3. Connect to BNB Chain:

    • MetaMask: Go to Settings > Networks > Add Network. Enter the BNB Chain details:

      • Network Name: BNB Chain

      • RPC URL: https://bsc-dataseed.binance.org/

      • Chain ID: 56

      • Currency Symbol: BNB

      • Block Explorer URL: https://bscscan.com

  4. Connect to CrossDex:

    • Open the CrossDex app and click on "Connect Wallet".

    • Select your wallet provider and authorize the connection.

Buying and Holding CDE Token

CDE is the native token of CrossDex. Here's how to buy and hold it:

  1. Buy BNB: You need BNB or USDT to trade for CDE. Buy BNB from cryptocurrency exchanges like Binance.

  2. Transfer BNB, USDT to Wallet: Send your BNB, USDT from the exchange to your connected wallet.

  3. Swap BNB for CDE:

  • Go to CrossDex's Presale interface.

  • Select BNB or USDT in the "From" field and CDE in the "To" field.

  • Enter the amount of BNB you want to exchange and confirm the transaction.

Trading on CrossDex

Trading on CrossDex is very simple. Follow these steps:

  1. Navigate to the Swap Interface: Go to the "Swap" section on CrossDex.

  2. Select Token: Select the token you want to trade and the token you want to receive. Enter amount: Enter the amount you want to trade.

  3. Review details: Check estimated yield, price impact and fees.

  4. Confirm Swap: Click "Swap" and confirm the transaction in your wallet.

Participating in Liquidity Provision

Providing liquidity on CrossDex allows you to earn fees. Here’s how:

  1. Go to the Liquidity Section: Select "Liquidity" on the CrossDex interface.

  2. Add Liquidity:

    • Click on "Add Liquidity".

    • Choose the token pair you want to provide liquidity for.

    • Enter the amount of each token.

    • Approve the tokens if it’s your first time adding liquidity for this pair.

  3. Supply Liquidity: Confirm the supply and approve the transaction in your wallet.

  4. Manage Your Position: Track your liquidity positions and earnings in the "My Liquidity" section.

Creating and Managing Pools

Creating a pool on CrossDex enables you to set up liquidity for new token pairs. Here’s how:

  1. Access Pool Creation: Navigate to the "Pool" section and click "Create a Pool".

  2. Enter Pool Details:

    • Select the token pair.

    • Set initial prices and amounts.

  3. Create Pool: Confirm the creation and approve the transaction in your wallet.

  4. Manage Pool: Monitor and adjust your pool as needed in the "Pools" section.

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