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How to Start Cash Trading on AscendEX 【APP】
Publicar el 2020-09-17
1. Open AscendEX App, visit [Homepage] and click on [Trade].
2. Click on [Cash] to visit cash trading page.
3. Search and select a trading pair, select an order type and then place a buy/sell order.
4. Take limit/market order as an example to see how to place an order:
1. A limit order is an order to buy or sell at a specific price or better
2. A market order is an order to buy or sell immediately at the best available price on the market
5. Let’s say you want to place a limit order to buy BTC:
1. Select [Limit Order]
2. Enter an order price and size
3. Click on [Buy BTC] and wait for the order to be filled at the price you entered
6. After the buy order is filled, you can choose to place a limit order to sell:
1. Select [Limit Order]
2. Enter an order price and size
3. Click on [Sell BTC] and wait for the order to be filled at the price you entered
7. If you want to place a market order to buy BTC:
1. Select [Market Order], and enter an order size
2. Click on [Buy BTC] and the order will be filled immediately at the best available price on the market
8. If you want to place a market order to sell BTC:
1. Select [Market Order] and enter an order size
2. Click on [Sell BTC] and the order will be filled immediately at the best available price on the market
9. Order details can be viewed at the bottom of the trading page.
Notes:
When the order is filled and you are worried that the market might move against your trade, you can always set a stop-loss order to limit potential losses. For further details, please refer to How to Stop Loss in Cash Trading [App].