Beginner’s Guide to DeFi Trading on Mobile Devices: What’s All the Fuss?

Oftentimes in the DeFi world, many new users have trouble switching between opening a DApp from a laptop or PC to mobile devices, especially for those DApps which involve making transactions or transferring digital assets.

Today, we will talk about why and how — and what Arken Finance is trying to solve.

Basics of Trading DeFi Tokens

For those who are familiar with cryptocurrencies investments and trading, there is one exceptional experience that you all have to overcome before joining the DeFi world: ‘wallet connection’. These are the basic steps that everyone, at one point, has to face when entering the DeFi world.

In order to connect to most of the DeFi platforms, HODL, or store your assets, users must, first, have wallets. Some well-known wallets include Metamask, Trustwallet, MathWallet, etc.

In most cases, wallets often offer extensions for desktop browsers where users can download and install to their desktop browsers. However, these extensions are not available for browsers in the mobile version. As a result, users cannot utilize DeFi platforms with browsers that wallet extensions do not support.

How This Problem Was Solved In the Past (The Old School Style)

• First, users must download a wallet for Dapps onto their mobile device.
• Open the DeFi project through wallet mobile built-in browser

Limitations:

1. Too many steps, creating complications and confusion for beginners.
2. Not user-friendly when using DeFi platforms with lots of detail: for example, gamefi, trading views, etc.

ARKEN Finance’s Revolution

With the limitations in mind, Arken Finance is revolutionizing your trading experience on Mobile devices and trying to overcome these complications and inconveniences. We are changing the game!

From December 2021, users can seamlessly swap tokens directly via all well-known mobile browsers. Here is the simple experience you will get.

• Open Arken Finance with any of your mobile browsers.
• If you wish to exchange tokens, click the Swap button. The system will automatically detect wallets on your mobile and direct you to the Wallet choices page. To connect wallet, click “Approve” to grant Arken Finance to the wallet you are using.

• If you do not have the Wallet application downloaded on your mobile device, do not be concerned! Our system will instantly take you to the Wallet application download page. Before connecting to ARKEN Finance, you may log into your wallet with your seed phrases and make any necessary adjustments.
• After that, you’re good to go!

However, for your smooth trading experience, it is recommended for users to set up their wallets beforehand to avoid setup complications. After that, you can fully enjoy Arken’s user-friendly trading experience with full capacity!

What other features/functions do you want or look forward to?

Let us know on our Telegram channel.

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