How to place buy and sell orders of BTC
After registering and activating your account, you will receive an email with links of the review of the personal account of the exchange - be sure to get familiar with it! You will find important information about account setup, 2-factor identification, depositing and withdrawal of funds there.
After replenishing your account with UAH or BTC, you can place an order to buy or sell a cryptocurrency.
To do this, click the link "Trades" at the top - it will lead you to the main page of the exchange with the schedule of trading and the tables of the placed buy and sell orders. In the third column of the table you will see all recently executed orders in the reverse order (it is what exchange chart displays).
There is an order placement field between the price chart and the tables:
TYPES OF ORDERS:
There are 2 types of orders: Market and Limit.
The "Market" order type assumes an instant buy / sell, the price will be selected the best by the market. The system automatically selects the best offers from the buy / sell order book and executes an order.
The "Limit" order type allows you to unlock the "Price" field for editing, and thus place an order at a fixed price for the coin and make a deal when your price suits other market participants.
BTC PURCHASE:
BTC purchase for UAH on your order
Enter the amount of bitcoin you want to buy in the “Quantity” field, and the price at which you are ready to do it in the next field “Price”. The third field displays the amount that you need to execute this order (if you have enough money in the account).
Check the quantity and price again, and if everything is correct, click the button “BUY BTC”. Your order will appear in the line below the ordering field.
If you still have funds on the account after placing the first order, you can create other orders for the desired amount and price of bitcoin.
If the price at which you want to buy a BTC is lower than the best price for sale, your order will be queued for execution.
You should understand that your order will be executed only if the market “agrees” to the price at which you placed it, for example, there is a seller who wants to sell bitcoin at this price. Otherwise, the order will not be executed, and to purchase BTC you will have to cancel it and reset it at a different price (or wait until the exchange price comes to your order, which may not happen, or take a long time).
BTC purchase for UAH on a counter sell order
If you do not want to wait for the execution of your order and are ready to buy BTC at the sell price (see the top line of the “Sale” column - this is the best sell price), click the top line with this price. The data of this order will appear in the order placement field, and you can change the quantity of BTC you need or the total amount for which you want to purchase BTC. After pressing the button “Buy BTC” your order will be executed immediately (if the counter order was not executed before you pressed the button).
If BTC in counter order is not enough, you can then select the next order with the best selling price or place your buy order.
SALE OF BTC:
Sale of BTC for the UAH on your order
Enter the amount of bitcoins you want to sell in the “Quantity” field and in the “Price” field the price at which you are ready to sell your bitcoins. The third field displays the amount that you receive in the case of the execution of your order.
Check the quantity and price again, and if everything is correct, press the “SELL BTC” button. Your order will appear in the line below the ordering field.
If you still have BTC after placing the first order, you can submit new orders for the sale of the required number of BTC at your price.
If the price at which you want to sell the BTC is higher than the best buy price, your order will be queued for execution.
You should understand that your order will be executed only if the market “agrees” to the price at which you placed it, for example, there is a buyer who wants to buy Bitcoin at this price. Otherwise, the order will not be executed, and to sell the BTC you will have to cancel it and reset it at a different price (or wait for the exchange price to come to your order, which may not happen, or take a long time).
Sale of BTC for UAH on a counter buy order
If you do not want to wait for the execution of your order and are ready to sell the BTC at the purchase price (see the top line of the “Buy” column - this is the best purchase price), click on the line with this price. Counter order data will appear in the order placement field, and you can change the number of BTC or the total amount for which you want to sell them. After clicking “Sell BTC”, your order will be executed immediately (if the counter order was not executed before you pressed the button).
If the counter purchase request is too small to buy all of your BTC, you can choose the next order with the best purchase price or place your order to sell at the right price.