Introduction to the Davensi Exchange
The Davensi Exchange is a spot crypto-asset exchange built in-house by the Davensi team. Users are able to buy and sell crypto-assets amongst the 1000+ available assets on Davensi. This feature is available to all verified customers directly from their Davensi account, and is part of the self-managed features.
The minimum transaction amount is $10, and you can only buy using USDC. To deposit capital in your Exchange account, click on the "Deposit/Transfer" button. Use the pop up window to transfer capital into your Exchange account.
Let's have a look at the Davensi Exchange feature, shall we? Once on the tab, you will be able to see this 👇
The wallet allocation shows you what is included inside your Exchange wallet. It displays a detailed list of your wallet, and the percentage allocation per crypto-asset. It also shows the evolution of your Exchange equity curve on the right. You can flip through 1W (one week), 1M (one month), 6M (six months), YTD (year to date) and ALL.
Next step : Look at the Spot Trading tab!
So, how to buy or sell crypto using the Davensi Exchange :
There are a couple of important things here :
Pair selection (ex. BTC/USDC, ETH/USDC) : The Pair Selection is where you can browse through and select the cryptoasset you wish to buy or sell. Click on the ᐯ above the Buy / Sell button. You can then search or type in the pair.
Side (ex. Buy or Sell) : Depending on what you want to do, select either "Buy" or "Sell"
Amount (ex. $1234.56) : These two work together, and here is why. When you want to buy some BTC, you can either want to buy for $1,000 worth of BTC or you can chose to buy 0.01206 BTC (which is equivalent to $1,000 at the time of writing).
Coins (ex. USDC or other pair) : By keeping the "USDC" selected, you are buying for $1,000 worth of BTC. If you select the "BTC", you will have to type in the amount of BTC you wish to purchase. The process is the same when you are on the "Sell" section.
Slider (ex. 25%, 50%, 75%, 100%) : The slider allows you to specify the percentage amount from your available capital you wish to use to purchase or sell the asset.
Once your Buy or Sell order is ready, click on the confirmation button below the slider.
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