📥Buying Tokens

Step-by-step guide to buying tokens on DumpEX

1. Identify the token you want to buy

  • Find the token you want to buy by looking at the DumpEX contract page on Etherscan

  • Note the token address and number of tokens to buy

2. Calculate the current price

  • On the DumpEX contract page, see when the last token was sold to DumpEX

  • Calculate the current Dutch auction price for the token using the following formula: (Price in ETH) = 1 - (seconds since the last sale) / 10000

3. Buy the NFT

  • Navigate to the DumpEX contract page

  • Go to Contract > Write Contract > buyToken

  • Enter the price you calculated at step 2 to the payableAmount (ether) field. Multiply the price by 10^18 to represent it in decimal terms

  • Enter the address of the token to the tokenAddress field

  • Enter the amount you want to buy to the amount field

  • Click write and approve the transaction

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