{"id":9799,"date":"2020-09-22T18:13:18","date_gmt":"2020-09-22T16:13:18","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=2698"},"modified":"2022-02-25T16:05:19","modified_gmt":"2022-02-25T15:05:19","slug":"satt-will-begin-trading-on-3xchange-io-decentralised-exchange-in-2-days","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/9799","title":{"rendered":"SaTT will begin trading on 3xchange.io decentralised exchange in 2 days"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Not too many people are comfortable with trading in centralized exchange such as Binance and Kucoin. Due to the perceived increase in threat to safety, security and associated risks when compared to centralized exchange, decentralized exchange popularly known as Dex platform, trumps CEX, in areas of usage and preference when viewed from the perspective of a lot of traders. The concept of trading in a decentralized exchange isn&#8217;t as complicated as it is in a centralized structure in a lot of ways.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example in a centralized exchange, users are prompted to create an account, create an order book, placing their bid or ask either on the market price or limit price, choose instant execution or limit market which entails that the orders are filled on a later period, all of this transactions are done interacting with the exchange wallet and not user controlled wallet, a situation viewed as flawed by many.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a decentralized exchange all of the above steps are not necessary as trades are carried out by pairing of users own wallet to the exchange network without the need of registering or having a new wallet for trade transactions and executions, eliminating effectively the role of a middleman.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Decentralized_exchange\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Decentralized exchanges<\/span><\/a><span style=\"font-weight: 400;\"> adopts the peer to peer approach to trading, wallet to wallet trade execution saves time, fees and shorten the process to trading activities and when the blockchain is not clogged could be one of the fastest way of trading.\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_32 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table des mati\u00e8res<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table des mati\u00e8res\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/satt-token.com\/blog\/archives\/9799\/#How_to_trade_on_3xchangeio_decentralized_exchange\" title=\"How to trade on 3xchange.io decentralized exchange\">How to trade on 3xchange.io decentralized exchange<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/9799\/#How_to_carry_out_transaction_on_the_3cchange_decentralized_platform\" title=\"How to carry out transaction on the 3cchange decentralized platform:\">How to carry out transaction on the 3cchange decentralized platform:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/9799\/#Safety_and_security_concerns\" title=\"Safety and security concerns\">Safety and security concerns<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_trade_on_3xchangeio_decentralized_exchange\"><\/span><b>How to trade on 3xchange.io decentralized exchange<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/satt-token.com\/\"><span style=\"font-weight: 400;\">SaTT<\/span><\/a><span style=\"font-weight: 400;\"> caters for users of decentralized exchange platforms by listing on one. <\/span><a href=\"https:\/\/3xchange.io\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">3xchange.io<\/span><\/a><span style=\"font-weight: 400;\">, a reputable Dex portal, that is well known for its ease of use, simplicity, safety and fast execution of transactions. By simply connecting to your metamask or your SaTT account, users can trade directly with the market anytime and at their convenience without the need of signing up or transferring from wallet to wallet.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2700\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/IMG_0066-e1600789851203.jpg\" alt=\"\" width=\"700\" height=\"731\" title=\"\"><\/p>\n<p><span style=\"font-weight: 400;\">Located at the Top-left section of the page, there is the metamask and SaTT button which can be used to gain access to the exchange by simply clicking and connecting to the preferred platform which in this case we picked SaTT.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2701\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/IMG_0066-1-e1600790016258.jpg\" alt=\"SaTT on 3xchange\" width=\"700\" height=\"114\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/IMG_0066-1-e1600790016258.jpg 719w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/IMG_0066-1-e1600790016258-300x49.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">By clicking on the SaTT button, users are redirected to the SaTT platform to login with either of the listed social platforms.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2702\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/trading2.png\" alt=\"SaTT on 3xchange\" width=\"700\" height=\"805\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/trading2.png 596w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/trading2-261x300.png 261w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">After logging into the platform this is how your dashboard looks like, with your connected portal.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2703\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/IMG_0065-1-e1600790434939.jpg\" alt=\"\" width=\"700\" height=\"449\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/IMG_0065-1-e1600790434939.jpg 720w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/IMG_0065-1-e1600790434939-300x193.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_carry_out_transaction_on_the_3cchange_decentralized_platform\"><\/span><b>How to carry out transaction on the 3cchange decentralized platform:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">After connecting the SaTT platform to the exchange, users can trade using the &#8220;send&#8221; and &#8220;receive&#8221; button, a list of coins\/tokens is popped up when interacting with these buttons.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2707\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/trading3.png\" alt=\"SaTT on 3xchange\" width=\"700\" height=\"508\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/trading3.png 894w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/trading3-300x218.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/trading3-768x558.png 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><b>Send<\/b><span style=\"font-weight: 400;\">: The coin available in your SaTT wallet is shown on the send portal. In this instance of executing your first trade on the platform, SaTT token is expected to be in your &#8220;Send&#8221; portal automatically and ready for trade.\u00a0<\/span><\/p>\n<p><b>Receive<\/b><span style=\"font-weight: 400;\">: The coin you wish to receive, in this case in exchange for SaTT tokens, users with say wrapped ETH (weth) can exchange to SaTT tokens which is automatically added to their SaTT wallet.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2706\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/3xchange-1.png\" alt=\"3xchange\" width=\"700\" height=\"258\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/3xchange-1.png 1215w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/3xchange-1-300x110.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/3xchange-1-1024x377.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2020\/09\/3xchange-1-768x283.png 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><b>Immediate transaction<\/b><span style=\"font-weight: 400;\">: switching on the &#8220;immediate transaction&#8221; button will speed up the trade action and execute instantly.\u00a0<\/span><\/p>\n<p><b>Exchange<\/b><span style=\"font-weight: 400;\">: By clicking on the &#8220;exchange&#8221; button, the trade action is activated and users get their preferred coins added to their wallet automatically which in this case is SaTT coin.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Safety_and_security_concerns\"><\/span><b>Safety and security concerns<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">It should be of note that users are expected to be safety conscious when they use Dex platforms due to the increased ease of hackers, spammers, and scammers &#8216; ability to create replicas that copy almost exactly the original website. For example 3xchange.io could easily be replicated to 3xchange.com or 3xchange.org with almost the same UI\/UX built with the intention to steal users&#8217; details.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also ensure the browser used is secured, the url are correctly spelt and the http is secured this way: <\/span><a href=\"https:\/\/3xchange.io\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/3xchange.io\/<\/span><\/a><span style=\"font-weight: 400;\">. Notice the &#8216;s&#8217; in the http extension.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another important hack is to ensure that your SaTT account is protected with a 2nd Factor Authentication like Google and Authy authenticator, that adds another extremely crucial layer of protection for your money. Hackers are known to attack accounts with less pro to steal users funds with less protection, it behooves the account owner to apply extreme caution at this time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SaTT is recently added to Kucoin, Uniswap etc in a move that follows the success of its tokensales which have raised around $4 million today, fulfilling its promise of listing in record time.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not too many people are comfortable with trading in centralized exchange such as Binance and Kucoin. Due to the perceived increase in threat to safety, security and associated risks when compared to centralized exchange, decentralized exchange popularly known as Dex [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-9799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-stories"],"_links":{"self":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/9799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/comments?post=9799"}],"version-history":[{"count":1,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/9799\/revisions"}],"predecessor-version":[{"id":11041,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/9799\/revisions\/11041"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/2705"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=9799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=9799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=9799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}