Option Trading Handbook
  • 1.Overview
    • 1.1 Understanding Call Options
    • 1.2 Meta Defender Call Options – A Unique Approach
  • 2. Prerequisites for Option Trading
    • 2.1 Bind Account
    • 2.2 Transitioning Between aSEED and mSEED Option Platforms
    • 2.3 Acquiring Trading Tokens: aSEED on Mainnet and mUSDT on Testnet
  • 3. Option Trading
    • 3.1 Buy Option
    • 3.2 Underwrite
    • 3.3 Transaction Proofs in Portfolio
      • 3.3.1 Option NFTs
      • 3.3.2 Seller Certificate
      • 3.3.3 Seller Medals
  • 4. Deployments
  • 5. Audit
  • 6. Risks
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  • Trading on Acala Mainnet
  • Trading on Mandala Testnet
  1. 2. Prerequisites for Option Trading

2.3 Acquiring Trading Tokens: aSEED on Mainnet and mUSDT on Testnet

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Last updated 1 year ago

Trading on Acala Mainnet

On the Acala Mainnet, we use aSEED for buying and selling options. Additionally, it's essential to have some $ACA in your account to cover gas fees. You could get aSEED in .

Trading on Mandala Testnet

On the Mandala Testnet, however, you can obtain test tokens for trading interactions.

mUSDT is a test token used for mSEED options trading on the Mandala Testnet. Always make sure you have enough mACA (acquired through the ) in your account to cover transaction fees. To get mUSDT, click the "Faucet" button and confirm the transaction. Once done, 10,000 mUSDT will be added to your balance. This can be done multiple times to accumulate more test tokens for trading.

The contract address for mUSDT on the Mandala Testnet is 0x79652d0C384262F631C7DA3AC7D3c613B04E8896. Always ensure you are interacting with the correct token address to avoid any potential loss or mishaps.

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