Welcome to Stage 1 of the Rox Chain Incentivized Testnet! This guide will help you start trading on RoseonX, an AI-powered Perpetual DEX running on Rox Chain – The First Layer 3 Chain Built for On-Chain AI Inference.
Getting Started with Rox Chain Testnet
Welcome to Stage 1 of the Rox Chain Incentivized Testnet! This guide will help you start trading on RoseonX, an AI-powered Perpetual DEX running on Rox Chain – The First Layer 3 Chain Built for On-Chain AI Inference.
Available Trading Pairs
For the testnet phase, you can trade the following pairs:
– BTC/USD
– ETH/USD
– BNB/USD
– ARB/USD
Setup Account
To participate in Rox Chain Testnet, users need to connect your supported wallet to RoseonX on Rox Chain Testnet.
Two types of testnet tokens will be distributed to participants:
– Testnet USDC: Used as collateral for trading
– Testnet ROSX: Used for gas fees
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. Click “Approve USDC” to approve USDC amount you want to spend.
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: Select what you want to edit by ticking the checkboxes:
– Tick “Stop Loss” to edit Stop Loss
– Tick “Take Profit” to edit Take Profit
– Tick both to edit both SL and TP
Step 3: Enter the close quantity amount.
Step 4: Enter the price for your selected option(s).
Step 5: Click “Submit”.
Add Trailing Stop
Step 1: Click the pen symbol and select the “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”.
Rox Chain Testnet Test Cases
The following test cases should be performed during your participation in Stage 1. Users are also encouraged to explore the platform freely.
Test Case 1
Set multiple SL/TP for a position and wait for your SL/TP to be hit.
Test Case 2
Close your position partially until you fully close your position.
Test Case 3
Set leverage at 50x then close your position, or wait to be liquidated.
Test Case 4
Cancel a pending order (Close order).
Test Case 5
Add Trailing Stop by percent or amount.
Bug Report
Please report any bugs you encounter via this form.
About Roseon
Roseon brings crypto adoption through user experience and gamification. Roseon currently has three products: RoseonX, an AI Powered Exchange with Modular Architecture, RoseonApp, a mobile one-stop crypto trading, earning & data labeling app, and RoseonAI Bot, a Telegram AI chat assistant and trading bot that interacts with users to provide trading analysis, crypto investment research and execute trades on demand.
Experience the difference with our intuitive, user-friendly interfaces and gamified features that make exploring the crypto world both fun and rewarding.
Learn more about us: Website | Twitter | Whitepaper | Telegram
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