Buy Order:
The order to buy Crypto-currency on current best available rate or wait until it reaches the demanded-price is called a buy order.
To place a buy order, choose the crypto-currency you wish to transact (Bitcoin/Litecoin/Bitcoin Cash/Ethereum/Dogecoin/DASH) on Buy/Sell menu. On the opening crypto-currency page (E.g "Buy Bitcoin"), write the amount you wish to buy on "Amount" box. First line on the buy order list is the current price. If you would like to proceed on the current price, you can view the amount you afford to buy and its Turkish lira exchange by clicking "All" button.
If you would like to determine your own buy price, you can place a buy order with typing on price section. The order you placed stays on open order list until it finds a match on other users. When other users placed a sell order on your pre-placed buy order, the buying occurs and the amount will be transacted to your balance.
Sell order:
The order to sell Crypto-currency on current best available rate or to wait until it reaches the demanded-price is called a sell order.
To place a sell order, choose the crypto-currency you wish to transact (Bitcoin/Litecoin/Bitcoin Cash/Ethereum/Dogecoin/DASH) on Buy/Sell menu. On the opening crypto-currency page (E.g "Sell Bitcoin"), write the amount you wish to buy on "Amount" box. First line price on the buy order list is the current price you can make sales. If you wish to proceed on this price, you can view the price you may sell by clicking "All" button.
If you would like to determine your own sell price, you can place a sell order with typing on price section. The order you placed stays on open order list until it finds a match on other users. When other users placed a buy order on your pre-placed sell order, the sale occurs and Turkish lira exchange of the amount will be transacted to your balance.
Need-to-know details on buy/sell order:
- Open Orders of transacting crypto-currency are listed under Buy/Sell page.
- "Total" over price you determined for buying transactions is the amount will be withdrawn from your Turkish lira balance. The difference between "Total" and the amount multiplied by the price will be transaction commission fee.
- If user buys cheaper than weighted average price one determined on buy order, the difference refunds to balance.
- "Total" over price you determined for sale transactions is the amount will be deposit to your balance. The difference between "Total" and the amount multiplied by the price will be transaction commission fee.
- If user sell more the price one determined on sell order, the difference and surplus refund to balance.
- When a buy order is placed, commission fee is calculated considering the requisites will be fulfilled by whole order and charged from your account.
- In such cases like a cheaper match to a buy order, cancellation after a part of it is matched or complete cancellation without matching, there will be lower commission amount and the difference is refunded to users balance.
- For every placed order, minimum 0,5 ₺ commission fee is charged. If calculated commission fee of the order is less than 0,5₺, this amount will be charged on the first match. If none of the order is fulfilled, commission fee of 0,5₺ isn't charged. After 0,5₺ commission fee on your first match, commission fee is not charged till it reaches up to 0,5 ₺.
- Check out our article, entitled Alış/satış işlemleri için belirlenen komisyon ücreti nedir? for more detailed information on commission fees.
What is a depth table?
Depth table is a table which shows Buy/Sell orders placed by users and order number from different prices.
Check out our article entitled Bitcoin/Litecoin/Bitcoin Cash/Ethereum/Dogecoin/DASH fiyatları nasıl belirlenir? for more detailed information on depth table and crypto-currency prices.
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