What you need
- AUDT or ETH or both, depending on what you would like to do, buy, sell or provide liquidity.
- Metamask or another supported Ethereum wallet application.
- Supported Browser (Chrome, Firefox, etc.)
Buy AUDT
Visit uniswap.org in your browser and click launch App.
Click ‘Connect to a wallet’ in the upper right side of the window, choose your preferred wallet application (We use Metamask in this example) and confirm the operation displayed
After successfully connecting your wallet with Uniswap, you can choose which two ERC-20 token, or ETH you want to swap.
To buy AUDT, you must first search for it by pasting the AUDT token contract address in the search field:
0xd7e0f80fb28233bdde0006c50568606a8feb964c
Search for AUDT using its contract address: 0xd7e0f80fb28233bdde0006c50568606a8feb964c
When done successfully, AUDT will show up in the ‘To’ field.
Choose how much ETH you want to exchange for AUDT and click Swap
Confirm the Swap and a smart contract will automatically exchange your ETH for the respective amount of AUDT. The same can be done between any other token where Uniswap automatically routes the swap through multiple smart contracts.
You can exchange any other ERC-20 for AUDT, too.
Provide liquidity for AUDT markets
Uniswap allows anyone to provide liquidity for any markets by granting token to so-called pools. Such liquidity providers can accumulate trading fees.
The following describes how to provide liquidity to the AUDT/ETH market.
Start by connecting your Wallet to Uniswap as described in the previous part of this guide ⬆️⬆️⬆️
Then click Pool and Add Liquidity
Now choose for which market you want to provide liquidity, in our case it’s the AUDT-ETH market.
To choose AUDT, paste the token contract address in the search field:
0xd7e0f80fb28233bdde0006c50568606a8feb964c
Choose how much token you want to lock to act as liquidity, click Supply and confirm.
Note: You always need the same amount of token worth on both sides, e.g $100 in AUDT and $100 in ETH.
Chrono.tech is building a comprehensive ecosystem for HR and finance, helping reduce or eliminate the barriers to recruitment and payment processes for both workers and employers.
Join our Chat: t.me/chronotech