🖥️User Guide

Details on how to trade with Unich Pre-Order OTC.

Getting Started

Step 1: Connect wallet

Connect your Web3 wallet to start trading on Unich Pre-Order OTC.

Click 'Connect Wallet' in the top-right corner to see available wallets in the dropdown.

Choose one of the supported wallets.

Step 2: Select trading interfaces

Choose between Advanced Mode & Simple Mode interfaces for smoother trading.

To select the trading mode interface, click on the 'Trade' button in the menu bar, choose 'Pre-Order Trading'.

You can choose between Advanced Mode (with detailed charts) and Simple Mode (only with Order Book).

Step 3: Select trading pairs

Choose the trading pair you prefer.

Click the trading pair section in the top-left to quickly select from all available pairs in the popup!

At launch, Unich Pre-Order OTC only supports SOL/USDC pair. More pairs will be added soon.

Opening a Trade Order

Step 1: Setup an open order

You can place buy or sell orders at any price and amount, with the system automatically calculating the collateral needed for your open order.

You only need to collateralize 5% of the trade volume.

Collateral will be automatically calculated.

Step 2: Confirm collateral to open order

After hitting the Buy/Sell button and confirming the collateral, a popup will notify you that your order has been successfully opened.

Your open order will then show up on the Order Book.

Note: Make sure you have enough gas fees in your Web3 wallet to complete this step.

Trading interface after your order is successfully opened!

You can cancel any open orders that haven't been matched. These orders will move to 'Order History' tab.

Step 3: Identify the trading session

After opening your order, check the timeline in the top-right corner to see the trading session you just joined.

The timeline helps you track the Trading Time and Settlement Time of each order.

Each day, Unich Pre-Order OTC has 2 trading sessions, each lasting 12 hours, in UTC time.

Orange represents Session 1 (00:00 - 11:59). Blue represents Session 2 (12:00 - 23:59).

When your order is matched in a session, remember the next Settlement Time to make timely payments. Forgetting to settle may result in losing your collateral.

Track the Settlement Time to complete your orders on time.

Settlement Time (Session 1): 14:00 - 14:30 UTC daily.

Settlement Time (Session 2): 02:00 - 02:30 UTC daily.

Remember this!

Settle a Matched Order

Step 1: Manage a matched order

A matched order will move to 'Order History' tab on your order tracking panel.

If your order is partially matched, the remaining volume will stay as an open order in 'Open Order' tab.

'Order History' tab helps you manage the matched orders.

In 'Order History' tab, you can cash out an order (during Trading Time) or settle it (during Settlement Time).

Step 2: Settle a matched order

At Settlement Time, the Settle button for each matched order will become active, giving you the option to proceed or not.

You have the choice to settle or not.

If you settle, depending on whether you're the buyer or seller, you'll either need to deposit the remaining 95% collateral or deliver the committed tokens.

If you don't settle, your initial collateral will be forfeited to the counterparty.

Note: Your profit is determined by the difference between the token price at Settlement Time and the matched order price. Check the 'Example and Concepts' section for a clearer understanding and to make the best decision.