Articles on: Getting Started

Make your first trade

Make Your First Trade on Rolla



Welcome to Rolla! Ready to make your first trade? This guide will walk you through the simple process of executing your first trade on Rolla. Let's get started.

Step 1: Initiate Trading


- Accessing Trading: Click the 'Trade Now' button. This is your first step towards engaging in trading activities on the platform.

Step 2: Select Your Web3 Wallet


- Choosing a Wallet: Select your preferred web3 wallet. Rolla supports various wallets, offering you the flexibility to choose the one that best suits your needs.

Step 3: Start Your Trading Session


- Activating the Session: Click on the "Start Session" button. This crucial step will begin your trading session, allowing you to make unlimited trades for the next 24 hours without the need to sign MetaMask prompts. Remember, this session expires after 24 hours.

Step 4: Making a Trade


- Ensuring Funds are Deposited: Before you can trade, ensure you've made a deposit. If you haven't, please refer to our deposit guide for assistance.
- Entering Trade Details: Now, enter the trade size amount, select the duration for your trade, and decide whether to click 'Up' or 'Down'. Your choice should be based on the direction you predict the market price will move within your selected duration.

Step 5: Trade Confirmation and Monitoring


- Confirming Your Trade: After clicking 'Up' or 'Down', an on-screen indicator will display your trade and show real-time results. This feature allows you to monitor the progress of your trade closely.

Additional Tips


- Stay Informed: Familiarize yourself with market trends and analysis to make informed decisions.
- Practice Risk Management: Consider starting with smaller trades as you familiarize yourself with the platform.

Conclusion


Making your first trade on Rolla is designed to be a straightforward and user-friendly experience. By following these steps, you can confidently engage in trading activities and explore the exciting world of DeFi on Rolla.

Happy Trading!

Updated on: 07/12/2023

Was this article helpful?

Share your feedback

Cancel

Thank you!