From Main Menu, click Dashboard.
Click the MARGIN at the top right of the page to switch to margin market.
In the panel on the left of the page, click Market. This is to set that you are making a market order.
Fill in the quantity of your order, leverage rate, and mode.
- QUOINE offers leverage rate from 2x to 25x. At 25x, you will be asked to confirm that you are aware of the high rate in margin trading and the high profits/losses it can concur.
- For Mode, QUOINE offers One-Direction and Two-Direction trading modes. In One-Direction, once you place a long or short order, the next order you can place can only be in the same direction (long for long, short for short). In Two-Direction, the next order you place can be in the opposite direction.
Scroll down within the panel to check average price (“Avg. Price”), fee, margin needed for the order (“Margin”), and daily interest of the loan you will take to place this order. Read more about daily interest here.
Click Buy or Sell to submit.
A popup confirmation will ask you to confirm the order you are about to make. Click Confirm to agree that you will place this order, or Dismiss to stop the action. If you click Confirm, the next popup will confirm that the order has been placed successfully. Click Dismiss again.
If your order is fully filled, it will not show up under the default view of Orders panel (“Live” status). You can change the filter to “All” status to see the order, or switch to the Positions for better monitoring.