FAQ

Listed below are many commonly asked questions

What is a decentralized exchange (DEX)?

A decentralized exchange (DEX) is a platform to facilitate peer-to-peer trading of cryptocurrencies and digital assets without the need for a centralized intermediary.

How is a DEX different from a centralized exchange (CEX)?

Unlike centralized exchanges, which store user funds and require users to trust the platform, DEXs allow users to maintain control over their assets and offer enhanced security and privacy.

What are stablecoins and why are they important for trading?

Stablecoins are cryptocurrencies designed to maintain a stable value, while there are different types of stablecoins, the most reliable types are pegged to a fiat currency or commodity. They are essential for minimizing price volatility and enabling efficient trading in the crypto ecosystem.

How are my funds secured on the platform?

The Stabull platform utilizes smart contract-based security and encryption to ensure the safety of your assets. You maintain control over your funds by connecting your personal cryptocurrency wallet to the Stabull DEX. Stabull never takes custody of your funds. Yep, you heard that right. We use smart contracts associated with your wallet that hold the funds for your trades, and you can close your orders at any time to keep total control of your funds. The escrow accounts can only execute the transactions based on the parameters that you defined for your order. *modify in accordance with code*

Are there any fees associated with trading on the platform?

Yes, there are minimal transaction fees for trading on our platform. However, these fees are significantly lower compared to traditional exchanges and other DEXs.

Stabull uses a dynamic fees approach where the fee will adjust according to various parameters.

Can I trade on the platform 24/7?

Yes, our DEX operates 24/7,

What pairs do you support?

Cables currently support NZDS/USDT, DCHF/USDT, GYEN/USDT, XSGD/USDT, XIDR/USDT, with many more pairs coming soon.

Which wallets are supported by Stabull?

Stabull supports a wide variety of wallets through Wallet Connect and has direct integration with Metamask.

What blockchains are you on?

Currently, we’re live on …. With more in the roadmap.

Where can I view the Smart Contract Audit?

You can directly view the smart contract audit here.