# 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.

To access the Trading tab, open Waves.Exchange (opens new window) app, login to your account and navigate to Trading > Spot (opens new window).

Select a trading pair from the list to open the market.

You can find any available trading pair by typing name or asset ID in the search bar.

Note: Trading smart-assets is temporary unavailable.

Note: In order to add the selected pair to the favorite list, click on the star button. You can get quick information about the selected asset by clicking on the asset ID.

Use the WAVES| BTC | ETH tabs to find trading pairs with these assets. For more options, click ETH and select the base currency from the drop-down menu.

# How to Buy Cryptocurrency

Select a pair to work with and at the bottom right of the interface, select Market Order or Limit Order.

Note: Market order is a transaction which is meant to be executed as quickly as possible at the existing/market price. Limit order sets the minimum or maximum price at which you are willing to buy or sell. The order gets executed once the price level is triggered.

Fill in the fields in the order form:

In the Limit price field enter the price of the currency.

Note: By default, the Limit price sets with the nearest market price.
In the Amount field enter the amount of currency you want to buy;
In the Total field review the total amount of the order.
In the Fee field select the type of currency to pay the trading fee (Waves, BTC, ETH, TDX).

Note: The amount of the transaction fee may vary, depending on the selected cryptocurrency.

After filling in the fields, 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 My Open Orders tab and in Order Book. All the executed orders are available in My Trade History tab.

ℹ️ The trading fee is:

0.003 Waves for Asset/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 an opened order by clicking Cancel in My Open Orders tab.

# How to Sell Cryptocurrency

Choose a pair to work with and at the bottom right of the interface, select Market Order or Limit Order.

Fill the fields in the order form:

In the Limit price field enter the price of the currency.

Note: By default, the Limit price sets with the nearest market price.
In the Amount field enter the amount of currency you want to sell.
In the Total field review the total amount of the order.
In the Fee field 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 in the fields, 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 My Open Orders tab and in the Order Book. All the executed orders are available in My Trade History tab.

ℹ️ The trading fee is:

0.003 Waves for Asset/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.

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