2022-10-06 20:01:55
1.Buy 2. Sell 3. Success!
Greetings LocalTraders! We continue the posts series about LocalTrade basics, and today we’ll learn about trading on LocalTrade.
To perform a trade you will have to use the menu at the top of LocalTrade.cc landing page, and choose
Classic spot trading1. Transfer funds to Trade Balance
Also, there is a Main and Trade balance. The main balance is used for all the operations except trading, while Trade Balance is used to create and execute orders in the trading terminal.
2. Complete an order!
To make your first trade – visit “Classic Spot Trading”. Choose the currency you want to trade and pick from 4 order types the one you need.
Fill in all the required fields. For example, to create a Limit order you will need to set the target price and amount of the asset to use. Once you filled all the fields – press “buy” to place a buy order and “sell” for a sell order placing.
OrdersThere are 4 types of orders available on LocalTrade exchange for better trading – Limit and Market orders which are best for everyday investors. Also, we have Stop-Limit and OCO (One-cancels-the-other) orders for advanced traders.
That’s it! As soon as the order is executed you will receive a notification.
And those operation will become clear for you once you watch the educational video on our channel!
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