How to Start Trading on STON.fi: A Step-by-Step Guide

Step 1: Set Up a Wallet for Toncoin 🔐

The first step is to create a cryptocurrency wallet that supports Toncoin, the main token of the TON blockchain. Popular wallets for Toncoin include Tonkeeper and Tonhub, both of which are compatible with TON and easy to use.

1. Download and install the wallet on your smartphone or computer.
2. Create a new wallet and follow the instructions. Be sure to securely save your seed phrase (a set of 12–24 words). This is the only way to restore access to your wallet if it’s lost, so keep this information safe and private.

Step 2: Fund Your Wallet with Toncoin 💸

To start trading on STON.fi, you’ll need Toncoin (TON) for exchanges and to cover transaction fees. Here are a few ways to fund your wallet:

• Buy Toncoin on centralized exchanges. You can purchase Toncoin on platforms like KuCoin or OKX and then transfer it to your wallet.
• Use P2P purchasing. If you prefer to buy Toncoin directly from other users, you can use P2P services that allow safe crypto exchanges.

Before making the transfer, double-check that you are sending Toncoin to the correct wallet address.

Step 3: Connect Your Wallet to STON.fi 🔗

Once your wallet is funded, the next step is connecting it to STON.fi. You can do this in your browser:

1. Go to the official STON.fi website — https://ston.fi.
2. Click the "Connect Wallet" button.
3. Select your wallet (e.g., Tonkeeper or Tonhub), and you’ll be prompted to confirm the connection in your wallet’s mobile app.

After a successful connection, your wallet will be ready to use on the STON.fi platform.

Step 4: Make Your First Trade 💱

After connecting your wallet, you can make your first trade. STON.fi uses an Automated Market Maker (AMM) system, allowing you to swap one token for another quickly.

1. Choose tokens to exchange. In the STON.fi interface, select the cryptocurrency you want to trade and the one you want to receive. For example, if you have Toncoin and want to exchange it for another token, select the appropriate pair.
2. Enter the exchange amount. Enter the number of tokens you want to swap. The platform will automatically calculate how many tokens you’ll receive, factoring in liquidity and fees.
3. Review trade details. Before confirming, ensure that all data is correct. Check the fee and exchange rate.
4. Confirm the swap. Click "Confirm" and approve the transaction in your wallet. The trade will be completed in a few seconds, and the new tokens will appear in your wallet.

Step 5: Earn Additional Income Through Liquidity Pools 💧

STON.fi offers users the opportunity to earn by providing liquidity. By adding your tokens to liquidity pools, you can earn a share of transaction fees each time someone trades through your pool.

1. Go to the "Liquidity Pools" section on STON.fi.
2. Select the pool you want to contribute tokens to. For example, you can deposit Toncoin and another token to create a trading pair.
3. Enter the amount and confirm the liquidity addition.

Adding liquidity allows you to earn passive income, but keep in mind the potential risk of impermanent loss, which can occur when token prices fluctuate.

Step 6: Staking Toncoin for Passive Income 🪙

STON.fi also supports Toncoin staking, enabling you to earn extra income by “locking” tokens for a specified period. By staking Toncoin, you earn rewards in the form of interest, making it a popular choice for long-term investors.

1. Select the staking option on STON.fi.
2. Enter the number of Toncoin you want to stake and confirm the transaction in your wallet.

Step 7: Stay Safe 🛡️

Using DeFi platforms requires special attention to security. Here are a few tips:

• Keep your seed phrase safe and never share it with anyone.
• Only use the official STON.fi website and be mindful of phishing attacks.
• Check permissions and limit smart contract access to your assets.

STON.fi DEX: https://ston.fi/

Discord: https://discord.gg/bdmaGV6qUw

Twitter: https://twitter.com/ston_fi

Guides: https://guide.ston.fi/ru/

ENG Telegram Channel: https://t.me/stonfidex