Quenta
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  • Overview
  • Tokenomics
    • QUTA Token
    • Rewards
  • Getting Started
    • What do I need to trade on Quenta?
    • How to Trade on Quenta?
    • OneClickTrade (Coming soon)
    • How to Provide Liquidity?
    • How to Stake?
  • Trade
    • Introduction
    • Specifications
    • Fees
    • Order Types
    • Margining
    • Force Close
  • Portfolio
    • Overview
    • VIP Level
  • Token
    • Pool
    • Staking
  • Referrals
  • Stats
    • Leaderboard
    • Data Overview
  • QUENTA OG PASS
  • Risk
  • Contact
  • Media Kit
  • Terms Of Use
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On this page
  • 1. Login
  • 2. Fund Preparation
  • 3. Deposit
  1. Getting Started

What do I need to trade on Quenta?

PreviousGetting StartedNextHow to Trade on Quenta?

Last updated 1 year ago

1. Login

You can log in to trade on Quenta by conventional WEB3 wallets.

WEB3 Wallets Supported by Quenta:

  • MetaMask Wallet

  • OKX Wallet

(If you haven't installed the above wallets, you can download MetaMask👉https://metamask.io/ or OKX Wallet👉 https://www.okx.com/ in your browser to create a new wallet)

Note: Your wallet has a secret recovery phrase. Anyone who knows your password or recovery phrase can access your funds. Do not share your private keys with anyone. It is best practice to record your recovery phrase and store it in a secure physical location.

2. Fund Preparation

Before trading on Quenta, you need to prepare $IOTX and $ioUSDT or io$USDC on the IoTeX chain.

$IOTX is used for gas fees; stablecoins $ioUSDT or $ioUSDC are used for exchanging $USDQ (Exchange USD) for perpetual contract trading, liquidity purchase, and staking.

How to Get $IOTX?

  1. Connect Your Wallet: Visit Quenta Exchange website and click on the "Connect Wallet" button.

  1. Obtain Your IoTex Address: Once your wallet is successfully connected, click on the wallet icon at the top right of the Quenta website homepage. You will be able to view your IoTex mainnet address, which starts with "io".

  1. Purchase IOTX: Purchase IOTX on a centralized exchange such as Binance or Gate.

  2. Withdraw from IoTex Mainnet: Withdraw the IOTX you purchased on CEX to your IoTex mainnet address obtained from Quenta.

How to Get $ioUSDT/$ioUSDC?

Ensure that you have successfully transferred IOTX into your wallet.

Visit https://mimo.exchange/swap to swap IOTX for ioUSDT/ioUSDC.

Note: A certain amount of IOTX will be deducted as Gas during the swap process.

3. Deposit

After successfully connecting your wallet, send the native $ioUSDT or $ioUSDC to your wallet address via the IoTeX network. This transaction requires payment of gas fees in $IOTX. Confirm the transaction in your EVM wallet.