How to Trade on Cryptology

Na-update · 18 Enero 2023 · 12:48

Web Version – www.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 get started:

Step 2: next to the price chart you can find the order placement window. There are two main types of orders:

Limit (Limit Order) and Market (Market Order). The main difference between these types of orders is that with a market order, you do not need to manually set the price of the order, and the order itself will be instantly executed at the current price of the asset. To place a market order you need to select the currency and amount you want to buy or sell and click the Buy button (Sell if you would like to sell your assets). The order will be instantly executed at the market price. It is not possible to cancel a Market Order.

Please note, that you should have enough currency on your balance that you want to exchange. If the number of assets is not enough, you will receive a notification when placing an order. You can also check this on the Balances tab.

Step 3: A limit order executes at a selected price, which you need to set manually. In order to place a Limit Order, you need to enter the order volume and the price at which the order should be filled.

The order will be executed when the asset price reaches the specified values. Thus, there is no guarantee that the order will be filled, since the price of the asset may never reach the values you specified.

To cancel a Limit Order, please find the window with your open orders (under the price chart window) and click on the “X” button.


Risk Reminder: Investing in digital assets involves high risks due to large price fluctuations. Before investing, please consider all the risks of investing in digital assets and be careful with your investment decisions.


Mobile app

Step 1: Click on the "Exchange" tab to get started:


Step 2: Let's take a Market order as an example. Select the asset and then enter the amount you would like to buy/sell and click the “Buy”/ “Sell” button. The order will be immediately executed at the market price.


Step 3: To place a Limit Order, select a currency pair, specify the execution price, and order volume and click the “Buy” button (Sell if you are selling).

A Buy Limit Order can only be executed at or below the specified price, and a Sell Limit Order can only be executed at or above the specified price. Thus, there is no guarantee that it will be executed, as it depends on the market price.


There are two ways to cancel a Limit Order:

1. Go to the tab “Exchange” -> “Orders”. Click on the order you are interested in. Here you can see all information about the order: quantity, price, time, and status. You can also cancel the order in this window:

2. Go to the “Exchange” -> “Markets” tab and select the asset you are interested in. Click on the "Open Orders" tab under the price chart. There you can see all the information about your active orders: quantity, price, time, and status. You can also cancel the order in this window in the way described above. 

How to check the order history?

Go to the tab “Exchange” -> “Orders”. In this window, you will see information about both open orders and already executed orders.

Risk Reminder: Investing in digital assets involves high risks due to large price fluctuations. Before investing, please consider all the risks of investing in digital assets and be careful with your investment decisions.


© Cryptology 2024, Cypher Trading, UAB. Eišiškių Sodų 18-oji g. 11, Vilnius, LT-02194 Lithuania
Awtorisado na magbigay ng virtual na palitan ng salapi at mga serbisyo sa pag-iingat sa ilalim ng pangangasiwa ng Lithuanian Financial Crimes Investigation Service (FCIS).