In Exchange PRO, you will have access to a versatile platform that allows you to open buy and sell orders at limit or market price. To get started, make sure you have the two step authentication enabled in your account so you can log in.

Once inside Exchange PRO, go to the "Account" section and select the currencies you want to operate with.

Before starting to operate in the market, it is necessary to make a transfer from your Wallet to your Spot account. This way you will be ready to start your trading adventure.

Trading is a way of negotiating and speculating in financial markets with the aim of obtaining short-term returns (weeks, days, hours and even minutes), as opposed to a long-term investment. This type of operations covers currencies, commodities, stocks, futures, among others.

In Exchange PRO, you can trade buying and selling at limit price using market orders. Your profit is obtained from the differences in value between the purchase and the sale.

How to buy? Selecting the cryptocurrency pair you want to trade is the first step. Then, choose the "Market" option if you want to buy at the market price or "Limit" if you prefer a specific price for the purchase. Additionally, you can activate the "Stop Price" so that your order is automatically executed when the predefined price is reached. Indicate the amount of cryptocurrencies you want to acquire, and the system will inform you of the cost of the operation and the fees. Then, just click "Buy Market" and you're done!

How to Sell? Selling your cryptocurrencies is just as simple. Click the "Sell" button and select the "Market" option to sell at the market price or "Limit" to set a specific price. As with the purchase, you can activate the "Stop Price" if you prefer. The choice is in your hands.

The first thing you should do is select the pair you want to trade in the INSTRUMENTS section.

What are the types of orders?
In Exchange PRO, you can open buy and sell orders of three types: Market, Limit and Scaled.

MARKET ORDERS

A market order involves buying or selling an asset at the current market price. This price is determined as the best price available on the order book for the asset at the time you place the order.

LIMIT ORDERS

Limit Price orders allow you to set a specific price different from the market price to execute trades in the future, once the stipulated price is reached.

Limit Order

A limit order involves entering a specific price different from the market so that the trade is executed when the market reaches that value.

• Limit Buy Order: The "Limit Price" is set below the current market price.

• Limit Sell Order: The "Limit Price" is set above the current market price.

When you execute a limit order, the funds required for the trade are reserved in your account, and this order is displayed in the order book.

Limit Order con Post-Only

A "Post-Only Limit Order" order is placed on the order book only if it is unique and is canceled if it matches an existing order. This option guarantees that you will never pay the "taker" fee.

Limit con GTC - Good-Till-Cancelled

"Good Till Cancelled" (GTC) is an instruction that indicates that a limit order should remain open until it is fully executed or manually canceled.

Generally, cryptocurrency platforms include this option by default.

Limit con IOC – Immediate-Or-Cancel

Immediate-Or-Cancel (IOC) orders must be executed in full immediately. Any part of the order that is not completed immediately must be cancelled.

For example, if you submit an order to buy 10 BTC at $10,000 but can only get 5 BTC at that price, the order will only buy those 5 BTC and the rest will be closed automatically.

Limit con FOK – Fill-Or-Kill

Fill-Or-Kill (FOK) orders must be executed immediately and completely or not executed at all.

If an order indicated that you would buy 10 BTC at $10,000 and it was only partially filled, the order will be completely removed.

Limit con Day Order

A "Day Order" keeps the order active until the end of the trading day.

Limit con GTD – Good-Till-Date

"Good Till Date" (GTD) allows you to buy or sell at a specific price until a predefined validity date. The order will remain in effect until it is executed, expires or is canceled on the stated validity date.

SCALED ORDERS

Order Escalation is an intelligent algorithm that allows traders to save time entering orders and focus on their strategy. This algorithm automates the creation of multiple limit orders within a user-defined price range. With this tool, you have greater control over the diversity and distribution of your orders within the selected price range.

What are open/active orders and completed orders?

In Exchange PRO, Open/Active Orders and Completed Orders are important elements of your trading experience that you will be able to see on the platform.

Within the "My Orders and Trades" section, you will have access to your complete trading history.

Active Orders:

These are the limit price orders that have not yet been executed and are visible in the "Active Orders" tab. If you wish to cancel any of these orders, you may do so at any time without incurring any additional fees. Simply click the "X" on the right side of the open order to cancel it.

Canceled and Rejected Orders:

Orders that you have canceled or that have been rejected will be displayed in the corresponding tab for a period of 24 hours. This allows you to have a complete record of operations that were not executed for some reason.

Completed Orders:

Orders that have already been completed and executed, whether buy or sell, are considered Completed Orders. These orders are no longer active and can be reviewed in the "Completed Orders" tab within the aforementioned section.

With this information, you will have greater control and understanding of your trading activity in Exchange PRO.

CONDITIONAL ORDERS

Market Order Conditional

Market Order Conditional orders are an option that allows users to buy or sell when the market reaches a specific price. In this case, your order will be executed at the market price once it reaches the predefined price.

It is important to mention that "Stop Price" orders do not reserve funds in your account.

To buy or sell, simply select the "Market" option if you wish to transact at the market price. Then, you have the option to activate the "Stop Price" to specify the price at which you want the purchase or sale to be made. You can also choose the amount of cryptocurrency you want to involve in this transaction. The system will inform you of the cost of the operation and the associated fees.

Finally, you just have to click on "Buy Market" and you're done! That's how simple it is to place a market order.

Limit Order Conditional

A "Limit Conditional" order means that you create a limit order at a specific price. Once the Stop Price is reached, the order becomes a limit order.

It is necessary to specify both the "Stop" command and the "Limit" command. "Stop Limit" orders do not reserve funds and do not appear in order books until they are activated.