FAQ / Trading

How to Trade on Cryptology

Last updated: November 24, 2018

Web Versionwww.cryptology.com

To trade on Cryptology you need to sign up first and then pass the verification process. To do this see a step-by-step How to Get Verified guide and come back. So let’s start trading!

Step 1: Click on the “Exchange” tab to start

Step 2: Below the Price Chart and Market Depth sections you can find three types of orders: Limit, Market and Stop-Limit. Let’s start with a Market one.

Choose an asset and a preferred amount that you want to buy or sell and click on the BUY/SELL button.

Step 3: A Limit Order does not work immediately as the Market one, but executes at a specified price.

A Buy Limit Order can only be executed at the limit price or lower, and a Sell Limit Order can only be executed at the limit price or higher. So it is not guaranteed that it will be executed, as it depends on the market price.

Step 4: A Stop-Limit Order executes once a Stop Price is reached. After this condition is fulfilled, a Stop-Limit Order becomes a Limit Order. So a Stop-Limit Order requires setting two price points.

Risk Reminder: Investing in digital assets supposes high risks because of large price fluctuations. Before investing, please be aware of all the risks of investing in digital assets and be careful with your investment decisions.

Mobile Apps

Step 1: Click on the “Exchange” tab to start.

Step 2:Let’s start with a Market Order. Choose an asset and a preferred amount that you want to buy or sell and click on the “BUY/SELL” button.

Step 3: A Limit Order does not work immediately as the Market one, but executes at a specified price.

A Buy Limit Order can only be executed at the limit price or lower, and a Sell Limit Order can only be executed at the limit price or higher. So it is not guaranteed to be executed, as it depends on the market price. So choose a currency pair you wish to use, set the Limit Price and click on the “Apply” button to open your Limit Order.

Step 4: A Stop-Limit Order executes once a Stop Price is reached. After this condition is fulfilled, a Stop-Limit Order becomes a Limit Order. So a Stop-Limit Order requires setting two price points. So choose the currencies to trade, set your Stop Price first and then a Limit Price. Click on the “Apply” button.

Risk Reminder: Investing in digital assets supposes high risks because of large price fluctuations. Before investing, please be aware of all the risks of investing in digital assets and be careful with your investment decisions.