# How to Start Trading on GammaX

By [daclac2013](https://paragraph.com/@daclac2013) · 2023-08-05

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1.  How to Start Trading on GammaX
    

*   How many words are typically part of the secret recovery phrase? 12
    
*   Should you respond to a direct message on Discord/Telegram from unknown users? No
    

1.  Decentralized Finance Explained
    

*   Investors with a smaller capital can participate in DeFi by: b. Using leverage responsibly while trading
    

⁃ Decentralized exchanges are backed by? b) Audited open-source smart contracts

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*Originally published on [daclac2013](https://paragraph.com/@daclac2013/how-to-start-trading-on-gammax)*