⚡Fast Trading Mode (Upgraded from 1CT)

Overview

Fast Trading is an upgraded feature of KiloEx's existing One-Click Trading (1CT). After enabling Fast Trading, users no longer need to interact with their wallets for each transaction, simplifying the trading process and saving time on order placement.

Key features of Fast Trading

1. Zero Gas Tokens Required Once Fast Trading is enabled, you no longer need to pay Gas fees using the corresponding mainnet tokens. The Fast Trading wallet will automatically use collateral tokens (Quote tokens), such as USDT or USDC, to directly cover the Gas fees.

2. No Multiple Signature Authorizations When placing orders with Fast Trading enabled, you do not need to repeatedly sign and confirm transactions in their wallets. The Fast Trading wallet will execute transactions immediately, ensuring fast order placement.

3. Self-Custody Wallet The Fast Trading wallet does not require you to transfer your assets to a designated custodial wallet or pre-deposit any Gas fees. For each transaction, you will use your own wallet, keeping your assets under your control. If you no longer wish to use the Fast Trading wallet, you can revoke the authorization at any time to ensure the security of your wallet assets.

Note: When activating the Fast Trading wallet, existing users can withdraw any remaining Gas fees previously deposited in 1CT. Click on the top-right address -> Fast Trading -> Gas Withdrawal.

Gas Fee WIthdrawl

Account Activation Steps

New Users

1. Enter a 4-digit PIN and confirm the PIN.

1. Authorize the signature.

1. Activation successful

Existing Users

1. Authorize the signature.

2. Activation successful.

Fast Trading Technical Solution

For details on the Fast Trading technical solution, please refer to: https://medium.com/kiloex/derivatives-trading-platform-kiloex-backed-by-yzilabs-explores-fast-trading-747df07ea83b