At Daxia, utilizing our Long and Short Tokens in your winning investment strategy is simple. In this article we’ll walk you through how to use our Dapp and explain how it all works. So head on over to dapp.daxia.us and follow along with the guide below.

Let’s say you want to short BTC using Daxia. Here’s what you would do:

Step 1: Log into your Metamask.

Step 2: You will then come to the Daxia Bulletin. Here you will see Long and Short Tokens for sale with information describing what it is.

Step 3: Locate an order in the bulletin that lists Short BTC/USD as the asset. In this example, 1000 Short BTC/USD tokens are listed for a price of 1 ETH and the start date 12/21/2018. If this is what you are looking for, then you just just click buy and confirm the transaction with Metamask.

Step 4: Once confirmed, your tokens will show up in your portfolio. Just click the Portfolio tab to see them listed there. Congrats! You are now Short BTC for 1 week!

Step 5: Once the week-long contract has expired, revisit your portfolio page and click the Cash out button at the bottom of the page.

This will now exchange your tokens back into Ether with a net gain or loss from the change in price of BTC that week. In our example, the price of BTC dropped 10%. So you made a 10% gain! Last week you purchased 1000 short BTC tokens for 1 ETH and today you cashed out 1.1 ETH.

Congratulations and happy trading!

Come make a trade on our dApp: dapp.daxia.us

For more on us, check out our website: www.daxia.us

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