How to trade coins with Cointree
What are the ways to trade coins at Cointree?
We currently offer two order types to choose from when buying coins: ‘Market price’ and ‘Quoted price’.
To make a trade, click on ‘Buy/Sell/Trade’ then the ‘Trade Coin’ tab. This will lead you to the ‘Trade Coin’ page. Here, you’ll be able to select your order and complete them.
Placing your trade
Firstly, you’ll need to choose between a ‘Market price’ and ‘Quoted price’ order.
What’s the difference between market price and quoted price orders?
Market price orders will be successful regardless of price changes in the market, while quoted price orders will only be successful when the quoted price is available.
To trade using both the Market Price and Quoted price feature, please refer to the following:
Click on the ‘Market price’ box to use this order type. If you'd like to use our Quoted price feature, please click on the ‘Quoted price’ instead.
Select the coin you would like to sell.
You will then be able to see and choose a coin from the list of coins available along with their balances. You can even type in the coin name or symbol in the provided search box to find the coin of your choice.
Once you have selected a coin, you will then need to enter the amount of the coins you would like to trade.
You can see your total available balance of the coin on the right side of ‘Amount’, under ‘Available’. In the example below, you can see that the account currently has 0.00622627 BTC in their account.
You will be prevented from entering a figure higher than your total available balance, you may however choose an amount that is less than your total balance.
You can then select the coin you would like to buy by clicking on ‘Select a coin to buy‘.
You will then be able to see and choose a coin from the list of coins available. You can even type in the coin name or symbol in the provided search box to find the coin of your choice.
Review your trade summary to ensure that you are buying the right coin and the right amount, with the right coin.
The trade summary lists the amount you’re selling - your ‘Coin to sell’, the amount you're buying - ‘Coin to buy’, the fee charged by Cointree ‘Cointree fee’, and the total amount of both the coins you're trading. For example, the customer below wants to purchase ADA using BTC.
You can then tick the “I accept the Cointree terms of service & refund policy” box and ‘Confirm’ to proceed with the trade.
You will get a successful message stating “Your trade is complete.” once your order has been executed.