RabbitX Exchange is a decentralized perpetual futures trading platform that combines the speed and liquidity of centralized exchanges with the transparency and security of decentralized finance (DeFi). Built on Starknet, a Layer-2 scaling solution for Ethereum, RabbitX offers traders the ability to trade perpetual contracts with leverage, all while maintaining full control over their funds.
Unlike traditional exchanges, RabbitX operates with a non-custodial model, meaning users retain ownership of their assets at all times. The platform utilizes a hybrid order book system, where orders are matched off-chain but settled on-chain, ensuring fast execution and reducing latency.
Thanks to Starknet's zk-rollup technology, RabbitX enables gas-free trading. This means users can execute trades without incurring transaction fees, making it cost-effective for frequent traders.
RabbitX offers leverage of up to 20x, allowing traders to amplify their positions and potential returns. This feature is particularly appealing to experienced traders seeking to maximize their strategies.
The platform provides deep liquidity across various trading pairs, ensuring tight spreads and minimal slippage, which is crucial for executing large orders efficiently.
As a decentralized platform, RabbitX ensures that users' funds remain in their wallets, reducing the risks associated with centralized exchanges. All trades are settled on-chain, providing transparency and security.
RabbitX supports trading of various assets, including major cryptocurrencies like BTC, ETH, and USDT, with plans to expand to other markets in the future.
To interact with RabbitX, you'll need a wallet that supports Starknet. Compatible wallets include:
Visit the official RabbitX website at https://rabbitx.io. Click on the "Connect Wallet" button and select your wallet. Follow the prompts to establish the connection.
After connecting your wallet, deposit assets into your RabbitX account. Supported assets include ETH, USDT, and other ERC-20 tokens. Ensure you have sufficient funds to cover margin requirements and potential fees.
Select the trading pair you wish to trade. RabbitX offers a variety of pairs, such as BTC/USDT, ETH/USDT, and others. Analyze the market conditions and choose the pair that aligns with your trading strategy.
Decide on the type of order you wish to place:
Enter the amount, set your leverage (up to 20x), and submit your order. Monitor your position through the RabbitX dashboard.
Yes, RabbitX is built on Starknet, leveraging Ethereum's security. The platform is non-custodial, and all trades occur on-chain through audited smart contracts. Users maintain control of their funds at all times.
RabbitX offers leverage of up to 20x, allowing traders to amplify their positions. However, it's important to use leverage cautiously, as it can also increase potential losses.
RabbitX utilizes Starknet's zk-rollup technology, enabling gas-free trading. This means users can execute trades without incurring transaction fees, making it cost-effective for frequent traders.
RabbitX supports trading of various assets, including major cryptocurrencies like BTC, ETH, and USDT, with plans to expand to other markets in the future.
RabbitX plans to implement a community-driven governance model. Token holders will be able to vote on protocol upgrades and changes. Stay updated by following RabbitX's official channels for announcements.
While RabbitX offers advanced trading features, beginners can also benefit from the platform's user-friendly interface and educational resources. It's recommended to start with small positions and gradually increase exposure as you become more familiar with the platform.
RabbitX Exchange represents the next evolution in decentralized perpetual futures trading. By combining the speed and liquidity of centralized platforms with the transparency and security of DeFi, RabbitX offers traders a powerful tool for navigating the crypto markets. Whether you're a seasoned trader or just starting out, RabbitX provides the infrastructure and features needed to execute your strategies effectively.
For more information and to start trading, visit https://rabbitx.io.