FAQs

Here are some frequently asked questions about using RWAX for trading Real-World Assets:

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General Questions

Q1: What is RWAX? A: RWAX is a platform that allows users to trade tokenized Real-World Assets (RWAs) on the blockchain, bridging traditional assets with DeFi.

Q2: Do I need a cryptocurrency wallet to use RWAX? A: Yes, you need a compatible cryptocurrency wallet to interact with RWAX, as all transactions are conducted on-chain.

Q3: Can I trade RWAs with fiat currency? A: This depends on RWAX’s current offerings. Check if they support direct fiat deposits or if you need to convert fiat to crypto first.

Q4: What types of RWAs can I trade on RWAX? A: You can trade a variety of assets including real estate, commodities like gold (XAUT), silver, and tokenized versions of instruments like T-Bill yield stablecoins (USDM).

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Technical Questions

Q5: How do I deposit funds into my RWAX account? A: You deposit by sending supported cryptocurrencies to the unique deposit address provided by RWAX in your account’s deposit section.

Q6: Can I use AI for trading on RWAX? A: Yes, if RWAX supports AI trading features like AI Sniping or AI Sandwich Trading, you can utilize these for automated or semi-automated trading strategies.

Q7: What happens if I encounter a technical issue while trading? A: Contact RWAX support with details of the issue. They have a system for addressing common problems or escalating more complex issues.

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Security and Privacy

Q8: How does RWAX protect my privacy and security? A: RWAX employs measures like encryption, two-factor authentication, and self-custody wallet integration. Always review their security policies for full details.

Q9: What should I do if I suspect my account has been compromised? A: Immediately change your password, enable or reset 2FA, review your account activity for unauthorized transactions, and contact RWAX customer support.

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Trading and Strategy

Q10: What is the difference between a market order and a limit order? A: A market order executes at the current market price for immediate trade, while a limit order only executes if the market price reaches or betters your specified price.

Q11: How do I find and research assets on RWAX? A: Use the asset discovery tools to browse or search for RWAs, then delve into detailed asset pages for performance metrics, fundamentals, and external research.

Q12: Can I set up stop-loss or take-profit orders? A: Yes, RWAX should support these orders to automatically sell assets if they hit a certain price loss or profit threshold.

Q13: What are the fees for trading on RWAX? A: Fees can vary by asset, trading volume, and whether you’re using leverage or other features. Review the fee structure on the RWAX platform for exact details.

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Account Management

Q14: How can I withdraw my assets from RWAX? A: Navigate to the withdrawal section, select your asset, specify the amount, and send it to your external wallet address. Remember to account for withdrawal fees and blockchain confirmation times.

This FAQ section covers some common inquiries, but remember, the platform might evolve, adding new features or changing policies. Always check the latest information directly on RWAX’s official channels.