How to use <<Trade>>
Last updated
Last updated
The <<Trade>> 💹 feature brings a similar purpose as <<Convert>> but gives you the feel of a familiar traditional exchange with all the perks of a DEX. It is tailored for those who seek a more well-known trading environment within the decentralized framework of ION Finance of the 💎 TON network.
Let's start by choosing <<Trade>> on the main screen.
After that, you will see <<Trade>> main screen. For selling or buying tokens, you have the option to choose between starting a <<Market>> order or a <<Limit>> order.
1️⃣In the order type section, select <<Limit>> order. And, also, specify whether you want to <<Buy>> or <<Sell>> tokens.
2️⃣Choose the desired trading pair from the market selection.
3️⃣Set your price by inputting the price at which you wish to <<Buy>> or <<Sell>> the token.
4️⃣Specify the amount of the cryptocurrency you want to <<Buy>> or <<Sell>>.
5️⃣After that, the <<Buy>> or <<Sell>> token buttons will show up automatically. Press it and it will take you directly to the <<Confirm Order>> screen.
6️⃣Check the details of your order, including fees and the total cost for buys or the total receivable for sells.
7️⃣Place the <<Limit>> order by pressing the <<Confirm>> button.
8️⃣Your order will be added to the order book and wait to be filled when the market price reaches your specified price.
9️⃣You can watch the status of your order in the <<Open Orders>> section.
🔟Once the market price hits your limit price, the order will be executed. You're good to go!
1️⃣In the order type section, select <<Market>> order. And, also, specify whether you want to <<Buy>> or <<Sell>> tokens.
2️⃣Choose the desired trading pair from the market selection.
3️⃣Specify the amount of the cryptocurrency you want to buy or sell.
4️⃣After that, the <<Buy>> or <<Sell>> token buttons will show up automatically. Press it and it will take you directly to the <<Confirm Order>> screen.
5️⃣Check the details of your order, including fees and the total cost for buys or the total receivable for sells.
6️⃣Once you're satisfied with the order details, press <<Confirm>> and submit your order.
7️⃣The order will be executed immediately at the current best market price!
8️⃣After execution, check your account balance to see the updated holdings.
After execution verify the completion of the trade in your <<Order History>> and check your balance for the new holdings!
9️⃣If desired, review the executed order in your order history to confirm the trade details! Congrats your <<Market>> order was successfully executed!
