Placing your first Market Order with PacifyPro

In this short tutorial you can read how to place your first Market Order with PacifyPro.

What's a Market Order?

You’ll use a Market Order when you want to buy a Crypto Currency at current market price. In other words, you don’t want to wait for the price to come down, instead you immediately want some skin in the game.

In this tutorial we’ll walk you through the steps of placing your first Market Order. Besides Market Orders you can also place Limit Orders or place Conditional Orders with PacifyPro. 

Placing your order with the help of our Buy Menu

1. Activate the Buy Menu

You can activate the Buy Menu by sending the following command:

/buy

This will activate the Buy Menu and the questions that will follow will help you place your order.

2. Follow the Questions for your Limit Order

The questions that follow will be:

  • Enter the symbol of the currency you wish to buy
  • How much BTC* would you like to use?
  • What type of trade would you like?

* You can trade any available trading pair at Binance and depending on the trading pair the software will ask you how much BTC, USDT, USDC, ETH, Etc. you would like to use.

Once you have answered these questions you can hit the ‘Finalize’ button in order to actually place your Market Order.

Placing your order with a Single Line Command

Once you’re getting used to trading with PacifyPro you can use the single line command option as you’ll be able to place your Market Orders much quicker. Below you’ll find an example of placing a Market Order for Bitcoin against USDT:

/qbuy xrp/btc 0.01

The command always consists of the following elements:

  • Market Buy command
  • Trading pair, i.e. xrp/btc
  • Trade amount, i.e. 0.01 (amount of BTC)

Once you have send your command, the Market Order will immediately be placed at the exchange and your coins will be bought.

Any questions?

Don’t hesitate to reach out if you have any questions regarding this article or our services.

Related

7-Day
FREE Trial

Enjoy the Full Benefits of PacifyPro absolutely for FREE without any limitations!

* no credit card needed

Related Articles

Drop us a line or two, we are open for feedback or collaborations!

Drop your message

Fill out your details