Velox Limit Trading: A Step-by-step Process

Velox
1 min readMar 22, 2021

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Here is a step-by-step guide for simple, straightforward Velox trading. We’ve decided to release this post as a supplement to the User Guide, which clarifies much of why Velox was constructed as is. Enjoy!

  1. On the App.Velox.Global webpage, click on “Connect Wallet.”
  2. Approve the MetaMask connection.
  3. Search for your token pair.
  4. Enter the maximum amount of gas to spend on your transaction.
  5. Decided whether you’d like to buy the token (WETH next to input space) or sell the token (Token icon next to input space).
  6. Enter the token price at which Velox will send your trade and select WETH or USD pricing.
  7. Enter the appropriate slippage amount for the strategy.
  8. Unlock as much WETH and Token you want the Velox smart contract to access.
  9. Click on Wrap Ethereum to have the necessary amount of WETH in your wallet to execute an order.
  10. Review your strategy to select how many re-try attempts you would like in the event of a failed transaction.
  11. Deploy Velox!

Issuing multiple strategies does not cost anything, neither does canceling them. Feel free to adjust execution points as your token analysis changes!

Note: If you are using Brave Browser, take down the Shield incase Velox is not launching properly.

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Velox
Velox

Written by Velox

The scalable, highly efficient trading bot for decentralized exchanges.

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