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How To Trade

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Introduction

Trading on Yuzu is designed to be straightforward and user-friendly, with a streamlined process that minimizes complexity and automatically handles calculations for you.

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Getting Set Up for Trading

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Requirements

  1. Movement-Compatible Wallet: Before trading, ensure you have an Movement-compatible wallet. Learn how to get one here.

  2. $MOVE Coins: You'll also need $MOVE coins for trading. Instructions for acquiring $MOVE are available here.

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Trading Process

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Accessing the Exchange

  1. Navigate to the Yuzu exchange here.

  2. Unlock your wallet by selecting "Connect" in the top-right corner. If you haven't set up a wallet yet, follow this guide.

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Executing a Trade

  1. Select 'From' Token: Choose the token you wish to trade from the dropdown in the "From" section. Ensure you have a sufficient balance, which is displayed above the dropdown.

  2. Select 'To' Token: In the "To" section, choose the token you want to receive. If the token is not added to the supported token list, you can import it by pasting the contract address in the search bar. Enter the amount in the input box, and the corresponding "From" amount will be estimated automatically.

  3. Initiate Swap: Verify the details and click "Swap".

  4. Confirm Details: Review the information in the pop-up window and click "Confirm Swap". Your wallet will prompt you for final confirmation.

  5. Completion: Once confirmed, you can view the transaction on the Movement Explorer.

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Troubleshooting

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Why Isn't My Transaction Going Through?

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Gas Fees

Ensure you have sufficient $MOVE for gas fees, which fluctuate based on network traffic. Learn more about gas fee here.

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Transaction Fees

Check if the tokens you're swapping have any fees or restrictions. Tokens on Yuzu may include a transaction fee in their contracts for various purposes, such as funding a treasury or rewarding stakers.

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Swapping with Transaction Fees

Research tokens beforehand to understand any transaction fee mechanisms. Adjust your slippage settings to accommodate these fees. For example, a 5% Tax may require a slippage setting of at least 6%-7%.

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Conclusion

By following these steps and being aware of token-specific fees and restrictions, you can enjoy a smooth trading experience on Yuzu. Always stay informed about the tokens you trade to ensure successful transactions.

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