To open a spot order on XBO.com, follow these steps:
Step 1.Tap on Trade at the bottom of the app. You’ll see a list of currency pairs. Select the one you want.
Step 2.On the next page, tap on Order.
Step 3.Choose whether you want to open a market order or a limit order. To do this, check for the drop-down list below the Sell option and select the type of order you need.
Step 4.Your next actions depend on the type of order you’ve selected.
1. Market order:a) To buy:
- Choose the Buy option in the middle of the screen.
- Enter the amount of crypto you want to buy in the Receive
- Check how much it will cost in the Spend
- Tap Buy at the bottom of the screen.
- Choose the Sell option in the middle of the screen.
- Enter the amount of crypto you want to sell in the Spend
- Check how much you can sell it for in the Receive
- Tap Sell at the bottom of the screen.
Your market order will be executed immediately.
a) To buy:
- Choose the Buy option in the middle of the screen.
- Enter the amount of crypto you want to buy in the Receive
- Check for the market price in the Spend
- Set the limit price you’re ready to pay in the Price
- Tap Buy at the bottom of the screen.
- Choose the Sell option in the middle of the screen.
- Enter the amount of crypto you want to sell in the Spend
- Check for the market price in the Receive
- Set the limit price you want the get for your crypto in the Price
- Tap Sell at the bottom of the screen.
Your limit order will be executed when there is a seller/buyer ready to close the deal on your terms or when the crypto’s market price reaches the limit you’ve set.
