What are the order types available on Trakx?
There are multiple order types available on Trakx. In this help article, we will walk you through them. There are two order types you'll see in the order form on Trakx: Limit Market What is a Limit order? A limit order is an order executed when it is matched with an order of the same price on the opposite side. For example: If the price of L1CEX (CentralFew readersWhat is a Market Order and how do I use Market order?
This guide will walk you through the simple steps to making your first Market order. A market order is the quickest way to buy or sell your cryptocurrency and tokens. Once received by the system, a Market order is matched and filled right away, as long as there are buyers and sellers on the Order Book. Using a Market order to trade, means you accept to trade at the current market price. Get started with Market orders Follow these steps to make a Market order: Log in and navigateFew readersCryptocurrencies on Trakx
There are more than 10 crypto indices listed on Trakx, including: Centralised Exchange Decentralised Exchange Lending, Top10 crypto Top10 Crypto Top 10 NFT And many more... Use the Trakx dashboard to explore the list of assets we have available and follow us on Twitter to be the first to hear about new listings. Have a question about any of the indices on Trakx? ContactFew readersWhen does the limit order I set gets executed?
A limit order is set to match and fill when market price hits the limit you have set. Limit Order is the default option you will use on the Order Form. A limit order is used to prevent slippage that is often caused by big market orders. Below is a screenshot of the Order Form set to Limit order on the L1CEX/USDC pair. Funding currency in this case is USDC by default. To plFew readersHow to start trading on Trakx?
The following guide will provide everything you need to begin your trading journey on Trakx. Follow these steps to get started and make a trade: Navigate to the “Trade” tab in the top menu and click on “Advanced” mode. Choose the index you would like to trade from the left menu. (https://storage.crisp.chat/users/helpdesk/website/b3cc35aab5c7e800/9cf1d681-bd7Few readersHow to buy/sell indices on Trakx?
Log in or register on http://www.trakx.io Select an index Select an index on the left (e.g : interoperability, scalability, infrastructure…) Alternatively, type the index name you are looking for in the “Search” box Place your order Select the type of your order. The two main options are the market and limit orders: Market – executes your order immediately using current market price (the highest bid for a sell order and the lowest ask fFew readersFunctioning of the Trading Interface
A. General settings of the terminal. (e.g. Language, colour scheme, etc.) B. Markets. Choose the pair you would like to trade here. You can also add pairs to favourites and create watchlists in this block. C. Chart & Analysis. Check the price movement on multiple timeframes and analyse the chart with drawing tools. Your pending orders will be displayed on the chart. D. Open orders shows the orders that are not yet executed E. Order book shows the buy / sell orders (red colour represents theFew readers