How to Trade on RabbitX Exchange: A Step-by-Step Beginner's Guide

🐇 What Is RabbitX Exchange?

RabbitX is a decentralized derivatives exchange powered by StarkNet, an Ethereum Layer 2 scaling solution. It allows users to trade perpetual futures with leverage, all while maintaining self-custody of their assets.

By leveraging zero-knowledge proofs, RabbitX ensures fast transactions, low fees, and high security — making it an ideal platform for both beginner and advanced traders in the DeFi space.

⚙️ Step 1: Connect Your Wallet

To get started on RabbitX, you’ll need a compatible StarkNet wallet. Popular options include:

• Argent X — A browser extension wallet designed for StarkNet users.
• Braavos — A multi-device wallet with enhanced DeFi integration.

Once installed, visit the RabbitX official website and click on the “Connect Wallet” button. Approve the connection through your wallet extension to link your account securely.

💰 Step 2: Deposit Collateral

Before trading, deposit assets such as USDC into your RabbitX account. The platform uses USDC as the base margin for all trading pairs.

1. Click on Deposit in your RabbitX dashboard.
2. Enter the amount of USDC you want to deposit.
3. Confirm the transaction through your wallet.

All deposits are secured by StarkNet rollups, ensuring Ethereum-grade safety with near-zero gas costs.

📈 Step 3: Open Your First Trade

Once your collateral is funded, you can open a long or short position on any supported trading pair. To do this:

1. Select a pair like BTC/USDC or ETH/USDC.
2. Choose your leverage — RabbitX supports up to 20x leverage.
3. Enter the order type: Market, Limit, or Stop.
4. Confirm the trade and monitor your live position under the dashboard’s PnL tracker.

RabbitX’s off-chain order matching engine ensures instant execution while maintaining on-chain settlement for full transparency.

🔄 Step 4: Manage Your Position

Use RabbitX’s intuitive interface to monitor your trades in real time. You can:

• Track Unrealized PnL and Margin Ratio.
• Adjust leverage or add collateral mid-trade.
• Set stop-loss and take-profit orders for risk management.

If the market moves against your position, the protocol’s liquidation engine ensures safe handling without manual intervention.

🏦 Step 5: Withdraw Profits

When your position is closed, your profits (or remaining collateral) will be visible in your margin account. To withdraw:

1. Click on Withdraw in your RabbitX dashboard.
2. Choose the amount and confirm the transaction.
3. Your funds will safely return to your connected wallet.

Thanks to StarkNet’s efficiency, withdrawals are fast, affordable, and secured by Ethereum’s L1 finality.

🎯 Pro Tips for Beginner Traders

• Always start with small positions to understand leverage impact.
• Use limit orders instead of market orders during high volatility.
• Check your margin ratio regularly to avoid liquidation.
• Stay updated with RabbitX community channels for governance proposals and airdrop updates.

🌟 Why Trade on RabbitX?

RabbitX merges centralized exchange performance with DeFi principles. With low latency, high liquidity, and zero custody risk, it offers one of the best environments for perpetual trading on StarkNet.

Whether you’re new to DeFi or an experienced trader, RabbitX delivers a seamless and transparent experience — shaping the future of decentralized derivatives trading.