Your First Trade
Congratulations, we're about to make your first DeFi trade on Bogged!
Last updated
Congratulations, we're about to make your first DeFi trade on Bogged!
Last updated
Now that you've got some BNB in your wallet, it's time to learn to make your first trade. If there's an asset that you've heard about on one of our supported chains, nows the time to learn how to trade it.
For this example, we'll be buying some BOG, the token that supports and runs the Bogged platform. But you can buy whatever you want!
Visit the Bogged platform.
Press Connect Wallet in the top right.
The wallet should instantly connect, if not, you may need to make sure Metamask is unlocked. Click the metamask icon and enter your password if needed, then try Step 2 again.
Now you're connected to Bogged!
First we'll need to select which token you wish to trade, press the big green "Select Token" button.
We're going to Select "Bogged Finacne (BOG)" for this example, but if you want to buy something else, you can select it from our list or if you have the address of the token you can enter it in the textbox above.
Not all tokens are listed in the Token List. To find the address of a more obscure token, you should visit their official website and look for their "Contract Address". It always starts with 0x. You can paste it into the Bogged site to trade it.
Now we want to enter how much of the token we wish to buy.
When you enter the amount you of BNB you wish to sell for the token, it'll automatically show you how much of the other token you'll get.
The "To" amount doesn't factor in any token fees. These are fees added by token creators. Most large tokens have low or no fees, some smaller more obscure tokens can have fees up to 20%.
Now press "Swap", if you're happy with the trade.
Congratulations, you'll recieve your tokens in just a few seconds!
You'll see your tokens in BogSwap, but to see your balance in metamask you'll need to add the token to your Metamask wallet.
At the bottom of the page you should see a little yellow link saying "Chart" for the token that you just bought, click that link.
Once you open that link, you'll see a chart for the token. For more information on BogCharts, visit the charts page.
Look for the Metamask+ Icon in the top right, and click it.
Then press "Add Token" on the Metamask popup.
You'll now be able to see your tokens whenever you open Metamask.
