Guides
Learn how to use the main features of Beamex Beta using faucet tokens and experiment with the platform before the official launch.
Get Beamex Vault Tokens
First, get some tokens from the Beamex faucet to fund your wallet and have some balance to perform swaps and trades.
Swap Assets
You can swap assets simply with just a few clicks, with either a market or a limit order.
Go to https://beamex.exchange/#/trade and connect your wallet, either MetaMask, Coinbase Wallet, or WalletConnect. Beamex Beta runs on the Moonbase Alpha Network, so make sure you switch networks if needed.
Market Swap Order
On the right, switch to the Swap tab and make sure you’re under the Market tab.
Enter the asset and the amount you want to swap, and choose the asset you want to receive. Click “Swap” and “Confirm Swap” in the pop-up window, and confirm the transaction in your wallet.
Shortly after, your swap order should be submitted and confirmed, visible also in the notification in the bottom right corner. Click on the link provided to check the transaction status and details on the Moonbeam explorer.
Limit Swap Order
On the right, under Swap, switch to the Limit tab. Choose the assets you want to swap, and set the price at which they should be swapped.
Click “Create Limit Order”, confirm it in the pop-up, and confirm the transaction in your wallet.
Once your limit swap order is created, you should see it on the Orders list right under the chart.
When the chosen asset reaches the target price, your limit swap order will be finished, and your portfolio will get updated directly in your wallet.
To cancel the order, simply click “Cancel” and confirm the transaction in your wallet.
Trade Perpetuals
On Beamex, you can open futures contracts using leverage in a purely decentralized way, trading directly from your wallet and without having to deposit funds to the platform.
Go to https://beamex.exchange/#/trade, connect your wallet, and switch network to Moonbeam if needed.
Long Position
On the right, switch to the Long tab. There, you can open either:
A long market order: Here, you buy an asset immediately at the current market price and expect it to reach a higher price in the future.
A long limit order: Here, you buy an asset at a specific (limit) price or better and expect it to reach a higher price in the future.
With the leverage slider, you can set up to x10 leverage on your position.
Beware: Using leverage comes with high risk and is not recommended for beginners as it can liquidate your account fast.
Long Market Order
First, make sure you’re under the Market tab.
Enter the amount of the asset you want to long, and set leverage (if any) on the leverage slider.
Check the trade details at the bottom, click “Long [asset]”, review it in the pop-up window, click “Long” again, and confirm the transaction in your wallet.
Once your long position is opened, you can find it on the Positions list right under the chart, together with all the details, such as size, collateral, mark price, entry price, and liquidation price.
If you decide to close the position before the price reaches the set target, simply click “Close”, set the amount you want to close in the pop-up, and confirm the transaction in your wallet.
You can also edit the parameters of the position once opened. Click the three dots on the right and choose to either edit collateral, select market, or share position.
Long Limit Order
Switch to the Limit tab while still in the Long section.
Enter the amount of the asset you want to long, set the price you want to buy it at, and set leverage (if any) on the leverage slider.
Review the trade details at the bottom, click “Create Limit Order”, confirm it in the pop-up window, and once again in your wallet.
Once opened, you can find your order on the list right under the chart, where you can also edit or cancel it before it reaches the limit price.
Short position
Switch to the Short tab. There, you can open either:
A short market order: Here, you sell an asset immediately at the current market price and expect it to reach a lower price in the future.
A long limit order: Here, you sell an asset at a specific (limit) price and expect it to reach a lower price in the future.
With the leverage slider, you can set up to x10 leverage on your position.
Beware: Using leverage comes with high risk and is not recommended for beginners as it can liquidate your account fast.
Short Market Order
To open a short market order, make sure you’re under the Market tab.
Enter the amount of the asset you want to long, and set leverage (if any) on the leverage slider.
Check the trade details at the bottom, click “Short [asset]”, review it in the pop-up window, click “Short” again, and confirm the transaction in your wallet.
Once your short position is opened, you can find it on the Positions list right under the chart, together with all the details, such as size, collateral, mark price, entry price, and liquidation price.
If you decide to close the position before the price reaches the set target, simply click “Close”, confirm closing in the pop-up, and approve the transaction in your wallet. Under the three dots on the right, you can also edit the parameters of the position once opened.
Short Limit Order
To open a short limit order, switch to the Limit tab while still in the Short section.
Enter the amount of the asset you want to short, set the price you want to buy it at, and set leverage (if any) on the leverage slider.
Review the trade details at the bottom, click “Create Limit Order”, confirm it in the pop-up window, and once again in your wallet.
Once opened, you can find your order on the list right under the chart, where you can also edit or cancel it before it reaches the limit price.
Buy BLP (add liquidity)
BLP, Beamex Liquidity Provider Index Token, is Beamex’s native liquidity provider asset.
It represents an index of assets used to support swaps and leverage trading on Beamex, the index tokens and respective weights can be seen here
You can mint BLP using any index asset or burn it to redeem any index asset. As a liquidity provider or BLP token holder, you earn a profit when leverage traders suffer a loss, and vice versa.
To buy BLP, go to https://beamex.exchange/#/liquidity and in the $BLP window, click “Add Liquidity”. Make sure your wallet is connected to the Moonbeam. Select the token, input the amount and click Add Liquidity
Sell BLP (remove liquidity)
to remove liquidity, make sure you have unstaked from Earn
Then go to this page https://beamex.exchange/#/liquidity#redeem make sure Withdraw liquidity is selected
Input the BLP amount and select in which token you want to receive your funds (sometimes the token you want does not have the desired liquidity, you can try inputting a smaller amount of BLP OR you can select a different token and then swap it to your desired one)
Earn with BLP
Once you purchase BLP, you can stake it to earn. You can deposit your BLP into Earn here
Click on Deposit, input the amount,press Approve BLP and confirm the transaction in your wallet. Wait for the transaction to confirm and then press Stake
Claim Earn rewards
When you see you have a pending amount of rewards higher than 0, you can claim them by pressing the Claim Reward button
Withdraw from Earn
You can withdraw your BLP from earn by clicking the Withdraw button, selecting the amount and then clicking WITHDRAW and confirming the transaction in your wallet
Beamex leverage trading incurs a 0.1% fee. Liquidity providers earn 60% of the protocol fees, while $stGLINT stakers receive 20%.
Last updated