Osmosis, the Cosmos DeFi Hub, has launched an exciting new feature: 1-Click Trading, powered by Smart Accounts. This innovative approach aims to simplify the trading experience by eliminating the need for multiple wallet approvals, offering a seamless and secure trading process.
What are Smart Accounts?
Smart Accounts enable users to manage transactions more flexibly on Osmosis. This functionality allows transactions to be approved using multiple authentication methods, rather than requiring a private key signature each time. Users can approve one transaction at the beginning of a session and trade seamlessly until the session expires.
Key Features of 1-Click Trading
Simplified Trading
1-Click Trading is designed to eliminate the need for constant wallet approvals, allowing for quicker and more efficient trading. It is part of the broader Smart Accounts module, which will support various upcoming features on Osmosis.
Enhanced Security
The feature includes a loss protection mechanism, ensuring users can trade securely. Users can trade without limits on the top 50 MCAP assets while setting limits for other assets to manage potential risks.
Customizable Session Periods
Users can set the length of their 1-Click Trading sessions based on their needs. Session durations can range from 10 minutes to 12 hours, providing flexibility for both brief and extended trading activities.
Getting Started with 1-Click Trading
To begin a 1-Click Trading session, users can connect their wallet and choose to start a session. This can be initiated at the start of a trading session or mid-session from the profile screen. Users can adjust settings either mid-session or before starting the next session.
Future Developments
Osmosis plans to expand support to include Ledger hardware wallets, enhancing the security and accessibility of the platform. Users are invited to provide feedback on the new features to help shape the future of 1-Click Trading and Smart Accounts.
The introduction of Smart Accounts and 1-Click Trading represents a significant development for Osmosis, offering a more streamlined and secure trading experience. These features lay the groundwork for further advancements in trading capabilities on the platform.
——————————————————
About Stakecito Labs
At Stakecito Labs, we've honed our craft as validators. Our reputation as the third-largest validator by delegation count within the Cosmos ecosystem speaks to our unwavering dedication and the trust placed in us by over 270,000 delegators worldwide.
Our validation services are not just about maintaining Cosmos blockchain networks though; we validate networks outside of Cosmos as well (NEAR, Aleph Zero, etc.).
Our core mission is centered on demystifying blockchain technology to ensure it's accessible for everyone, from newcomers to seasoned investors. To begin staking, visit our homepage.
Stake with Stakecito | Follow us on Twitter | Subscribe to Our YouTube | Governance
——————————————————
