Trade

The Trade module is the core component of HOTFI, offering decentralized peer-to-peer matching trading functionality for BRC20 tokens. Any user can engage in trading by connecting their BRC20 wallet. If you hold BRC20 tokens, you can set a specific price and create sell or buy orders. If you're a BTC holder and want to acquire BRC20 tokens, you can also place buy orders on the Trade order book at your desired price. When the price falls within the matching range, orders are executed in the order they were placed.

The Trade module provides a trading chart (K-line chart), allowing users to analyze the price trends of BRC20 tokens. This analysis can aid in making informed decisions about your buying and selling positions.

Within the Trade module:

• Order List: The order list will display the buy and sell orders of the BRC20 tokens listed by the user. Anyone can trade through this module.

• K-line chart: The K-line chart is a tool to view the price trend and trading volume of BRC20 tokens, and users can judge the trading range of tokens based on it.

• History Orders: Users can review each transaction from historical orders. Transactions can also be verified for authenticity using the transaction hash.

• My Orders: This section displays a user's own trading records. Once a transaction is completed, users should remember to click the Withdraw button to transfer their BRC20 tokens or BTC to their wallet.

The Trade module plays a pivotal role in enabling secure and efficient trading of BRC20 tokens on the HOTFI platform. It offers features that enhance transparency, enable analysis, and empower users to actively participate in the token trading process.