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how_to_use_the_trade_portal

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how_to_use_the_trade_portal [04/22/2023 16:10] – gfactorhow_to_use_the_trade_portal [04/22/2023 16:12] (current) – [How to use Auto Buy] gfactor
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-===== How to use Auto Buy =====+===== How To Use 'Auto Buy' =====
  
 +  * 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 'foreign coin'. Then the foreign coin AMOUNT is set automatically based on those two things.
   * Log into the Qortal UI   * Log into the Qortal UI
   * From the left side menu, click on **Trading** and select **Auto Buy**   * From the left side menu, click on **Trading** and select **Auto Buy**
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   * Enter the amount of QORT you want to buy in the **Amount (QORT)** field   * Enter the amount of QORT you want to buy in the **Amount (QORT)** field
   * Enter the maximum price you are willing to pay per QORT in the **Price Each** field   * Enter the maximum price you are willing to pay per QORT in the **Price Each** field
-  * Click on **ADD AUTO BUY ORDER** to initiate the Auto Buy script+  * Click on **ADD AUTO BUY ORDER** to initiate the Auto Buy
   * Note that each buy order will take some time to complete because this is a peer-to-peer action including multiple transactions on both blockchains, and Auto Buy is doing a series of these orders, so it could easily be hours before your Auto Buy is complete, depending on how much you are buying, compared to the size of the Sell Orders available to buy   * Note that each buy order will take some time to complete because this is a peer-to-peer action including multiple transactions on both blockchains, and Auto Buy is doing a series of these orders, so it could easily be hours before your Auto Buy is complete, depending on how much you are buying, compared to the size of the Sell Orders available to buy
   * Note that Auto Buy is likely to never 'finish' 100% unless there are sell orders on the market that fill it perfectly. Most of the time you will need to cancel it once it gets to a point that it has a small balance and isn't likely to find any orders of the size it can fulfill   * Note that Auto Buy is likely to never 'finish' 100% unless there are sell orders on the market that fill it perfectly. Most of the time you will need to cancel it once it gets to a point that it has a small balance and isn't likely to find any orders of the size it can fulfill
how_to_use_the_trade_portal.1682194259.txt.gz · Last modified: 04/22/2023 16:10 by gfactor

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