FAQ
How does Storm Trade work?
Storm Trade is a decentralized exchange built on the TON blockchain that allows users to trade with leverage up to 50x. It operates through both a web app and a Telegram bot, enabling users to trade crypto directly from the messaging platform. The Storm Trade platform uses TON as collateral and features isolated margin trading, gamification elements, and an upcoming STORM token for staking rewards and ecosystem utilities, while it also plans to add more trade pairs, as well as fiat currencies, stocks, commodities, and other assets.
Is Storm Trade a secure platform?
Storm Trade emphasizes security through full decentralization and advanced security protocols to protect users' funds. As a decentralized exchange, it allows users to trade in a self-custodial manner without the need for KYC checks. The Storm Trade platform is backed by reputable investors and partners, including TON Ventures and Tonstarter, which adds to its credibility and security stance.
How to use Storm Trade?
To use Storm Trade, users can simply open Telegram, create and connect a TON wallet, and start trading with just a few clicks. Alternatively, traders can access the platform through the Storm Trade web app. The Storm Trade platform offers a user-friendly interface with familiar trading features, including TradingView charts, making it accessible for both novice and experienced traders.
What services does Storm Trade offer?
The Storm Trade platform offers leveraged trading on a wide range of cryptocurrencies assets and also plan to add stocks, currencies, and commodities. It provides high-yield liquidity provision through single-token liquidity pools, where users can earn up to 70% of the protocol's fees. Additionally, the Storm Trade tool incorporates social-fi mechanics such as trading tournaments, NFT collections, and copytrading features to enhance community engagement and user experience.
