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trade_portal_faq [04/18/2023 20:19] – gfactor | trade_portal_faq [04/22/2023 16:12] – gfactor | ||
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**What is an ACCT?** | **What is an ACCT?** | ||
- | An atomic cross-chain trade (other chains call it atomic swaps) is an exchange of two crypto coins from different blockchains where the entire transaction succeeds or fails as a unit. The key point about an ACCT is that at no time does a third party have control over the coins. Specifically, | + | An atomic cross-chain trade (other chains call it atomic swaps) is an exchange of two crypto coins from different blockchains where the entire transaction succeeds or fails as a unit. The key point about an ACCT is that at no time does a third party have control over the coins. Specifically, |
**What crypto coins can be exchanged via the Trade Portal?** | **What crypto coins can be exchanged via the Trade Portal?** | ||
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**Auto Buy** - To automatically perform a series of individual trades | **Auto Buy** - To automatically perform a series of individual trades | ||
+ | **What is Auto Buy?** | ||
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+ | Auto Buy is a tool which allows you to automatically buy a series of QORT sell orders. Rather than having to manually select and execute each trade, which can take time to complete, Auto Buy lets you specify the total amount of QORT, and the HIGHEST PRICE you would like to pay in the ' | ||
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+ | How it works is that the Auto Buy automatically picks the lowest trade value orders in the market, and buys up to as many orders as possible based on the amount of coin you’ve set to trade with, and up to the trade value you’ve specified. The Auto Buy does one trade at a time, and can only trade with a complete sell order - meaning if there was an order for 100 QORT @ 0.01 LTC, the trade would be for the entire 100 QORT order (not partially if you didn’t have enough LTC to make the trade). Once Auto Buy can no longer make complete sell orders based on the parameters you have given it, it will stop trading until either there is an order that it CAN fulfill, or you cancel it. | ||
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+ | **How do I use Auto Buy?** | ||
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+ | Refer to the subsection on the [[How To Use The Trade Portal]] guide here: |