# Start Trading on Waves.Exchange
⚠️ Before sending, receiving and trading crypto assets, educate yourself to make informed decisions. Crypto assets are volatile, and the prices can go up and down. Carefully evaluate your trading goals and the financial risk you are willing to take. Please beware that Waves.Exchange does not provide financial, tax, or legal advice. You should make such decisions on your own or consult with reliable experts.
Open your Waves.Exchange wallet.
At the top-left menu click Trading.
Then, choose trading pair from the list and selected market will open.
You can find any available trading pair. Just type a name or asset ID in the search bar. Then, choose the found trading pair.
Note: In order to add the selected pair to the favourite list, just click on the star button. Also, you can get quick information about the selected token through by clicking on the asset ID.
Use the WAVES| BTC | ETH tabs to find trading pairs with these assets. If you need more options, just click on the ETH and select the base currency from the drop-down menu.
# How to Buy Cryptocurrency
Choose a pair you want to work with and at the bottom right corner of the interface, select Market Order or Limit Order.
Note: A market order is a transaction which is meant to be executed as quickly as possible at the existing/market price. On the other hand, a limit order sets the minimum or maximum price at which you are willing to buy or sell. The order gets executed once price level is triggered.
Fill the fields in the order form:
In the Limit price enter the price of the currency.
Note: By default, the Limit price sets with the nearest market price.
In the Amount enter the amount of currency you want to buy;
In the Total review the total amount of the order.
In the Fee select the type of currency to pay the trading fee (Waves, BTC, ETH, TDX).
Note: The amount of the transaction fee may vary, based on the selected cryptocurrency.
After filling, click Buy ----, where ---- is the currency of the selected pair.
The maximum order time is 29 days. You can change the order time in the Expiration field. After the expiration of the selected period, the order will be forcibly canceled.
The placed order will appears in the My Open Orders tab and in the Order Book (upper right corner). All executed orders are available in the My Trade History tab.
ℹ️ The trading fee is:
- 0.003 Waves for Asset/Asset pair,
- 0.007 Waves for Asset/Smart-asset pair,
- 0.011 Waves for Smart-asset/Smart-asset pair. The fee will be frozen for the order fee. If the order is not executed and then canceled, the fee be will be unfrozen.
You can cancel opened order by clicking Cancel in My Open Orders tab.
# How to Sell Cryptocurrency
Choose a pair you want to work with and at the bottom right corner of the interface, select Market Order or Limit Order.
Note: A market order is a transaction which is meant to be executed as quickly as possible at the existing/market price. On the other hand, a limit order sets the minimum or maximum price at which you are willing to buy or sell. The order gets executed once price level is triggered.
Fill the fields in the order form:
In the Limit price enter the price of the currency.
Note: By default, the Limit price sets with the nearest market price.
In the Amount enter the amount of currency you want to sell.
In the Total review the total amount of the order.
In the Fee select the type of currency to pay the trading fee (Waves, BTC, ETH, TDX).
Note: The amount of the transaction fee may vary, based on the selected cryptocurrency.
After filling, click Sell ----, where ---- is the currency of the selected pair.
The maximum order time is 29 days. You can change the order time in the Expiration field. After the expiration of the selected period, the order will be forcibly canceled.
The placed order will appears in the My Open Orders tab and in the Order Book (upper right corner). All executed orders are available in the My Trade History tab.
ℹ️ The trading fee is:
- 0.003 Waves for Asset/Asset pair,
- 0.007 Waves for Asset/Smart-asset pair,
- 0.011 Waves for Smart-asset/Smart-asset pair.
The fee will be frozen for the order fee. If the order is not executed and then canceled, the fee will be unfrozen.
You can cancel opened order by clicking Cancel in My Open Orders tab.
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