Sell Order
Here is a step-by-step guide on how to sell your cryptocurrency on Tokenize Xchange.
Content:
- Selecting Market
- Selecting Market and Coin to sell
- Selling
3.1. Limit Sell
3.2. Market Sell - Confirming Order
- View your order
- Cancel Sell Order
Step 1: Go to Market
Select Market on your dashboard. You will see this page.
Step 2: Selecting Market and Coin to sell
Click on the market you wish to sell your cryptocurrency.
E.g. If you wish to trade SGD-BTC, click on SGD Markets tab, under the tab you will see BTC/SGD, and click Trade.
Click on BTC under the SGD tab and scroll down to sell your BTC.
After selecting “Trade” you will see this page on the dashboard.
Step 3: Selling
3.1. Limit Sell
A limit sell order will be filled at a specified price. Any quantity that is not filled rests on the continuous order book until it is filled or canceled.
Your Balance: BTC balance left in your account.
Price per BTC: Key in the price to sell for 1 BTC in SGD.
Amount BTC: Key in the amount of BTC to sell.
Time In Force:
- Good Till Cancelled (GTC): Your order will stay on the order book until they have been completely filled or until you manually cancel it.
2.2. Market Sell
A market sell order will be filled immediately at the best market price at the time of your order.
Your Balance: BTC balance left in your account.
Market: Your order will be filled immediately at the best market price at the time of your order.
Amount: Key in the amount of BTC to sell.
Sell: Once the Amount is filled correctly, you may click on “Sell BTC” to confirm your Total Ask.
Step 4: Confirming Order
You will see a confirmation window. Check all the details. Please see the trading commission fee here. Click “Confirm” to proceed or “Cancel” to cancel the transaction.
Fee: The trading commission fee charged for the order.
Total: This will show the total SGD you will be asking for the amount of BTC you are selling.
Sell: Once Amount and Price are filled correctly, you may click on “Confirm” to confirm your Total Ask.
After confirming the order, you will see a green notification at the top of the page indicating that your order has been successfully placed.
Step 5: View your order
You may view your order by selecting “Orders” and “Finished Orders“.
Under “Finished Orders“, you are able to view your completed orders.
Step 6: Cancel Sell order
Click on “Pending Orders” to view all of your pending orders.
Each order will show detailed information such as Date, Market, Side, Order Type, Price, Total Units, Amount, and Filled.
For orders that are still pending, you can click on “Cancel” to cancel your order.
