[KEX Exchange] Buy & Sell Your Coin
- 2018.12.13
- English Article KEX
On KEX exchange, you can buy & sell your coins at “market order” and at “limit order”. Let’s grab a brief definition of these words first.
(1) Limit Order
Limit orders allow you to set a maximum purchase price for your buy order, or a minimum sale price for your sell orders. If the market doesn’t reach your limit price, your order will not be executed. Good for those who are not in a hurry, and those who want a good deal.
(2) Market Order
Market orders will go into market to execute at the best available price. Good for those who want an immediate deal.
OK, let’s see how to buy & sell your coins!
2. Select the coin you want to exchange, from the coin list on the left (let’s take RIA here as an example).
3. Scrolol down to the screen of buy & sell.
From here, let’s categorize the instruction into 4 cases.
Buy at Limit Order (Set Buying Price & Wait)
1. Enter “Buying Price” and “Amount”. Click “BUY RIA”.
2. If needed, enter “Trade Password” and click “Confirm”.
3. Move onto next screen.
* This status shows I set the price for 100,000 RIA at “0.007005 USDT”. When someone sells RIA at this price, you can make a purchase.
* You can cancel the limit order by clicking “Cancel”.
Look here, the screen says “No Records”, which means your order is completed!
Buy at Market Order (Buy Now)
1. Click “Sell 1” at the selling board on the left, and the same price will be reflected at “Buying Price”. Enter “Amount” and click “BUY RIA”.
* This example shows how to buy coins at lowest price at the moment.
2. If needed, enter “Trade Password” and click “Confirm”.
3. Move onto next screen. Your order is completed!
* “Latest Order” on the bottom left shows the latest deals (sort by newest).
Sell at Limit Order (Set Selling Price & Wait)
1. Enter “Selling Price” and “Amount”. Click “SELL RIA”.
2. If needed, enter “Trade Password” and click “Confirm”.
3. Move onto next screen.
* This status shows I set the price for 100,000 RIA at “0.007325 USDT”. When someone buys RIA at this price, you can sell it at this price.
* You can cancel your order by clicking “Cancel”.
Look here, the screen says “No Records”, which means your order is completed!
Sell at Market Order (Sell Now)
1. Click “Buy 1” at the buying board on the right, and the same price will be reflected at “Selling Price”. Enter “Amount” and click “SELL RIA”.
* This example shows how to sell coins at highest price at the moment.
2. If needed, enter “Trade Password” and click “Confirm”.
3. Move onto the following screen. Your order is completed!
OK, that’s all about “Buy & Sell Your Coins”.
Get a deeper understanding for “Limit OPrder” and “Market Order”, and let’s get used to trading!