Now that you’ve met Danny (@agintender) and Shin (@chinshinliang) on our People of MarginX series, we want you to be a part of it too!
Opening up this forum thread for you to ask us anything! Questions about why you should use MarginX, how different features on MarginX work, what’s in it for you in the long run — anything that you’ve been dying to ask.
And we’ll be happy to connect with you and get back to you with our answers… maybe in the next video!
I wanted to express on this thread if the team planned on bringing crypto spot trading, relatively sooner than later.
I am aware this wasn’t a priority atm, since you have many other products happening elsewhere.
However, with the recent impact and sentimentals towards CEX via ftx scandalous creeps, can it therefore be something that team MX can fast forward to the platform?
I do think spot trading will bring that extra X factor to MarginX, giving something that is much desired now, and the likelyhood of mass recognitions leading towards the impending cbdc playbook.
I think the opportunity is there currently to attract more users with the open and transparent DEX, aided with all the added bonus features of MarginX infrastructures.
I do hope the Team can build towards the spot-trading as well as building the other products at the same time. The only way to do this is probably expanding the team. Or maybe as a suggestion tethering more members of Team FX for this specific role…
Am I right: in order to trade ($BTC, $ETH or $FX, …) on MarginX DEX - First I have to bridge some $USDT that is in my f(x)Core space to the MarginX space on my FXWallet to get started and I also have to hold some $FX to pay the fees!
Well I want to dive into the MarginX
And fist I thought, let’s deposit some USDT into MarginX
I added some USDT to my f(x)Core address and I also have some fx in f(x)Core.
Connected my f(x)Wallet to MarginX on the website.
Then I click the bridge option and want to bridge the USDT to the MarginX chain.
From f(x)Core to MarginX, trading pair fx/usdt
Balance is 0, so can’t bridge anything.
What do I miss??
I don’t hold any positions yet.
Btw, on the website page: https://marginx.io/learn/ in the section “how to transfer tokens in and out…” the 2 video’s are mixed up I believe, they should be turned around
ok i did my first round of testing everything out in live mode…
first of all, if you know that u just sometimes have to reconnect the wallet and then leave the fx wallet open on the phone all times then it works fine. otherwise if the phone goes into sleep mode and the fx wallet is still connected it happens to be not functional until you disconnect and connect again.
technical:
the bridges and transfer between the pairs work fine after i figured out point one… good work its really smooth…
that you need BOTH, fx AND the usdt is kind of unusual and that there is no possibility of swapping…
i hope there will be a swap mechanism implemented (like using fx-swap integration)
trading:
i dont know if i am blind or not… but i cant find the possibility to put in stop loss actions etc… if those are not implemented yet then this is a MUST HAVE TOP PRIORITY… otherwise no serious trader will use this more than just trying… @Danny
overall a nice and beautiful technically working product…
swapping integration and stop loss and other trading options are missing…