How to Start Cash Trading on AscendEX 【APP】

1. Open AscendEX App, visit [Homepage] and click on [Trade].

2. Click on [Cash] to visit cash trading page.

3. Search and select a trading pair, select an order type and then place a buy/sell order.

4. Take limit/market order as an example to see how to place an order:

 A. A limit order is an order to buy or sell at a specific price or better

 B. A market order is an order to buy or sell immediately at the best available price on the market

5. Let’s say you want to place a limit order to buy BTC:

A.  Select [Limit Order]

B.  Enter an order price and size

C.  Click on [Buy BTC] and wait for the order to be filled at the price you entered

6. After the buy order is filled, you can choose to place a limit order to sell:

A. Select [Limit Order]

B. Enter an order price and size

C. Click on [Sell BTC] and wait for the order to be filled at the price you entered

7. If you want to place a market order to buy BTC:

A. Select [Market Order], and enter an order size

B. Click on [Buy BTC] and the order will be filled immediately at the best available price on the market

8. If you want to place a market order to sell BTC:

A. Select [Market Order] and enter an order size

B. Click on [Sell BTC] and the order will be filled immediately at the best available price on the market

9. Order details can be viewed at the bottom of the trading page.

Notes:

When the order is filled and you are worried that the market might move against your trade, you can always set a stop loss order to limit potential losses. For further details, please refer to How to Stop Loss in Cash Trading [App]. 

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