IceCreamSwap User Guide

Qitmeer Network
7 min readMar 21, 2024
IceCreamSwap User Guide

Embark on a wonderful journey in the vast world of digital assets. The cooperation between IceCreamSwap and Qitmeer Network will open the door to unlimited possibilities for you.

Now, let’s delve into more details, explore the trading process, and unlock the opportunities to participate in the field of blockchain finance.

🔹Platform advantages

IceCreamSwap (https://icecreamswap.com) is a leading-edge, feature-rich decentralized cryptocurrency exchange platform (DEX) designed to provide users with a secure and efficient digital asset trading experience.

IceCreamSwap, built on blockchain technology, leverages smart contracts and liquidity mining mechanisms to facilitate asset exchange and reward distribution among users. Certified by CertiK audits and built on the secure foundation of second-generation Uniswap smart contracts, it offers fully decentralized and trustworthy services to users.

In addition, IceCreamSwap supports multi-chain deployment and has implemented exchange functions on multiple blockchains such as Binance Smart Chain (BSC), Bitgert, and Qitmeer. Users can trade digital assets more flexibly across different blockchains, similar to token swaps on platforms like Uniswap and PancakeSwap.

🔹Core features

The core functions of IceCreamSwap include Swap, Liquidity, Staking, Farms, Bridge, and Info Analytics, all easily accessible through the Website.

Decentralized Trading: IceCreamSwap offers decentralized trading services without the need to trust third parties. Users can directly trade digital assets on the platform, ensuring transparency and security in transactions.

Liquidity Mining Rewards: IceCreamSwap incentivizes users to provide liquidity through a liquidity mining mechanism. Participants can inject funds into liquidity pools and receive corresponding token rewards as compensation, thereby boosting liquidity on the platform.

Security and Privacy Protection: IceCreamSwap employs advanced encryption technology and smart contracts to safeguard user assets and transaction privacy, ensuring the security and trustworthiness of the trading process.

Low Transaction Fees: IceCreamSwap offers a trading environment with low transaction fees, allowing users to trade digital assets at a lower cost, thereby reducing transaction expenses and enhancing user experience.

🔹IceCreamSwap tutorial

Visit the IceCreamSwap website

Enter the IceCreamSwap platform by typing its website address into your web browser:

https://www.icecreamswap.com/.

Connect wallet and switch to Qitmeer network

Click on the “Connect Wallet” button in the top right corner of the page, select your preferred digital currency wallet such as MetaMask, Trust Wallet, etc., connect your wallet, and switch the network to Qitmeer.

If you have any doubts about how to add a network, you can refer to the following tutorials:

MetaMask plugin wallet (installation tutorial) and Add Qitmeer Network

🔹Swap

Navigate to the Swap page

Locate the “Trade” feature entrance on the IceCreamSwap website, then click on “Swap” to access the exchange page.

Choose the asset pair for exchange

On the exchange page, select the asset pair you wish to exchange, such as USDT to MEER.

Enter the exchange quantity

Enter the amount of MEER you wish to exchange, then click “Swap”. (The system will automatically calculate the amount of USDT you will receive and the current exchange rate.)

Click Swap transaction

Please carefully verify the details of the exchange transaction, including the exchange assets, target assets, and the amount to be exchanged, to ensure everything is accurate.

Click “Confirm Swap” in the pop-up window and authorize the transaction confirmation in your wallet.

During the waiting process, click “Confirm” in the MetaMask wallet prompt window, and confirm the transaction in your wallet.

Wait for the swap transaction to complete.

Check the transaction records

After the transaction is completed, you can view the recent transaction records in “Recent Transactions” to confirm that the operation has been successfully recorded on blockchain.

🔹Add liquidity

If you have idle funds and aim to optimize their utilization, I recommend considering providing liquidity by injecting funds into liquidity pools. This allows you to earn corresponding token rewards.

About the revolutionary trading model of DEX and the principles of liquidity provision, I suggest you read the following article to gain a deeper understanding:

The Revolutionary Trading Models of Dex

Navigate to the liquidity page

Find the “Liquidity” function entrance on the IceCreamSwap website, click the “Add” button to enter the liquidity page .

Select asset pair

On the liquidity offering page, select the asset pair you wish to provide liquidity for, such as MEER/USDT.

Enter asset quantity

Enter the desired amount of MEER and USDT you wish to provide in the liquidity input box, then click the “Add” button.

Based on the AMM mechanism, the system will automatically calculate and balance the quantities of the two assets you need to provide to maintain the balance of the liquidity pool.

Provide liquidity

In the pop-up window, review the provided amount of funds and asset pairs carefully to ensure accuracy. Once confirmed, click “Confirm Supply” to finalize the wallet transaction confirmation.

Wait for the liquidity provision to be completed.

Check the liquidity records

After providing liquidity, you can view the liquidity funds you have provided on the liquidity pool page or wallet.

🔹Bridge

The IceCreamSwap bridge allows users to transfer assets between different blockchains, enabling cross-chain transactions and interoperability.

Here we will demonstrate cross-chain transfer of USDT assets from Binance Smart Chain (BSC) to the Qitmeer network.

【Notice】

The IceCreamSwap Bridge issues Tether USD on the Qitmeer network through smart contract design and certification, ensuring a one-to-one exchange ratio with stablecoins on other chains. This provides a secure and reliable cross-chain exchange solution.

Tether USD contract address is: 0x7D5a56742C082FcDfc240cd7D1775f00e059771F

Navigate to the Bridge page

Find the “Bridge” feature on the IceCreamSwap website, connect your wallet, and proceed to the bridge page.

Select the asset to transfer and the target chain

Select Binance Smart Chain (BSC) as the source chain and switch your wallet to choose Qitmeer Network as the target chain.

Then, select the asset you want to transfer, such as the USDT token.

Confirm the receiving address

The bridge receiving address on IceCreamSwap is typically your wallet’s linked address. Please ensure the accuracy of your wallet address linkage to avoid asset transfer failures or losses.

Confirm Bridge transfer

Enter the amount of USDT assets you want to transfer in the input field.

Double-check the outgoing assets, target chain, and receiving address to ensure accuracy.

After confirming, click the “Bridge Now” button, then click “Confirm” on the pop-up window, follow the wallet prompts to complete the transaction confirmation.

Note: IceCreamSwap charges a fee of 0.0025 BNB for each bridge transaction from Binance Smart Chain (BSC) to the Qitmeer network.】

Click “Approve” on the popup window, then follow the wallet prompts to complete the transaction confirmation.

Approve the transaction for the USDT token on the Binance Smart Chain (BSC) in your wallet.

Next, click “Confirm” on the subsequent pop-up window, and follow the wallet prompts to complete the transaction confirmation.

Check the transaction records

After the transaction is completed, IceCreamSwap will prompt you that the assets have been successfully transferred to the target chain.

🔹Risk warning

This article is for instructional purposes only and does not contain any investment advice.

Please carefully verify the transaction details during trading to ensure accuracy and prevent asset loss.

Users should be highly vigilant when using on-chain applications, especially in terms of protecting personal privacy and sensitive information, and should take necessary measures to avoid providing personal or sensitive information to others at will.

➡️ Content source: https://qitmeer.io/blogs/206

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Qitmeer Network

Qitmeer Network is the next generation payment network infrastructure based on BlockDAG technology.