This is a simple guide on how to get started on RoseonX. The available trading pairs on RoseonX Beta Mainnet are as follows:
- Spot Trading Pairs: $ROSX/USD, $NAKA/USD, $WINR/USD, $MYRIA/USD, $SQR/USD and $XAI/USD
- Perpetual Trading Pairs: $BTC/USD, $ETH/USD, $ARB/USD, $BNB/USD, $MATIC/USD, $XRP/USD, $SOL/USD, $LINK/USD, $OP/USD, $CYBER/USD, $MEME/USD, $DYDX/USD, $LQTY/USD, $ORDI/USD, $1000SATS/USD, $XAI/USD and $MANTA/USD
Set up Account
Users can set up their account on RoseonX by connecting a supported wallet.
RoseonX is now live on Arbitrum and Polygon zkEVM, so make sure to switch to the chain you want to trade on.
Collateral is in USDC.e (Arbitrum) for trading on Arbitrum, and USDC.e (Polygon zkEVM) for trading on Polygon zkEVM.
Open a Position
Step 1: Choose the direction of the leverage position you would like to open: Long/Short.
Step 2: Select an order type. RoseonX offers 4 types of order:
- Market: Order will be executed to buy or sell at the best available price
- Stop Market: A market order will be activated when price reaches the stop price
- Limit: Order will fill at a set price or better
- Stop Limit: Order combines a stop trigger and a limit order. A limit order will be activated when price reaches the stop price
Step 3: Enter collateral amount and select leverage size.
Step 4: Click “Long” (if you open a long position) or “Short” (if you open a short position).
Edit Collateral
Step 1: Click the pen symbol and select the “Edit Collateral” option, then a pop-up window will show up, allowing you to either add or remove from your position’s current collateral.
*Note: Keep in mind that when editing collateral, leverage will change.
Step 2: Choose “Deposit/Withdraw” and enter an amount.
Step 3: Click “Submit”.
Add to Position
Step 1: Click the pen symbol and select the “Add to Position” option, then a pop-up window will show up, allowing you to add to your current position size.
*Note: Keep in mind that when adding to position, leverage will stay the same.
Step 2: Enter an amount .
Step 3: Click “Add”.
Edit Stop Loss (SL) or Take Profit (TP)
Step 1: Click the pen symbol and select the “”Edit SL/TP”” option, then a pop-up window will show up, allowing you to edit SL/TP.
Step 2: Enter an amount.
Step 3: Click “Submit”.
Add Trailing Stop
Step 1: Click the pen symbol and select “Add Trailing Stop”, then a pop-up window will show up, allowing you to add trailing stop
Step 2: Enter Close Qty or choose Close percent
Step 3: Choose to set trailing stop by “Percent” or “Amount”
Step 4: Enter an amount in “Trailing Percent” or “Trailing Amount” box
Step 5: Click “Add”
Close a Position
Step 1: Select the “Close” option by clicking the bin symbol.
Step 2: Partially or fully close a position by entering “Close Qty” or choosing “Close percent”.
Step 3: Click “Close”.
X Daily
Step 1: Click “Check-in” for X Daily to pop up.
Step 2: Answer quiz/play games
Step 3: Verify to receive rewards by filling out your email address. If you are RoseonApp user, please make sure you fill out your registered email on RoseonApp to sync your Rose points.
Step 4: Click “Get Code” and fill out the code sent to your email box
Step 5: Click “Submit”
X Challenges
Step 1: Navigate to the “X Challenges” box at the bottom of the right corner.
Step 2: Click to view challenges.
Step 3: Complete challenges and claim Rose points for $ROSP airdrop in the future (Rose points will be converted into $ROSP)
Risk Warning
Trading cryptocurrencies or other digital assets is a highly risky activity. Please be sure to do your own research and be aware of the associated risks.
RoseonX Mainnet FAQ
1. I cannot close position, it says "Close Failed execution reverted: Vault: Max leverage exceeded"
This means you are using our max leverage which is 50x. If you close partially, this can change the leverage based on your position (loss or win) and make the leverage after closing higher than 50x, so you cannot close.
This is not a bug. This is to prevent the leverage exceed our max leverage.
2. I cannot open new position, it says "Max OI per asset/size exceeded"
OI means Open Interest. This is a limit liquidity that we allow to open a trade. It is to minimize the risk for the platform, and it is not a bug too.
3. What is cooldown for normal liquidity providers?
Normal liquidity providers will have 30 days cooldown every time they mint ROLP, which means they cannot redeem ROLP within 30 days.
4. What is X Challenges?
We have 8 challenges available in the DEX. It will automatically track your progress. If it it not updated, try to disconnect, reload page and connect again. Make sure you sign the message popup on MetaMask too.
5. The chart does not show correctly
If the chart does not show correctly, it means you either have cache or data is not filled up yet, try to switch to another time frame and switch back, it will automatically get the data again.
6. What to do to receive Rose points after complete a challenge or a quiz?
To receive points after you complete a challenge or a quiz, you need to link you email. It’s better to use Roseon account email to link with your old account.
7. What cryptocurrency is used for collateral on RoseonX?
Our collateral is USDC.e. Make sure you use the right one.
8. What is the requirement when vesting eROSX?
To vest eROSX (which mean convert eROSX to ROSX), you need to stake ROSX. For example, staking 100 ROSX give you a permission to vest 100 eROSX. Vesting eROSX does not generate rewards.
9. Does staking ROSX, eROSX or ROLP get revenue share?
Staking ROSX, eROSX, and ROLP will not generate USDC as reward at when we launch. After we started to get fee, USDC will be started to be distributed.
10. I opened/closed an order, but it doesn't show
If users open or close an order but it doesn’t show, please send us transaction hash.
About Roseon
Roseon brings crypto adoption through user experience and gamification. Roseon currently has two products: RoseonX, a gamified perp DEX and RoseonApp, a one-stop mobile crypto app. Roseon is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web. Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.
Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook
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