This article was first published on Centrality - Medium
CENNZX is a decentralised spot exchange for generic assets on CENNZnet. It’s built on the CENNZnet blockchain meaning all transactions are signed by CENNZnet accounts and permanently recorded on-chain. This provides CENNZnet users with a fast, secure and transparent exchange experience. CENNZX can be accessed from here.
You can use CENNX in 2 ways:
- As a liquidity provider.
- As a currency exchange user.
In this article, we will explain how to use the CENNZX UI (User Interface).
For an in-depth explanation of how CENNZX works, please refer to the CENNZX guide.
CENNZnet browser extension
To use CENNZX, you will need to install the CENNZnet browser extension. This is because all CENNZX transactions need to be signed by CENNZnet accounts, and this extension provides a secure way to do so.
Please refer to our CENNZnet browser extension user guide to set up and connect the CENNZnet extension.
Once you have successfully connected to the CENNZnet browser extension, you should see your accounts available both in the CENNZnet browser extension and in the “Choose account” drop-down (as shown in the image below).
To buy a currency,
- Choose your account
- Select the currency you’d like to buy by clicking on the button at the right of the Buy dropdown.
- Input the amount you’d like to buy
The estimated price will be shown in the With dropdown.
When you press exchange, you will be prompted to confirm the exchange and sign the transaction using the CENNZnet browser extension. Once you sign the transaction, the exchange request will go on the blockchain, and you will be notified by a popup window on CENNZX once it’s completed....
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Centrality - Medium