FAQ
What are the available order types and how do they function?
Last Updated: March 19, 2025Order types available on HootDex include Market Orders, Limit Orders and Stop-Loss Orders. Market Orders: Function: A market order is an instruction to buy or sell a digital asset on...
Does HootDex provide custody services?
Last Updated: March 19, 2025The answer is No. HootDex is a decentralized digital asset swapping system and as such all members, private traders and Professional Retail Traders are their own custodians.
What security measures does HootDex have in place to protect our Digital Assets?
Last Updated: March 19, 2025HootDex is a decentralized digital asset swapping system and as such it does not control any members digital wallet at any time. There are intricate security protocols in place that...
Will there be a limit per trading day?
Last Updated: March 19, 2025The answer is No. As digital assets swap 24/7/365 there can be no limit to the level of trading , the only limits in place have to do with the...
Does HootDex provide custody services?
Last Updated: March 19, 2025The answer is No. HootDex is a decentralized digital asset swapping system and as such all members, private traders and Institutions are their own custodians.
Are HootDex Institutional APIs free to use?
Last Updated: March 19, 2025FIX APIs for Institutions do not carry a cost, there is a minimum daily trading volume that is required. Gas fees are absorbed by HootDex for PNP16 tokens and transactional...
Do we need to fully fund our Pecu Wallet?
Last Updated: March 19, 2025The answer is No. Institutions have access to a Type-2 account for leverage. The leverage ranges from 5x-20x depending on the assessment by HootDex. It is important to note that...
Can we use Bitcoin, Ethereum and Litecoin to onboard to HootDex?
Last Updated: March 19, 2025The answer is Yes. There will be a one way bridge via Metamask and other wallets soon that will support the onboarding of Bitcoin, Ethereum and Litecoin to swap for...
Can Institutions request custom tokens?
Last Updated: March 19, 2025The answer is Yes. Institutions can request to create a custom and unique PNP16 tokens that may represent the global pricing of one or more digital assets in a basket....
