1. What is 1-Click Trading?
1-Click Trading is a feature that enables traders to place orders instantly with a single click, without going through additional confirmation steps. Once activated, every click on the buy or sell button executes an order immediately at the current market price.
Why is 1-Click Trading Useful?
Speed: Trades are executed instantly, which is crucial in volatile markets where prices change rapidly.
Convenience: You don’t need to confirm each order, making the trading process smoother.
Better Market Opportunities: Quick execution helps traders take advantage of price movements without delay.
This feature is especially useful for scalpers and day traders who need to make frequent and quick trades to capitalize on small price movements.
2. How to Enable 1-Click Trading on EVEDEX
Before using 1-Click Trading, you need to activate it in your account settings. Here’s how:
Step 1: Log Into Your EVEDEX Account
Go to EVEDEX and connect your wallet.
Navigate to the trading interface where buy and sell orders are placed.
Step 2: Enable 1-Click Trading
In the trading settings, look for the 1-Click Trading option.
Toggle the switch to activate the feature.
A warning message may appear explaining that trades will be executed immediately without confirmation. Read and accept the terms.
Step 3: Set Up Trade Preferences
Once enabled, configure your trade settings:
Default order size – Set how much cryptocurrency you want to buy or sell per click.
Order type – Choose whether you want to use market orders (instant execution) or limit orders (pre-set price).
After completing these steps, your 1-Click Trading is activated. Every time you click the buy or sell button, the trade will execute instantly at the best available price.
3. How to Use 1-Click Trading on EVEDEX
Once activated, using 1-Click Trading is simple:
Choose your trading pair – Select the cryptocurrency you want to trade (e.g., ETH/USDT).
Select Buy or Sell – Click the respective button to execute an order instantly.
Monitor the trade execution – The order will be processed immediately, and the transaction will be recorded in your trading history.
Because the order executes immediately, you won’t see a confirmation screen before the trade is placed.
4. Risks and Precautions When Using 1-Click Trading
While 1-Click Trading is efficient, it also comes with certain risks. Since trades happen instantly, there is no option to cancel or modify an order once it has been placed.
How to Avoid Mistakes When Using 1-Click Trading
Set trade limits – Configure a default trade amount to prevent placing trades that are too large.
Check market conditions – Make sure you understand the current market price before clicking buy or sell.
Disable when not in use – If you’re done trading, consider turning off 1-Click Trading to avoid accidental orders.
Use Stop-Loss orders – If you're making quick trades, setting stop-losses can help manage risks if the market moves against you.
5. When to Use 1-Click Trading
This feature is best for traders who need quick order execution and don’t want to go through the confirmation process every time.
Ideal Situations for 1-Click Trading:
Scalping and Day Trading: If you’re making multiple trades in a short period, 1-Click Trading can save time.
High Volatility Markets: In fast-moving markets, prices can change within seconds. Quick execution ensures you don’t miss opportunities.
Short-Term Trading Strategies: If you need to enter or exit positions quickly, 1-Click Trading eliminates unnecessary delays.
However, for long-term investors who don’t trade frequently, this feature might not be necessary.
6. How to Disable 1-Click Trading
If you no longer need 1-Click Trading, you can disable it in the settings.
Go to the trading interface on EVEDEX.
Find the 1-Click Trading toggle in the settings.
Switch it off to restore the trade confirmation step.
Once disabled, every trade will require manual confirmation before being executed.