Home Wallet Functions

Wallet Functions

Kenneth
By Kenneth
3 articles

Quick Buy

Step 1: Log In to Your AFRIDAX Account - Navigate to https://exchange.afridax.com in your preferred web browser. - Enter your username and password to securely log in to your AFRIDAX Exchange account. - If you do not have an account, complete the registration process before proceeding with the transaction. Step 2: Select the Cryptocurrency You Wish to Purchase - Once logged in, go to the Quick Buy section. - Choose the cryptocurrency you wish to purchase from the available options. - The Quick Buy feature allows for a streamlined and efficient purchasing process. Step 3: Click the ‘Buy’ Option - After selecting your desired cryptocurrency, click on the Buy button. - This will open a pop-up window where you can enter the necessary details to complete the purchase. Step 4: Enter the Amount of Cryptocurrency to Purchase - In the pop-up window, enter the amount of the selected cryptocurrency you wish to buy. - You can specify the amount in your preferred currency or in the corresponding coin denomination. - The system will automatically calculate and display the equivalent amount based on the current market rate. Step 5: Confirm the Transaction - After entering the desired amount, carefully review the details of your order. - If everything is correct, click the Buy button to proceed with the transaction. - This will execute the purchase at the current market price and complete the trade. Step 6: Market Price Reminder - Please note that Quick Buy transactions are executed at the current market price, which can fluctuate depending on real-time market conditions. - The price you see when you confirm the transaction is the price you will pay, so make sure to review all details before finalizing the purchase. Final Consideration: - Double-check the amount and details before confirming your purchase. - Once the transaction is completed, the purchased cryptocurrency will be credited to your account balance. Need Assistance? If you encounter any issues or have questions regarding the deposit process, our support team is available to assist you. Please submit a support request via the platform, and we will promptly address your inquiries. You can view our status page here.

Last updated on Nov 14, 2024

Quick Sell

Step 1: Log In to Your AFRIDAX Account - Navigate to https://exchange.afridax.com in your preferred web browser. - Enter your username and password to securely log in to your AFRIDAX Exchange account. - If you do not have an account, complete the registration process before proceeding with your transaction. Step 2: Select the Cryptocurrency You Wish to Sell - Once logged in, go to the Quick Sell section, designed for fast and efficient transactions. - From the available options, choose the cryptocurrency you wish to sell. Step 3: Click the ‘Sell’ Button - After selecting your cryptocurrency, click on the Sell button. - This will open a pop-up window where you can input the details for completing your sale. Step 4: Enter the Amount of Cryptocurrency to Sell - In the pop-up window, enter the quantity of the selected cryptocurrency that you wish to sell. - Double-check the amount to ensure it is correct, as this will be the number of coins you are offering for sale. - The system will automatically calculate the equivalent amount in your selected currency, based on current market prices. Step 5: Confirm and Complete the Transaction - Once you’ve entered the amount, review the transaction details to ensure everything is accurate. - If all details look correct, click the Sell button to execute the transaction. - This will complete the sale of your cryptocurrency at the current market price. Important Reminder: - The transaction will occur at the current market price, which can fluctuate based on real-time market conditions. - Review the price and transaction details carefully before completing the sale to ensure you are comfortable with the terms. Need Assistance? If you encounter any issues or have questions regarding the deposit process, our support team is available to assist you. Please submit a support request via the platform, and we will promptly address your inquiries. You can view our status page here.

Last updated on Nov 14, 2024

Crypto Staking on AFRIDAX

What is staking (Earn) on AFRIDAX Exchange? By staking on AFRIDAX Exchange, you can earn rewards simply by holding specific cryptocurrencies in your AFRIDAX wallet. This method offers a passive way to generate extra income on your crypto holdings, with the potential for attractive returns at a competitive annual percentage rate (APR). Which cryptocurrencies can be staked on AFRIDAX Exchange? Currently, AFRIDAX Exchange supports staking for the following cryptocurrencies: - ETHEREUM (ETH) - TRON (TRX) - CARDANO (ADA) - SOLANA (SOL) Please note that the available staking options may change over time. See the current offering and APR values at https://afridax.com/staking How do I stake my cryptocurrencies? 1. Sign up and create an account on AFRIDAX if you haven’t already. 2. Complete the necessary verification process. 3. Click on Wallet on the menu bar at the top of the page. 4. Click on the Crypto you wish to stake. 5. Click on the EARN button.  If you do not have the balance, you can click on the Buy option and buy the crypto instantly. 6. Enter the amount and click on Submit. 7. The balance will be deducted from your account and staked instantly. Staking Rewards and History - The estimated APR (annual percentage rate) of crypto will be visible on the Staking screen. - The staking rewards are distributed daily and will be allocated to your AFRIDAX spot account. Unstaking of Crypto - You can instantly unstake your crypto at any time, as there is no lock-in period, return to the wallet, select the EARN button, and the simply clicking the "Unstake" button. - Once unstaked, the crypto will immediately appear in your wallet.

Last updated on Apr 09, 2025