How to Place a Limit Order
With the help of the trading widget, you can place limit orders quickly and effortlessly. The limit order type in the trading widget lets you manually enter or configure the percentage of cryptocurrencies to be bought and sold and the buying/selling price.
A limit order is a type of order to buy or sell a cryptocurrency at a specific price or better.
In this documentation, you will understand how to:
Place a limit buy order
Place a limit sell order
Let’s begin.
Step -1: To place a buy limit order, simply enter the price into the Price text field.
Users can also enter the price by clicking on the Currency symbol above the price text field and selecting the Bid, Ask or Last option from the drop-down. This automatically populates the price text field depending on the latest bid/ask/last price.
Users can also enter the price by clicking on the Crosshair icon in the price text field and selecting the desired price on the chart.
Step -2: Enter the amount you want to spend for the order into the Spend text field.
Users can also enter the amount they want to spend for the order by clicking on the Percentage icon above the price text field and selecting the desired percentage from the drop-down. This calculates the amount of their current balance based on the selected percentage. For instance: 100% means that all of the user’s current balance will be spent on the order.
Once the amount is entered into the spend field, Altrady will automatically calculate how much cryptocurrency can be purchased. The amount of cryptocurrency that can be purchased will be shown in the Buy text field.
Users can also directly set/enter the amount of cryptocurrency they want to purchase by simply entering the amount in the Buy text field. Based on this input, Altrady would automatically determine the corresponding buy price to achieve the target buying amount. Note that this doesn’t include the exchange’s fee.
Users can click on the Reset form button if they want to clear the fields.
Step -3: Click on the Place order button to proceed.
Step -4: Once you click on the place order button, Confirm the order dialog will pop up. Click Confirm to complete the order.
On the bottom part of the widget, information about the currently selected market is updated automatically. These include the available amount of coins you have, amount of coins that are in reserve for open orders and total value.
When the Auto-confirm orders option in the trading widget is checked, orders are created as soon as the Place order button is clicked. Corresponding error messages are shown when creating an order is failed- Insufficient funds, quantity too low, etc.
When the Auto-confirm orders in the trading widget is unchecked, Confirm the order dialog would be displayed when you click on the Place order button. Users would have to click on the Confirm button to complete the order.
Step -1: To place a limit sell order, simply enter the price into the Price text field.
Users can also enter the price by clicking on the Currency symbol above the price text field and selecting the Bid, Ask or Last option from the drop-down. This automatically populates the price text field depending on the latest bid/ask/last price.
Users can also enter the price by clicking on the Crosshair icon in the price text field and selecting the desired price on the chart.
Step -2: Enter the amount of cryptocurrency you want to sell into the Sell field.
Users can also enter the amount of cryptocurrency they want to sell by clicking on the Percentage icon above the Sell field and selecting the desired percentage from the drop-down. This calculates the amount of their current balance based on the selected percentage. For instance: 100% means that all of the user’s current balance will be spent on the order.
In the Receive field, users can enter the amount they want to receive by selling the cryptocurrency. Based on this input, Altrady would automatically determine the corresponding sell price to achieve the target selling amount.
Step -3: Click on the Place order button to proceed.
Step -4: Once you click on the place order button, Confirm the order dialog will pop up. Click Confirm to complete the order.
On the bottom part of the widget, information about the currently selected market is updated automatically. These include the available amount of coins you have, amount of coins that are in reserve for open orders and total value.
If you still have any doubts, please feel free to chat with our customer support service.
A limit order is a type of order to buy or sell a cryptocurrency at a specific price or better.
In this documentation, you will understand how to:
Place a limit buy order
Place a limit sell order
Let’s begin.
How to Place a Limit Buy Order
Step -1: To place a buy limit order, simply enter the price into the Price text field.
Users can also enter the price by clicking on the Currency symbol above the price text field and selecting the Bid, Ask or Last option from the drop-down. This automatically populates the price text field depending on the latest bid/ask/last price.
Users can also enter the price by clicking on the Crosshair icon in the price text field and selecting the desired price on the chart.
Step -2: Enter the amount you want to spend for the order into the Spend text field.
Users can also enter the amount they want to spend for the order by clicking on the Percentage icon above the price text field and selecting the desired percentage from the drop-down. This calculates the amount of their current balance based on the selected percentage. For instance: 100% means that all of the user’s current balance will be spent on the order.
Once the amount is entered into the spend field, Altrady will automatically calculate how much cryptocurrency can be purchased. The amount of cryptocurrency that can be purchased will be shown in the Buy text field.
Users can also directly set/enter the amount of cryptocurrency they want to purchase by simply entering the amount in the Buy text field. Based on this input, Altrady would automatically determine the corresponding buy price to achieve the target buying amount. Note that this doesn’t include the exchange’s fee.
Users can click on the Reset form button if they want to clear the fields.
Step -3: Click on the Place order button to proceed.
Step -4: Once you click on the place order button, Confirm the order dialog will pop up. Click Confirm to complete the order.
On the bottom part of the widget, information about the currently selected market is updated automatically. These include the available amount of coins you have, amount of coins that are in reserve for open orders and total value.
When the Auto-confirm orders option in the trading widget is checked, orders are created as soon as the Place order button is clicked. Corresponding error messages are shown when creating an order is failed- Insufficient funds, quantity too low, etc.
When the Auto-confirm orders in the trading widget is unchecked, Confirm the order dialog would be displayed when you click on the Place order button. Users would have to click on the Confirm button to complete the order.
How to Place a Limit Sell Order
Step -1: To place a limit sell order, simply enter the price into the Price text field.
Users can also enter the price by clicking on the Currency symbol above the price text field and selecting the Bid, Ask or Last option from the drop-down. This automatically populates the price text field depending on the latest bid/ask/last price.
Users can also enter the price by clicking on the Crosshair icon in the price text field and selecting the desired price on the chart.
Step -2: Enter the amount of cryptocurrency you want to sell into the Sell field.
Users can also enter the amount of cryptocurrency they want to sell by clicking on the Percentage icon above the Sell field and selecting the desired percentage from the drop-down. This calculates the amount of their current balance based on the selected percentage. For instance: 100% means that all of the user’s current balance will be spent on the order.
In the Receive field, users can enter the amount they want to receive by selling the cryptocurrency. Based on this input, Altrady would automatically determine the corresponding sell price to achieve the target selling amount.
Step -3: Click on the Place order button to proceed.
Step -4: Once you click on the place order button, Confirm the order dialog will pop up. Click Confirm to complete the order.
On the bottom part of the widget, information about the currently selected market is updated automatically. These include the available amount of coins you have, amount of coins that are in reserve for open orders and total value.
If you still have any doubts, please feel free to chat with our customer support service.
Updated on: 28/03/2023
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