How do I use CeDeFi trading?
How do I open an account to start using CeDeFi trading?
You don't need a traditional account to use DEX. You can create or restore a wallet directly in the app using a Passkey (iOS 16+ or Android 8+ with Google services enable).
Once your DEX wallet is created, you can immediately start trading supported DEX tokens.
How do I use CeDeFi trading without a wallet?
No, you can't. Before you can trade, you must first create a DEX trading wallet. Each user can only have one DEX trading wallet.
All DEX trades are executed through the DEX trading wallet:
When buying DEX tokens: Assets from your trading account are automatically transferred into the DEX trading wallet and used to complete the purchase. The purchased tokens will remain in your DEX trading wallet.
When selling DEX tokens: The tokens will be transferred back into the DEX trading wallet first, and then returned to your trading account.
Note: you can't deposit funds directly into the DEX trading wallet, nor withdraw funds directly from it.
How do I create or restore a DEX wallet?
Please refer to How do I create a DEX trading wallet?
What happens if my device doesn't support passkey for accessing CeDeFi trading?
Your DEX assets will still appear in your wallet, but you won't be able to use CeDeFi trading functions on your device.
If you encounter other passkey related issues, please refer here.
How do I check my assets for CeDeFi trading?
Select Assets from the trading page to check your token balances, trading history, and profit/loss. You can also sell or transfer your assets at any time.
How do I set up limit orders for DEX trading?
Currently, DEX only supports market orders and does not support limit orders yet. Please stay tuned for future updates as we gradually optimize the platform and add more order types.
Why are some tokens on CeDeFi trading not available for buying and can only be sold?
For tokens that are already listed on the exchange for Spot Trading, the DEX currently only supports sell orders. To buy these tokens, please proceed to the exchange to trade. The supported tokens are subject to what is shown on the spot's trading page.
Regarding slippage settings in DEX trading, does selecting a fixed 1% mean the slippage will always be 1%? If dynamic slippage is selected and set to 4%, does it mean the order can be executed as long as the slippage is within 4%?
Slippage settings (including both fixed and dynamic options) define the maximum slippage tolerance. For example, selecting a fixed 1% means the actual execution slippage will not exceed 1%. Selecting a dynamic slippage of 4% means the trade can be executed as long as the slippage is within 4%.
Do I still need to pay network fees and transaction fees if my DEX trade fails?
You are not required to pay network fees and transaction fees if your DEX trade fails.
If the network connection is lost after placing an order, will the DEX trade continue to be executed on Android devices?
Once a trade order is successfully submitted, the trade will continue to be executed even if the network connection is interrupted afterward.
Why are certain tokens not displayed on the BNB Chain interface in DEX trading?
Due to limited support for AA contracts by the main launchpads within the BNB Chain ecosystem, the platform has decided to temporarily suspend support for the BNB Chain to avoid potential risks for users.
After purchasing primary-market dividend tokens on the exchange DEX, can they be held and earn dividends the same way as in a wallet?
This feature is currently not supported and please stay tuned for future updates.
After trading on the platform’s DEX, how can I view my exchange DEX wallet address?
The platform currently does not support viewing the wallet address used for DEX trades.
On the exchange DEX, if a submitted market order is not executed immediately and shows as “In Progress,” how can I cancel the order?
This is a common feature of on-chain transactions as it requires block confirmation to complete. Currently, canceling the order is not supported as it cannot be interrupted once a transaction is submitted on-chain. Please wait patiently for the front-end status to be updated; it will be shown as successful once the transaction is confirmed on-chain.
How do I sell the spot crypto assets I hold on the exchange through DEX?
Currently, selling crypto assets on the DEX after purchasing them on the exchange is not supported.
In DEX trading, how can I view the account opening fee for the Associated Token Account (ATA) on the Solana chain?
Currently, account-opening fees cannot be viewed separately.
After selling assets through DEX trading, the assets are transferred to the exchange as a deposit. Could network congestion prevent them from arriving?
Yes. The arrival of the assets may be delayed if there is network congestion.
Are tokens purchased on the exchange’s DEX eligible for withdrawal?
Token withdrawals are currently not supported.
Why is DEX trading not supported on my device?
If you encounter an issue where your device does not support DEX trading, please make sure all of the following conditions are met:
Use the app: DEX trading is only supported on the app and it is not supported on the web.
Complete account setup:
Register an OKX account
Complete identity verification
Bind and set up a passkey within the app
Ensure your app is up to date: Update your app to version 6.138.0 or above.
Meet mobile system requirements:
iOS devices: Must be running iOS 16 and above
Android devices: Must be running Android 8.0 or above, and Google services must be accessible and functional (Note: In some regions, Google Play services may be blocked due to network restrictions)
Note: due to global compliance requirements, access to our services may be restricted in certain regions. Please check your network settings, assess any potential risks, and take precautions to protect your account information.