The most detailed Saber floor manual (2021)

In times of strong market volatility, having a stablecoin on hand will help you secure your assets and “buy the dip”, thereby increasing your position. And today I will guide you in detail about Saber, a powerful tool for stablecoins. The product also just launched mainnet on Solana.

Overview of Saber

Saber is an Automated Market Making Protocol (AMM DEX) decentralized exchange for Stablecoins on the Solana ecosystem. In addition to the strengths provided from blockchain such as almost zero transaction fees, instant processing speed, Saber’s model design also helps users to bear only a small amount of money. slippage very low.

However, up until now, Saber had not merely been AMM DEX for Stablecoins too. They recently combined with Ren Protocol to launch the renBTC and BTC asset pair on Saber’s Liquidity Pool. This helps Saber in the future become an AMM DEX for Pegged Assets.

Preparation before using Saber

Since Saber is an AMM on Solana, you definitely need a Solana wallet to use the platform. You can create a new SOL wallet or restore an existing SOL wallet to Techtipsnreview Wallet.

Techtipsnreview Mobile Wallet

Techtipsnreview Mobile Wallet will automatically airdrop some SOL for you as a fee, so I encourage you to create a new wallet, and it will be more convenient to transfer money from your old wallet. You can refer to:

  • Instructions to create Solana wallet on Techtipsnreview Wallet here.
  • Instructions to restore Sollet wallet on Techtipsnreview Wallet here.
See more:  Instructions for using Orca DEX on Solana are detailed and easy to understand

If you are a new user, please download the Techtipsnreview Mobile Wallet app for both iOS and Android.

Read the manual Install Techtipsnreview Wallet Details or watch the video tutorial below:

Techtipsnreview Extension Wallet

Present, Techtipsnreview Extension Wallet is available on both Google Chrome and Firefox. Read detailed Techtipsnreview Extension Wallet installation instructions for each browser below:

  • Install Techtipsnreview Extension Wallet on Google Chrome here.
  • Install Techtipsnreview Extension Wallet on Firefox here.

Instructions for using Saber exchange with Techtipsnreview Mobile Wallet

Trade – Swap

Step 1: On the main screen of the wallet, go to Browser. Click on the search icon, enter saber.so on the search bar.

Step 2: On the main screen of the Saber interface, select Connect Wallet. Choose to connect to Techtipsnreview. Saber will automatically connect to the current SOL wallet address on Techtipsnreview Wallet.

Step 3: Select a trading pair. Enter the number of tokens you want to exchange. Choose Reviews.

Step 4: Please confirm the information and click Confirm Swap to complete the transaction.

Provide Liquidity – Add Liquidity

Step 1: Go to the tab “Pools” to provide liquidity to Saber.

Step 2: Select the number of assets you want to provide. Click “Deposit” done.

When providing liquidity, you can adjust the Slippage bar or leave the default as setup when clicking on the icon Setting.

Instructions for using Saber exchange with Techtipsnreview Extension Wallet

Trade – Swap

Step 1: Brothers visit https://saber.so/#/swap and choose Connect Wallet in the right corner of the screen.

Step 2: Select connect to Techtipsnreview and click confirm Connect in the message displayed on Techtipsnreview Extension Wallet.

See more:  Top 7 Of The Best Cryptocurrency Exchanges Platforms for 2022

Step 3: Select a trading pair. Enter the number of tokens you want to exchange. Choose Reviews.

Step 4: Please confirm the information and click Confirm Swap to complete the transaction.

Provide Liquidity – Add Liquidity

Step 1: Go to the tab “Pools” to provide liquidity to Saber.

Step 2: Select the number of assets you want to provide. Click “Deposit” done.

When providing liquidity, you can adjust the Slippage bar or leave the default as setup when clicking the Settings icon.

After adding liquidity to the pool, you can return to the Pool interface to monitor your Pool. You can also add or withdraw liquidity at any time. If you want to withdraw liquidity, go to Withdraw and do the same as Deposit.

summary

Through this article, you must have understood the basic steps to trade on Saber. With these features that will help you transact more easily, with fast processing speed and low costs, in general, this is an exchange worth experiencing.

If you have any problems or questions in the process of using Saber, please comment below for Techtipsnreview’s support!

Don’t forget to follow the column Investment knowledge of Techtipsnreview to be updated with all the latest knowledge in the Crypto market, and instructions for using the exchange, wallet or tools to serve the long-term Crypto investment process!

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Source: The most detailed Saber floor manual (2021)
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