Dear community and new users, within this post we will cover some of the basics behind how to use our new and clean platform with unique features. Every token on our platform is paired with BTC, ETH, NEXT, USD, EUR and soon GBP, RUB, YEN, TRY! That's right, our platform supports direct trading between fiat currencies and altcoins.

Homepage.

Let's get started and explore some of our features and learn how to use NEXT.

Registration Process.

Registration page

Our exchange offers users the ability to register with the use of Facebook. We urge users to make sure their Facebook accounts are as secure as possible. Check here for tips on that. When making a manual registration, please be aware that you create a strong and unique password. Once you click the Register button, you will receive an e-mail to activate your account and log-in for your very first time.

Members area

Welcome! You are now registered and part of the NEXT community! Please join us in our Telegram chat or channel to stay up to date with news or share opinions. We’re constantly listening to our users so we can create an exchange aligned with the desires of everyone.

Note: our first referral program has ended at this point. A new program will continue and details about the program will be given on our site and social media profiles.

Two-factor Authentication

After setting up your account with a strong and unique password, make sure you enable two-factor authentication. On the home screen, you landed on after the log-in, you will see the following box.

Click Setup now.

Choose the application you prefer, download it from the app store (iOS) or play- store (Android) and follow the steps.

Scan the code.

Enter the 6-digit code your app is showing you and click Submit.

Good!

Your account is secure now.

Your first deposit.

Before you can trade, a positive fund balance is needed on the platform. Navigate to the wallet page through the navigation bar at the top of the page. Click on the Exchange button, a drop-down menu will appear, click on the Wallet button.

The following page will open.

Wallet page.

Every user has his own individual Blockchain wallet. Our platform does not have one massive wallet for a specific asset class. This means that every address is unique to your profile only, massively improving security.

Every token which is built on another Blockchain will have the same address as its master chain. For example, every token built on the Ethereum Blockchain is an ERC-20 token and will fall under the same wallet address on our platform.

Second example, every token built on the NEM chain will have the same address as XEM.

At this point, NEXT is an ERC20-token launched on the Ethereum Blockchain. In the near future, we will launch our own NEXT.chain with our own unique addresses. For now, a deposit of NEXT tokens (for example from IDEX) will be possible by sending them to the ETH address on your wallet page.

NOTICE:

NEXT.exchange is not charging any fees at this point (since we are in beta). The fee you pay is based on the master chain of the token you want to trade. Trading any ERC20-token, including NEXT, will require ETH for covering Blockchain transaction fees. This is exactly like IDEX or any other decentralized exchange. Trading LYL for example, you will need XEM to cover Blockchain transaction fees.

To withdraw a token, click the downward pointing arrow (highlighted in light teal).

Enter a valid address and the amount you wish to withdraw. You will receive a confirmation e-mail before the withdrawal is processed. Clicking the withdrawal confirmation link within the email will be the final step towards processing your withdrawal. Please double check to make sure that the address to which you are issuing the withdrawal is correct. We cannot reverse withdrawals or prevent them once the process has been initiated.

Transactions.

Transaction page.

The transaction page will show all your deposits, withdrawals, and trades. Your transactions will be timestamped and a transaction ID + link to a relevant block explorer will be provided.

Markets.

Market page.

Use the top right button (currently set BTC) to toggle between currency pairings (ETH, BTC, NEXT, USD, EUR + RUB, GBP, TRY, YEN coming soon).

Tip: searching for a token will give quick access to the order book you wish to see.

Additionally, on the markets page, you can place a Sell or Buy order without accessing the Orderbook page. Simply click on either the Sell or Buy buttons.

Orderbook.

This is where the trading happens.

The order book indicates orders placed from your account in bold.

You can take an order or edit yours by clicking the icon to the right when hovering over it an order.

Here you can agree to take the order by clicking Buy NEXT or edit it by Clicking Edit Order.

Success! You have made your first trade.

Now, let’s try to place our own order.

Use the fields presented within the orderbook panel Amount and Price to specify order details. The Total field, will be populated automatically.

After you click Buy NEXT, you will be asked to confirm your order. Make sure you trade with awareness and only buy or sell at the price you feel comfortable with.

Success.

Our order is now to be found in the books. Let’s wait and see if someone is willing to sell NEXT for the amount of ETH that we are willing to pay for it.

Note: Only the maker of an order has to pay for the fees of a transaction. So to make a NEXT order, you need to have an ETH balance (minimum of 0.01 ETH).

Note 2: Our platform does not allow users to buy their own orders.

At the bottom of the page, we can find our orders which aren’t fully filled yet.

Click Remove Order to cancel.

In case of a successful trade, we see our trading history at the bottom of the orderbook page.

Use the toggle at the top right of this window to see Sell or Buy orders.

That’s it for now!

Thank you for using NEXT.exchange!