📉Trade HLUSD

StableHodl allows you to seamlessly swap HLUSD on HeLa Chain, with USDT/USDC on BNB and Polygon Chains. This guide covers buying, selling, and service fees.

Getting Started: Log in to Your Wallet

To start trading HLUSD on StableHodl, you will need to log in to your wallet. Here is how:

  1. Visit the StableHodl website: stablehodl.com

  2. Connect your wallet: Click on the "Connect Wallet" button and select your preferred wallet (e.g., MetaMask, Trust Wallet, etc.).

  3. Choose your network: Select either the BNB or Polygon network, depending on where you want to trade.

  4. Once connected, your wallet balance will be visible, and you will be ready to start trading.

Trading HLUSD

1. Buy HLUSD from USDT/USDC on BNB/Polygon

You can easily convert your USDT or USDC into HLUSD on either the BNB or Polygon network. Here is how:

Steps to Buy HLUSD:

  1. Log in to your StableHodl account and navigate to the "Buy HLUSD" section.

  2. Select the network (BNB or Polygon) and choose the token you wish to use for the transaction (USDT or USDC).

  3. Enter the amount of USDT/USDC you want to exchange for HLUSD.

  4. Review the service fees: A 0.5% OTC fee will be applied to your transaction, plus a $0.5 gas fee. We cover your gas on HeLa.

  5. Confirm the transaction. Once confirmed, your HLUSD will be credited to your StableHodl wallet.

Example:

  • You wish to exchange 1,000 USDT for HLUSD on the BNB network.

  • The service fee will be 0.5% of 1,000 USDT (5 USDT) plus a $0.5 gas fee.

  • You will receive HLUSD equivalent to ~994.5 USDT after the fees are deducted.

2. Sell HLUSD for USDT/USDC on BNB/Polygon

You can also convert your HLUSD back into USDT or USDC on either the BNB or Polygon network. Here’s how:

Steps to Sell HLUSD:

  1. Log in to your StableHodl account and go to the "Sell HLUSD" section.

  2. Select the network (BNB or Polygon) and choose the token you want to receive (USDT or USDC).

  3. Enter the amount of HLUSD you want to sell.

  4. Review the service fee: A 1% OTC fee will be applied to your transaction.

  5. Confirm the transaction. Once the transaction is processed, the corresponding amount of USDT/USDC will be ready to claim.

Important: Claim Your USDT/USDC

After your sale transaction is completed, you will need to claim your USDT/USDC. Here's how:

  1. Go to the "Claim" tab on the platform.

  2. Click on "Claim" to transfer the USDT/USDC to your wallet.

  3. Once claimed, the USDT/USDC will be available in your connected wallet.

Example:

  • You wish to sell 1,000 HLUSD for USDT on the Polygon network.

  • The service fee will be 1% of 1,000 HLUSD (10 HLUSD).

  • You will receive ~990 USDT after the fee is deducted.

  • After the sale is complete, go to the "Claim" tab to claim your ~990 USDT to your wallet.

Service Fee Summary

Buy HLUSD:

  • 0.5% OTC fee

  • $0.5 gas fee

Sell HLUSD:

  • 1% OTC fee

Conclusion

Trading HLUSD on StableHodl is a straightforward process whether you are buying with USDT/USDC or selling to receive USDT/USDC. After completing a sell, remember to claim your USDT/USDC from the "Claim" tab. StableHodl OTC platform allows you to seamlessly swap between assets, removing the need to bridge and swap!

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