🖥️User Guide

Learn How to Trade on Unich Pre-Market OTC

Getting Started

Step 1: Connect Wallet

When you click on “Connect Wallet” just below the order window, the wallets recognized in your browser will appear in the dropdown menu below.

Step 2: Select Asset Pairs

On the top left corner of the interface, Unich currently supports trading pairs with UN and USDC. To start trading, select your trading pairs using the asset dropdown menu in the upper left corner of your screen. Star your favorite markets to save time when returning to the platform.

Step 3: Types of Orders

Trade Order

Bid Order

Cashout Order

Function

Trade tokens at a specified price and quantity.

Exit a position at a specified price and quantity of tokens.

Differences

Open Orders will be displayed immediately on the order book.

Open Orders will send offers to the other party.

No offers are sent for cashout orders.

Sell the user's position order.

Update cashout orders on the order book.

Simulation

Opening a Trade Order

Step 1: To open an order

You just need to select the price, quantity, and collateral asset in USDC, and click the Buy button to purchase tokens.

Step 2: Allow access to the collateral asset

After clicking the Buy button, a popup window will appear requesting you to deposit the collateral amount; perform the Approve action to confirm.

Step 3: Confirm the collateral deposit into the contract

Complete the order placement and confirm the assets sent into the order.

Step 4: Confirm the completion of the transaction

Confirm the order match by clicking Confirm. Then click Done to complete the transaction.

Matched transactions will change to a filled status and be displayed on the price chart of Unich Pre-Market OTC.

Unmatched transactions will appear on the order book. Users can cancel unmatched orders available in the open list. Click “Cancel” to cancel the order.

For sellers, the order placement process is similar.

Opening a Bid Order

Step 1: Create an Order

To open an order: You just need to select the price, quantity, and collateral asset in USDC, and click the Buy button to purchase tokens.

Step 2: Allow access to the collateral asset

After clicking the Buy button, a window will appear requesting you to deposit the collateral amount; perform the Approve action to confirm.

Step 3: Confirm the collateral deposit into the contract

Complete the order placement and confirm the assets sent into the order.

Step 4: Complete the order placement

Continue by clicking “Place Order” to confirm the creation of the order on-chain and simultaneously send USDC as collateral for the transaction.

Step 5: Complete the order placement

After completing the order placement, the system sends offers to all sellers. Users can cancel unmatched orders available in the open list. Click “Cancel” to cancel the order.

The process for creating a Sell Bid Order is similar. Users can cancel orders currently in the trading list available in the open order book.

Matching a Bid Order

Step 1: Accepting the Bid Order

The Sell Order receives proposals from Bid Buy orders. Users click the “Accept” button on the right side of the screen. A confirmation window will appear to accept the Bid Buy order; click “Accept.”