Order Types

Order types:

• Market: Executes immediately as a taker order at next price(s) tokens are available

  • User pays taker fee as displayed on trading pair

  • Buy side order will take from the bid/offer at next available price above market price

  • Sell side order will take from the ask at the next available price below market price

  • Only requires user to enter the total amount you wish to buy or sell

• Limit: Executes at the selected limit price, better, or not at all

  • User pays maker (lower) fee as displayed on trading pair

  • Requires user to set desired price and amount to trade

  • Post: option to place in market as "Post-Only"

    • Even if order price matches existing order in the market, this order will not convert to a taker order and fill immediately; it will remain a maker order only

    • Can be seen in the order book

  • IOC: option to place limit order as an "Immediate-or-cancel" order

    • Order attempts to execute immediately and as fully as possible

    • Any remaining size in the order that fails to fill will be canceled

The Trade Parameters panel for each trading pair shows essential information for placing different orders including minimum order size, minimum size increments, and minimum price increments