What is LazyMode
When its necessary for users to exchange one type of tokens into an intermediate type of tokens, then exchange the intermediate type of tokens into the third type of tokens, or that when users manually place buy or sell orders on the exchange platform, due to various factors such as market depths and (or) token prices, the transaction(s) that users intend to conduct will not normally be settled shortly. During the situation of drastic fluctuations of token prices, for those users who intend to urgently stop loss or buy in, every second of waiting seems like an hour.
Thus, LazyMode is designed and launched by Hotbit to cater for the needs of users who intend to instantly exchange two types of tokens.
By adopting the world’s leading aggregation algorithm for market depth, Hotbit provides its users with a quicker and more convenient exchange experience compared with matched trading experience. The system will intelligently calculate the best exchange rate available on the current market based on the value and amount of tokens that the users intend to exchange, which means that the operation of “LazyMode” is very simple and easy. By entering the amount of tokens that the users intend to exchange, the users will be able to finish the exchange process within 10 seconds and experience the excitement of exchanging any two types of tokens within one click.
How to Find LazyMode
Enter Hotbit’s Official Website
Login to your Hotbit account, click on “Personal Assets”, then click “Deposits and Withdrawals”
Then you will see the types of tokens that are already available for LazyMode function.
Enter Hotbit’s Official Website https://www.hotbit.io/
Login to your Hotbit account Enter “Trading Center”
For those types of tokens that are really available for LazyMode function, you will see two new buttons with the words “LazyMode” on both sides of the lower parts of the trading page of those types of tokens.
How to Use LazyMode
Find “Instant Exchange”, then click “Instant Exchange”
Take BTC for example, click “Instant Exchange”, ➞ see sample picture ➞ the types of tokens that support “LazyMode” function will be displayed, and those types of tokens that currently don’t support “LazyMode” function will not be displayed.
Take the example of exchanging BTC into ETH in LazyMode
Click label 1 “Check/Change Type of Tokens to be Exchanged”, then click label 2 to view the validity period for the current exchange rate (the validity period lasts for 15 seconds, please finish your instant exchange within 15 seconds, as otherwise, you are required to repeat the abovementioned process to check the new exchange rate)
Enter the volume of tokens you intend to exchange into the position of label “3”(the system will automatically exchange the volume of tokens according to the volume of tokens you entered).
After confirming the type of tokens and the volume of tokens, click “Instant Exchange”
You will be redirected to the web page that shows “Instant Exchange in Progress”. The process of instant exchange normally finishes within 10 seconds. However, in case of special situations, please wait patiently or contact our customer service team immediately.
Note: Please DO NOT exit, quit or shut down the web page that shows “Instant Exchange in Progress”, as otherwise, your action may leads to the situations such as the instant exchange cannot be finished and your asset(s) are locked etc.
By the time the instant exchange is finished successfully, a prompt page will be displayed, which shows the number of tokens that had been successfully exchanged and the tokens that the user has received after the exchange.
Users may check their history records of instant exchange transactions by visiting "Trading Center" web page and scroll down.