Learn step-by-step how to connect your account, log in, and execute smart orders with dYdX. This guide includes visual examples to help you understand each part of the interface.
Go to dYdX Official Site
Connect your wallet (Metamask, Ledger, Rabby, etc.).
Deposit at least $20 USD to activate your account.
Save your secret phrase securely; it will be used by the bot to access locally.
Open the bot application on your computer.
Enter your secret phrase associated with dYdX
The bot will display your address and available balance.
Secure access via local secret phrase.
Once logged in, you will be able to view the main sections of the bot: balance, calculator, daily trades and order panel.
Use the built-in calculator to project profit or loss before placing any trade. Simply enter the entry price, exit price, and trade size to view the estimated PnL.
Integrated tool to estimate results before trading.
Send buy or sell LIMIT orders with pinpoint accuracy. Adjust the trade size with the slider, using a percentage of your available capital. Orders are executed close to the market price to maximize efficiency and risk control.
Visual example of automatic limit order placement.
Check network conditions and keep your application updated for optimal performance.