Make your first trade
Learn the wallet, quote and confirmation checks now so you can trade deliberately when trading returns.
TL;DR
- Confirm the coin address, lifecycle and wallet before entering an amount.
- Read the quote, fees, price impact, minimum received and network cost together.
- Sign once and check the transaction result before considering another submission.
Trading is currently paused
Buying and selling are currently paused across Orbit Moon for the first four days. This gives creators time to prepare their projects and communities. When trading returns platform-wide on Day 4, each creator chooses when their coin opens.
Each screen answers a different question. Following the same order every time makes it harder for urgency, a familiar name or a fast-moving quote to replace your checks.
1. Confirm the coin and direction
Confirm the exact market
Open the coin and compare its full address with the source you trust. Check the lifecycle, market venue and trading state; a familiar name, symbol or avatar does not identify the contract.
Choose the direction for a reason
Select Buy or Sell only after deciding what the action is meant to do. Example: reducing an existing position is a different decision from opening a new one, even when both use the same trading panel. The platform-wide pause currently prevents either action from executing.
2. Choose the wallet and amount
Confirm who will sign
Select the wallet you intend to use and compare its full address and displayed balance. A future buy needs enough ETH for the amount and network cost; a future sell needs the token balance and may first require approval.
Set the amount from your boundary
Choose a preset, percentage or precise value because it fits a limit you decided before opening the panel. Example: a percentage can describe part of an existing balance, while a precise value can keep a buy inside a fixed ETH budget. Do not plan to spend an external wallet down to exactly zero.
3. Read the complete quote
Read the complete cost
Check the route, expected output, trading fee, price impact, slippage tolerance, minimum received and network cost together. On the bonding curve, an impact fee begins only above 10% price impact and grows with impact; it does not identify traders or guarantee a fair outcome.
Choose whether the quote still fits
Decide to reduce the amount, refresh or stop when a boundary is crossed. Example: raising slippage does not improve the quote; it accepts more movement before the transaction fails.
4. Confirm, sign once and verify
Follow approval and trade as separate stages
When trading returns, check the coin, direction, wallet and amount again. An external wallet may show a token approval before the sell; choose the labelled request in order and do not mistake approval for the trade itself.
Verify before taking another action
Wait for the panel to report confirmed or failed, then use the transaction hash for an independent check. Example: a slow wallet window is not proof of failure and should not trigger a second submission.
Good to know
Submitting again before checking the first transaction can create a second trade. Verify the status and hash before taking another action.
Common questions
Why might a sell ask for approval first?
The selected wallet may need to authorise the trading contract to use those tokens. Read the wallet request and wait for the labelled approval stage before the trade itself.
What should I do if the quote changes before confirmation?
Re-read the output, price impact and minimum received. If they no longer fit your boundary, cancel and request a fresh quote. Know what your trade will cost explains each number.
Can I practise by submitting a small trade today?
No. Trading is paused, so the guide is preparation only. Use Discover, the coin page and the quote concepts without implying an order can execute now.
Why should I check the address when the name looks right?
Names can repeat and visual identity can be copied. The contract address identifies the exact coin whose market and lifecycle you are reading.
Does a busy Coin Pod make the trade safer?
No. Community activity can add context and questions, but it does not remove contract, liquidity, price or execution risk.