How to Trade our First Topic #BitcoinETF
Trading on Topic.Market is straightforward. Here’s a simple guide on how to trade the first topic #BitcoinETF:
Step 1: Switch to Base Chain
Topic.Market is on the Base Chain, so you need to connect to the Base network. The website will automatically switch to Base network when you start trading. If it doesn’t do so, here are the network configuration and bridging details:
https://docs.base.org/network-information
https://bridge.base.org/deposit
Step 2: Go to the #BitcoinETF Trading Page
Click this link https://www.topic.market/topic/?topic=BitcoinETF to go to the trading page.
This page provides basic information about #BitcoinETF. On the right side of the page, you’ll find the trading interface, which is very similar to AMM trading.
Simply enter the amount of ETH you wish to buy, and you’ll receive the corresponding amount of the Topic “Power”.
Step 3: Pay Attention to the Fee in the First 30 Min
In order to prevent bots from buying at the cheapest price and the earliest time. We’ve implemented an anti-bot mechanism — our buying fee starts at 65% (burned) and gradually decreases during the first 30 minutes.
You may want to wait until the fee reaches a point you are comfortable with before start buying.
That’s it for the trading process! For more detailed information on our trading mechanisms, please refer to this document https://docs.topic.market/topic.market-docs/welcome/trading-process
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