Guide to Rif On Chain
ROC English
ROC English
  • About RIF On Chain
  • GETTING STARTED
    • What do I need to know first
    • Using ROC dapp with Testnet
    • Wallet setup
      • Wallet setup for Beginners
        • Mobile wallet
        • Web3 wallet
      • Wallet setup for Advanced users
      • Hardware wallet setup
        • Ledger
          • Installing Ledger Live
          • Configuring wallet
          • Installing applications
          • Logging in to the platform
        • Trezor
          • Installing Trezor Suite
          • Configuring the wallet
          • Logging in to the platform
    • Getting rBTC
      • Getting rBTC with the 2waypeg app
        • Using the app
          • BTC to RBTC
          • RBTC to BTC
      • Getting rBTC with LNp2pbot
    • How to Access the Platform
      • With a mobile wallet
      • With a web3 wallet
    • How to get tokens
      • How to mint RIFPro
      • How to mint USDRIF
      • How to convert RDOC to USDRIF
        • Using RIF on Chain dApp
      • Where do I buy tokens?
      • How to get MoC tokens in the TEX
      • How to claim MoC Tokens from Liquidity Mining
    • How to stake MOC tokens
    • How to exchange in the TEX
    • How to vote in MOC governance
  • Frequently Asked Questions
    • Web App FAQ
  • Integrators
    • Resources
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On this page
  • Introduction
  • Accessing the TEX
  • Setting the allowance
  • Getting MoC tokens
  • Limit Order

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  1. GETTING STARTED
  2. How to get tokens

How to get MoC tokens in the TEX

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Last updated 1 year ago

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Introduction

This document shows how to get MoC tokens in the TEX. If you need further explanation on how to use the TEX, you can go to .

Remember that in order to operate in the TEX you need enough rBTC balance to pay gas for every transaction. If you want to get rBTC you can check it out in .

Accessing the TEX

Go to this address:

To enter the TEX you have to connect to the app using Metamask or Liquality Wallet, which is the one used in this example. In case it shows zero balance when connecting, and even though the corresponding RSK network is selected, just click on network and select RSK (mainnet or testnet, as the case may be). With that, it should be resolved.

As with other apps, when connecting for the first time the wallet will request to sign a message to connect to the application.

After signing the message, you will see the home page where you can select MOC/WRBTC pair:

Amounts and prices in this guide are figurative as it was made in Testnet.

The first thing the app requests is to configure what is called ALLOWANCE, which is the amount of funds in the wallet that is authorized to exchange within the TEX app. Only in the case of rBTC, you must "wrap" them to obtain WRBTC. This way, you will be able to exchange rBTC directly with other tokens.

Once wrapped rBTC, you have to set the allowance for both tokens. This can be done once every now and then since you can allow a big amount but no need to use it all.

Setting the allowance

To set the allowance to operate in the TEX, click on SET ALLOWANCE and enter an amount. For this example, we are going to set the allowance at 500 MoC.

And for WRBTC at 0.03.

Once the allowance for the MOC/WRBTC pair is configured, a buy or sell offer can be placed.

Getting MoC tokens

In the BUY & SELL TOKENS box there are several things to consider:

  • Choose LIMIT ORDER or MARKET MAKER ORDER

  • BUY or SELL

  • AMOUNT, PRICE, AND LIFESPAN of the offer expressed in ticks but estimated in minutes/hours

  • SUMMARY: fee, amount to sell/buy after the fee is applied, and how much will be received. If the order expires or is canceled, part of the fee will be received back.

Limit Order

In a Limit Order, a purchase or sale order is made, setting a limit up to which the operation is to be executed. That is, buying for a price less than or equal to X or selling for a price greater than or equal to Y. The total amount of the order is provisionally deducted from the account balance. These types of orders guarantee to buy or sell at the stipulated price or a better one.

In this example, we are placing an order to buy 100 MoC at WRBTC 0.00001. And set the to 500 which represents approximately 41hrs.

How to exchange in the TEX
Getting rBTC
https://tex.moneyonchain.com
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