Spot
Spot allows you to create a public buy or sell order. Your order will be executed as soon as it meets a matching offer. And thanks to our Precedence technology, you can be sure that your order in the Order Book is executed without a "flash order" appearing at the last moment (a common practice on lightly regulated CEXs).
IBEx ensures the security of your transactions :
Payment Guarantee: Funds are held in escrow to guarantee payment.
Strong Authentication: Two-factor authentication (2FA) is implemented for added security.
User KYC (Know Your Customer): We verify the identity of our users to maintain a trusted environment.
Transaction Traceability: All transactions are recorded in Precedence for complete traceability.
How to read the Order Book ?
For each trading pair available on Spot, you can access the Depth of Market view where you can visualize the Order Book in 2 ways (Graph and table).
You can see Buy Orders in green and Sell Orders in red.
The Order book presents the list of all open buy and sell orders for a token, organized by price. So you can place your orders according to market trends.
How to find about price trends ?
Another interesting thing to know before placing your order is the price history.
Via the Price History tab, you can access the history of all orders executed for a given pair. Here again, 2 views are available: a table and a candlestick where you can choose the history period and intervals.
How to create a Buy Order ?
To place a Buy Order, simply fill in the quantity you wish to buy and the unit price at which you wish to buy.
If your order finds a match in the Order Book, it will be executed immediately and your tokens will be immediately delivered.
If your order does not find a match, or not for the full amount of your order, it will be placed in the order book, awaiting a matching order.
When an order is created, the corresponding purchase amount is placed in Escrow to guarantee the immediate execution of your order as soon as it finds a match.
How to create a Sell Order ?
Sell orders work on the same principle: you just have to choose your quantity and your price, the order book takes care of the rest.
Your order will be executed as soon as a corresponding order is found, until it is exhausted.
How to manage my orders ?
You can view all your current orders in the My Orders tab:
quantity
unit price
execution rate
From this page you can cancel an order at any time.
Once your order has been cancelled, your escrowed funds are immediately released.
In the case of an order that has already been partially executed, only the amount remaining to be executed can be cancelled.
Finally, you can view the history of all your orders and their status from the "Past Orders" tab.
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