Limit, Market, Stop market, Stop limit – types of orders on CoinCasso. SWAP function | CoinCasso Exchange
Limit, Market, Stop Market, Stop Limit Offers At Coincasso Pl

After creating an account on CoinCasso, you definitely want to issue your first purchase / sale order or use an existing one. You are probably wondering which type of order you should choose. The panel offers four types of orders: limit, market, stop market and stop limit, as well as the SWAP function. We explain how and when to use certain types of orders on the cryptocurrency exchange.

In each type of purchase, you can quickly choose whether you want to use 25%, 50%, 75% or 100% of your funds. Additionally, the Limit and Market options show the minimum number of transactions and the amount of the commission.

Limit

The limit order is the default order type on the CoinCasso exchange. In this type of order, you can precisely define the parameters of the order. It allows you to list a cryptocurrency at a specific price or sell it using an existing sale order.

The transaction will be carried out when the parameters of your order match the parameters of the other user’s order.

Limit – buy cryptocurrency

How to buy cryptocurrency using the CoinCasso limit order?

  1. Select Exchange from the bar on the left
  2. Select the currency pair in the top left corner, eg BTC / EUR
  3. In the lower right corner, select the order type limit
  4. Complete the data in the Buy field: if you want to use an existing order – select the order from the Market orders column; the price will be refilled automatically, you must complete the amount for which you want to buy the selected cryptocurrency; if you want to place an order – enter the price at which you want to buy the cryptocurrency and the amount for which you want to buy the cryptocurrency
  5. Press the BUY button

Limit Buy Btc At Coincasso

Limit – sell cryptocurrency

  1. Select Exchange from the bar on the left
  2. Select the currency pair in the top left corner, eg BTC / EUR
  3. In the lower right corner, select the order type limit
  4. Complete the data in the sell field: if you want to use an existing order – select the order from the Market orders column; the price will be refilled automatically, you must complete the amount for which you want to sell the selected cryptocurrency; if you want to place an order – enter the price at which you want to sell the cryptocurrency and the amount for which you want to sell the cryptocurrency
  5. Press the SELL button

By pressing the “Padlock” you block the value – it is calculated automatically, for example, if you want to buy BTC for EUR 40,000 for EUR 500, block the Amount field and fill in Sum = 500 and the price (current price).

Sell Btc Limit

Market

The market order allows you to quickly buy cryptocurrencies at the current market price. When making a cryptocurrency purchase, the system will select the first available order, even if it is unfavorable for you. For this reason, it is important to check the current market price of a given cryptocurrency.

When buying a cryptocurrency using the MARKET order, orders from the market will be immediately purchased up to the full purchase / sale amount (counting from the most advantageous for you).

Market – buy cryptocurrencies

  1. Select Exchange from the bar on the left
  2. Select the currency pair in the top left corner, eg BTC / EUR
  3. In the lower right corner, select the type of market order
  4. Complete the details in the Buy field – enter the amount
  5. Press the BUY button

Buy Market

Market – sell cryptocurrency

  1. Select Exchange from the bar on the left
  2. Select the currency pair in the top left corner, eg BTC / EUR
  3. In the lower right corner, select the type of market order
  4. Complete the data in the Sell field – enter the amount
  5. Press the SELL button

Market Sell

Stop limit

Stop limit and stop market orders are used by more advanced users and allow you to protect your resources against unplanned losses. Simply put, they postpone the execution of the transaction until the price of a given cryptocurrency reaches the activation rate you set.

A stop limit order is similar to a limit order, with the difference that the order only becomes a Market order when the cryptocurrency market price reaches a certain activation rate. You can enter the detailed parameters of the order here.

Stop limit – buy cryptocurrencies

  1. Select Exchange from the bar on the left
  2. Select the currency pair in the top left corner, eg BTC / EUR
  3. In the lower right corner, select the type of stop limit
  4. Fill in the data in the field stop limit buy: enter the activation rate (the order will be issued when this price is reached on the market); enter the price at which you want to buy the cryptocurrency; enter the amount of cryptocurrency you want to buy
  5. Press the STOP LIMIT BUY button

Stop Limit Btc Buy

Stop limit – sell cryptocurrencies

  1. Select Exchange from the bar on the left
  2. Select the currency pair in the top left corner, eg BTC / EUR
  3. In the lower right corner, select the type of stop limit
  4. Fill in the data in the field stop limit sale: enter the activation rate (the order will be issued after this price is reached on the market); enter the price at which you want to sell the cryptocurrency; enter the amount of cryptocurrency you want to sell
  5. Press the STOP LIMIT BUY button

Stop Limit Sell Btc

Stop market

The stop market order allows you to trade immediately when the market reaches the activation rate you set.

When buying cryptocurrency using the stop market order, after reaching the activation rate, orders from the market will be immediately bought up to the full purchase / sale amount (counting from the most advantageous for you).

Stop market – buy cryptocurrencies

  1. Select Exchange from the bar on the left
  2. Select the currency pair in the top left corner, eg BTC / EUR
  3. In the lower right corner, select the type of stop market
  4. Fill in the data in the field stop marker buy: enter the activation rate; enter the amount of cryptocurrency you want to buy
  5. Press the STOP LIMIT BUY button

Stop Market Buy

Stop market – sell cryptocurrencies

  1. Select Exchange from the bar on the left
  2. Select the currency pair in the top left corner, eg BTC / EUR
  3. In the lower right corner, select the type of stop market
  4. Fill in the data in the field stop marker sale: enter the activation rate; enter the amount of cryptocurrency you want to sell
  5. Press the STOP LIMIT SELL button

Stop Market Sell

SWAP function (Fast Exchange)

The SWAP function allows you to quickly exchange cryptocurrencies at the current rate. It works similar to a cryptocurrency exchange.

The SWAP function allows you to exchange:

  • fiat to crypto
  • crypto to fiat
  • crypto to crypto

How to use the SWAP function on CoinCasso?

  1. Select the currency / cryptocurrency you want to exchange
  2. Enter the amount of currency / cryptocurrency you want to exchange
  3. Select the currency / cryptocurrency you wish to receive. You will now see the approximate amount you will receive, the average price and the commission that will be charged.
  4. Press the EXCHANGE button

Swap

Maker and taker commissions

Maker commission – charged when creating a new buy / sell order and amounts to 0.25%

Taker commission – is charged when filling out a buy / sell order and amounts to 0.25%

Commissions can be reduced by up to 50% by having CCX tokens. See the table for fees and limits.

FAQ

What is the difference between the market and the limit order?

In a limit order, you can precisely define the parameters of the order, while the market will execute the transactions immediately at the best available price.

How is the stop market order different from the stop limit?

The stop limit order will be issued when the set price in the market is reached, while the stop market will allow you to trade quickly at the activation price (which you set earlier).

What is the difference between limit / stop limit orders and market / stop market orders?

The main difference is the execution time of the order. In limit / stop limit orders, you have to wait until one of the users meets the parameters of your order. On the other hand, market / stop market orders are realized immediately.

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