Trading modes
Updated over a week ago

The WX Network cares about the safety of our users. Therefore there are two modes of token trading: Unverified mode and Verified Mode.

In Verified mode, users can only trade verified tokens marked as Gateway and DeFi. If a token does not have at least one of these statuses, then it is impossible to find it on the exchange while the Verified mode is enabled.

In Unverified mode, users can trade any tokens issued within the Waves blockchain. Most of these tokens are not verified and trading them can be fraught with certain risks, since no one can know the plans of the unverified token issuer and the purpose of its creation. To avoid losing funds while unverified tokens trading, we recommend studying the information about the token you are interested in and its issuer before using it.

The Verified Mode is activated on the WX Network by default. To switch from Verified mode to Unverified mode, you need to go to the Trading tab (Spot section) and switch the slider in the top right corner of the tab.

After that, you must carefully read all the information in the appeared window, and if you agree to take the risk by trading unverified tokens, type "Agree" and click on the "Confirm" button.

After Unverified mode activation, unverified tokens can be found on the exchange by name or token ID. Just enter the token name or token ID in the search bar to find a necessary token.

Note: If at least one of the tokens in a trading pair is unverified, then such a trading pair is marked with a yellow triangle with an exclamation mark. WX Network is not responsible for the unverified tokens, for their issuers, and for their values. By trading in a pair with an unverified token, you take all the risks on yourself.

If both tokens are verified in a pair, then such a trading pair is marked with a blue asterisk with a checkmark.

Feel free to contact us anytime if you still have any questions WX Network related. Just click on the "Support" icon at the lower right corner of the screen.

tags*: community verified mode suspicious

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