How to place a market order?
Visit our official site https://www.xt.com/ ,log in to your account, click on top left [Trading] and choose [ standard spot] or [Pro Spot], or deposit from another platform to your account.
Note: Please make sure to transfer your assets from “ fiat account”,” futures account”,or “ margin account” to “ spot account”,or deposit from another platform to your account.
Here is an example for [ Standard Spot ]. Please choose the currency you wish to purchase, here we use “BTC/USDT” as an example; you may use “choose currency” to search for your coin.
You may choose from “limit order” and “market order”.
1.[Limit order] is a pending order, you may set the price you wish to buy or sell at. Once the market fluctuates to your desired price, the order will be fulfilled.
Choose “Limit Order’, key in “price” and “quantity”, click “buy” or “sell” to place your order.
2.[Market order] You don’t need to enter the price to buy or sell, instead, you will receive the best market price at the time.
Select "market order", enter "trusted amount" or "quantity", click "buy" or "sell" to complete the order.
(Market order entrustment means that the user can immediately execute the purchase or sale at the best current market price and fast-track the transaction. It should be noted that if the total amount of a single market price is too large, there will be cases where the unsettled part is withdrawn. At the same time, the market price commission will liquidate the market at no cost. You need to take certain risks. Please pay attention to the order and risks.)
What is Maker andWhat is Taker?
The maker refers to the order at your designated price (below the market price when the order is placed or the maker is higher than the market price) will not immediately close other orders in the in-depth list, but in the in-depth list waiting for the other party to take the initiative to close the order with you. This behavior is called the maker.
The taker refers to the order in the depth list immediately when placing the order at your designated price (crossing with the order in the market depth list). You take the initiative to close the order in the depth list. This behavior is called taker.
If the trusted amount requirements are large and there is a short supply, the unmet needs will become a new commission order and hanging as a list in the case of price-limited commission and no withdrawal order, and will continue to wait for the transaction.
Summary: In a transaction, the listed party is the party who quotes first, and the party who takes the order is the party who quotes later. Once the price is matched, the transaction is made.
How to collect the handling fee?
Whether it is a taker or maker, as long as it is completed in the spot transaction, each transaction will be charged a handling fee of two-thousandths (0.2%)