Aiming to meet the needs of the entire crypto community, SpectroCoin offers two types of crypto buying options – clients can either buy and sell cryptocurrencies using crypto brokerage or take advantage of personalized trading options on SpectroCoin Pro.
Trading at SpectroCoin Pro is based on a peer-to-peer network, allowing users to decide cryptocurrency prices and trade without intermediaries. Clients can choose limit orders which often take longer to execute or place market orders which is an instant way to buy crypto at the current market price.
In today’s blog post, we will provide a quick guide on how to buy Bitcoin with a market order on SpectroCoin Pro.
What is a market order?
A market order is the fastest and easiest way to buy cryptocurrency on a trading platform. This is the type of order that is executed instantly at the current market price – traders just have to choose how much digital currency they want to buy or sell.
It is common to think that market orders are executed at the last traded price. However, it works differently – market orders are executed at the best price available in the order book of limit orders.
How to buy Bitcoin with a market order at SpectroCoin Pro?
Step 1. Log into your account. At SpectroCoin, you can use a single account to access all services, including crypto-backed loans and trading platform. You can access SpectroCoin Pro through the menu section of SpectroCoin, or connection directly on the website.
Step 2. Deposit the assets. Navigate to the “Wallets” section in the left side view of your account. Tap “Deposit” next to the currency you want to sell.
Then copy the deposit address and use it to withdraw assets from an external wallet to SpectroCoin Pro. If you want to transfer assets from your SpectroCin wallet, press “My SpectroCoin Wallet”, insert the amount you want to receive and click “Deposit”. Internal transfers are instant.
Step 3. Place a market order. Once your deposit has been made, enter the “Trading” section in the left side view of your account. Choose the market in which you want to trade your assets. For example, if you want to buy Bitcoin with Ethereum, press “BTC” and select the “ETH / BTC” pair.
Finally, scroll down to find the order section. Tap “Market Order” and insert the amount you want to sell for Bitcoin. Click on “Sell ETH” to place the order. The market order will be executed immediately.
That’s it! You have successfully bought Bitcoin with a market order.
You can also watch the video tutorial at how to buy Bitcoin with a market order on our YouTube channel.
If you have any further questions regarding market orders at SpectroCoin Pro, please feel free to contact our customer service through the LiveChat bubble available on our website or send an email to [email protected]