One-Click Trading

Overview

One-click trading (1CT) eliminates the need to interact with a wallet when submitting transactions, thereby reducing the time required to trade.

It achieves this through the use of two mechanisms:

  • 1CT wallet

  • Trade delegation

One-Click Wallet

Candy utilizes a specific externally owned account (EOA) wallet to submit trading transactions.

It relies on the following sequence:

  1. User set a 4-digit PIN

    • This pin should be remembered for future recovery

  2. User signs a prefixed message of the PIN using their wallet

    • The wallet used to sign the message should be remembered for future recovery

The key material is deterministic, which means it can be copied. Using a PIN and a personal sign provides strong security while allowing a trader to recover the material if lost. Traders can also use this method to avoid storing the material on their device between trading sessions by clearing and regenerating it for each session.

The 1CT wallet is a delegation wallet.

How to set up 1CT on Candy?

Setting up a 1CT wallet on Candy is a simple and seamless process that involves the following steps:

  1. Create PIN

  2. Sign message

  3. Approve 1CT wallet

  4. Fund 1CT wallet

  5. Enable feature

Enabling One-Click Wallet Feature

Below is the guide to enable and fund your 1CT wallet on Candy:

Step 1:

Connect your wallet and enable the One-Click trading feature

Step 2:

Read the instructions and click NEXT

Step 3:

Use a secure 4 digit pin. Make sure to keep it safe and private as you can regain access to your 1CT wallet using this PIN.

Step 4:

Connect your wallet and authorize the wallet interaction

Step 5:

In step 4, you must approve that 1CT wallet can submit transactions on your behalf. Remember to enable the one-click trading feature

Step 6:

In this step, you can fund your 1CT wallet and set the number of trades you want 1CT wallet to execute.

Make sure to copy the private key and keep it in a safe place. Never share your private key with anyone. The Panana Finance team will never ask for your key nor will we ask you to transfer the funds.

Step 7:

Confirm the amount of funds you want to add to your 1CT wallet.

At any moment, you can reset your CT wallet data. You can see the list of transactions executed by the 1CT wallet.

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