Introduction to Axiom
The Axiom platform is an innovative cryptocurrency trading platform that combines cutting-edge analytics and high-speed execution, thus creating a hybrid web experience. Axiom is designed to be a helper on your way through the world of crypto trading. It gives you a user-friendly interface for one-click buying and selling which helps you to compete and make sound decisions in fast-moving markets. The platform also integrates wallet tracking and Twitter monitoring, making it a powerful tool for both novice and professional traders.
Quick Video Guide
Should you prefer a quick video guide, you can see this tutorial in order to start trading with Axiom:
Signing Up on Axiom
To start managing your Axiom account, do as the following prompts suggest:
- Access the Platform:
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- Choose a Sign-Up Method: You can register using your Phantom wallet, email, or Google account. If you choose email or Google, Axiom will create a recovery phrase for your account, this can be found later under ‘Account and Security’.
- Secure Your Private Key: Revealing your Axiom wallet’s private key and saving it to a secure location is of the considerable importance. You can either do it immediately or access it later through ‘Account and Security’.
Depositing Funds
After you have registered, you will need to add funds to your Axiom trading account:
- When you connected via Phantom, just press the new wallet button on the screen and the connection with the existing wallet will be automatic.
- By Email or Google Account: Click Deposit, the blue button, to see the wallet address. You can deposit SOL directly through an exchange like Bybit or vice versa by Axiom’s ‘Buy’ feature.
Buying and Selling Tokens
On the network of Solana, Axiom helps token trading to be done in a simpler manner:
- Discover Tokens: Click either ‘Discover’ or ‘Pulse’ items for the Solana pairs you are interested in to know the market performance of the tokens.
- Quick Purchase: You can do so by just clicking on the link of the currency you want to buy, entering the amount of the currency, and clicking the one-click button to execute your purchase a procedure that will take a few minutes.
- Selling Tokens: Selling : first, you need to pick out the token from your portfolio, and then specify the amount and confirm the sale.
Trading Perpetuals on Hyperliquid
Listed in the Axiom with the Hyperliquid for users to leverage trade the perpetual contracts are equal.
- Access Perpetuals: Above the navigation bar, point the cursor over the ‘Perpetuals’ and then click.
- Deposit Funds: Generally, one can get USDC by converting SOL to USDC and then deposit it to the Hyperliquid account.
- Execute Trades: From the list of supported assets, such as a range that includes, but is not limited to, Solana, Bitcoin, or Ethereum and including your leverage choose the one you are interested in and execute the trade at the desired time. Only start if you are well aware of what the risks of leveraged trading are
Additional Features of Axiom
Axiom provides several instruments to boost your trading adventures, they are:
- Wallet Tracking: Directly observe your assets and their corresponding transactions by watching wallets in different positions.
- Twitter Tracker: Track the market in real-time using Twitter, which is a source of direct updated market sentiment that can be integrated with the platform.
- Limit Orders: The market function that allows you to define and fix price levels, at which time you either buy or sell, thereby building automatic trading systems is named limit orders.
- Yield: Use the platform to lock out your USDC or Solana which will produce the percentage return over time, and consequently, you will acquire a passive income.
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Security Measures
One of the things that should come responsibly while trading digital currencies is to ensure security:
- Two-Factor Authentication (2FA): Just set up two-factor authentication at your e-mails, set another lock to your online account for safety purposes hence having double protection.
- Secure Storage: Storing your passcodes and the written down recovery sentences in a safe place that you only known location preferentially offline is a safeguard.
- Official Channels: One of the recommendations is to always use official connections and resources.
Frequently Asked Questions (FAQs)
What is Axiom?
The Axiom trading platform and the Hyperliquid protocol are the first elements of Axiom. These elements are high-speed, wallet tracking, and perpetual trading with leverage.
How do I sign up for Axiom?
You can sign up using your Phantom wallet, email, or Google account. In the case of email or Google, Axiom will produce a new recovery phrase for your account.
Is Axiom free to use?
Yes, Axiom is a decentralized finance app that helps users engage with a plethora of DeFi apps for free. Still, users will have to pay standard blockchain transaction fees when trading or withdrawing funds.
How do I deposit funds into Axiom?
- If you have Phantom Wallet, your wallet is already connected.
- As for Email/Google, click on ‘Deposit’ and look for your Axiom wallet address. Afterwards, send SOL from an exchange or other wallet to the Axiom wallet address.
Can I trade perpetual contracts on Axiom?
Yes, a perpetual futures contract denominated in Hyperliquid tokens will be available so that a user can trade with leverage up to 35 times the order of value.
What assets can I trade on Axiom?
Axiom provides a token-to-token trading platform for Solana doing spot trading and also perpetual contracts for assets as Solana, Bitcoin, and Ethereum.
How does Axiom ensure security?
- Private Key Control: Customers will have full control over their private keys.
- 2FA Support: For the sake of high security, enter two-factor authentication for account access.
- Official Access Only: Always take official links since they can not be affected by phishing attempts.
Does Axiom offer limit orders?
Yes, Axiom does have a limit orders feature, and this feature lets the traders set the buy or sell rates that would be executed automatically. This is a built-in feature that allows traders to introduce other strategies.
Can I track multiple wallets with Axiom?
Yes, Axiom offers a wallet tracking system that allows users to monitor multiple addresses for real-time portfolio insights.
Conclusion
Therefore, Axiom establishes itself as completely versatile and user-friendly while using this platform to trade both on the Solana network and to engage in Hyperliquid s perpetual contracts. With its mix of advanced features and an easy-to-use design, Axiom can be utilized by both the novice and the experienced trader, thus, ensuring a complete and safe trading experience.
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