Dex First Time Setup

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Once you have Drops in your account, you now have the ability to utilize all of our tools that run on Drops. One of the more popular is Dex, our automated trading platform. First, lets setup your Dex profile. To activate you first must deposit Drops into the Dex user portal.

Adding to Dex for the first time

Once you have added Drops to the Dex user portal, you can now deposit the Drops into Dex. To do so, visit the Performance page using the navigation menu.

Click add to Dex to get started

You will see a window popup that allows you to configure the amount to deposit and the settings to use.

A minimum of $50 USD is the minimum initial Dex deposit

Risk strategy This setting is what will subscribe you to a particular risk pool made up of logic and strategy befitting that particular level. We recommend clicking here to learn more about risk strategy before deciding which option to go with.

Reinvest This slider allows you opt to reinvest all Dex profits following the completion of a cycle back into Dex.

Withdraw distribution If you don’t want to reinvest 100% of Dex profits, this setting will allow you to choose how much you would like to reinvest and how much you would like to cashout to a wallet of choice.

Withdraw destination If you adjusted the “withdraw distribution” slider, this setting allows you to choose where to send the cashout portion of Dex profits following the completion of a cycle. You may send to an external wallet such as an Exchange or third-party wallet like MEW. Click to see our list of supported Dropil exchanges; alternatively, you can send them to your Dex portal wallet.

Clicking the “Send to Dex” button will start your Dex profile and begin your first 15-day Dex cycle. Note: The USD value of your deposit is calculated based on the 24-hour average Drop token price displayed at the time of starting and is used for the entire duration of your 15-day cycle.

Congratulations! You have Deposited Drops into Dex. 

Things to remember

When using Dex keep these things in mind

  • When adding Drops to Dex, the value of your deposit is based on the 24 hour average Drop price (higher price is better)
  • You can queue up more Drops or settings changes for the next cycle, any additional settings updates will overwrite any pending settings updates
  • You can withdraw a partial amount of Drops instantly from Dex if needed; however, you will lose the proportional amount of unrealized profit.

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