Trade
Last updated
Last updated
The “Trade” window (accessible via the “Trade” button or the “”) is the central hub for buying and selling cryptocurrency tokens. The interface clearly presents key information to help you make trading decisions.
In the Scopuly trading window, you will see two areas designed to select the assets you want to trade:
In the first section labeled as “Counter Asset”, select the cryptotoken you want to buy (the underlying asset).
In the second section labeled “Base Asset”, select the cryptotoken you want to use to pay for the purchase (the quote asset).
The “Order Book” section displays real-time buy and sell orders placed by other Scopuly users for the selected trading pair (underlying asset and quoted asset). Existing buy orders (bids) indicate the price users are willing to pay for the underlying asset using the quoted asset. Sell orders (ask) represent the price at which users are willing to sell the underlying asset in exchange for the quoted asset. By analyzing the order book, you can assess market sentiment and determine the appropriate prices for your buy or sell orders.
Before proceeding, find the “Select an account to trade” menu, and select the account you wish to trade on.
