How to trade
Trading on BlueWhaleX is designed to be intuitive and efficient, making it easy for both IP asset owners and traders to swap Intellectual Property (IP) tokens without the complexity of traditional exchanges. The BlueWhaleX Smart Router ensures that all trading routes and calculations are optimized for the best pricing and liquidity.
🔹 Getting Set Up to Trade
Before trading on BlueWhaleX, you will need: ✅ A wallet compatible with Story Protocol (such as MetaMask or WalletConnect). ✅ Some IP-backed tokens or stable assets to trade with.
🔹 How to Trade on BlueWhaleX
1️⃣ Go to the Exchange Page – Navigate to the BlueWhaleX Trading Interface.
2️⃣ Connect Your Wallet – Click “Connect Wallet” (available at the top-right corner).
3️⃣ Select a Token to Trade – Choose the IP token or asset you want to swap in the dropdown menu.
Your wallet balance for the selected token is displayed above the dropdown.
4️⃣ Choose the Token to Receive – Select the destination token in the lower section.
5️⃣ Enter the Swap Amount –
Type the amount you want to swap in the upper section (spending amount).
Or, enter the amount you want to receive in the lower section (receiving amount).
The opposite field will auto-calculate based on liquidity conditions.
6️⃣ Review & Confirm Swap –
Check all details, then click “Swap” to proceed.
If this is your first time trading a token, you may need to approve the contract by clicking "Enable [Token]".
7️⃣ Confirm in Wallet – A confirmation screen will appear. Click “Confirm Swap”, and approve the transaction in your wallet.
8️⃣ Transaction Complete – You can verify your transaction on the Story Protocol blockchain explorer by clicking the provided link.
🔹 BlueWhaleX Smart Router - Optimized Trading Routes
The BlueWhaleX Smart Router is an intelligent routing algorithm that connects different liquidity pools and IP market makers to ensure optimal pricing and liquidity.
How It Works:
✅ Aggregates Liquidity – Routes trades across multiple liquidity pools for the best pricing. ✅ Minimizes Slippage – Ensures traders receive the best execution price. ✅ Optimized for IP Markets – Supports IP-backed tokens with deep liquidity sources.
By default, BlueWhaleX Smart Router provides the most efficient trading route, but users can customize routes based on liquidity conditions.
🚀 Start trading now on BlueWhaleX and experience the future of decentralized IP trading!
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