Trading

General

A market order is a buy or sell order to be executed immediately at current market prices. As long as there are willing sellers and buyers, market orders are filled. If your order cannot be fully executed at the highest price it will be fulfilled partially starting from the very beginning and going down the order book until its full execution.

Base currency is always the first currency appearing in the trading pair, so the one that you are going to buy or sell. The quote currency is the second one that you are respectively going to pay with or receive. The exchange rate shows how much of the quote currency you will need to buy 1 unit of the base currency or how much you will get in the quote currency if you sell 1 unit of the base one.

For example if the trading pair is LTCBTC and the exchange rate is 0.00817681 BTC, then the base currency is LTC and the quote currency is BTC. Therefore, if you would like to buy 1 Litecoin, you would need to pay 0.00817681 BTC or if you sell 1 Litecoin, you will get 0.00817681 BTC.

Trading on Bitvalex

Go to the BUY/SELL page and follow the three easy steps:

  1. Choose the cryptocurrency you would like to buy and then whether you want to buy it with EUR or USD;
  2. Type in the amount of the cryptocurrency you want to buy. You can also choose to purchase the maximum amount that you can, given your available EUR or USD balance and the current market exchange rate;
  3. Click on BUY, quickly review the information, and confirm your order. Your order will be instantly processed at the best available rate and your available balance updated.

Go to the BUY/SELL page, choose the SELL tab and follow the three easy steps:

  1. Choose the cryptocurrency you would like to sell and then whether you want to receive EUR or USD;
  2. Type in the amount of the cryptocurrency you would like to sell. You can also choose to sell the total amount of your available balance for the chosen cryptocurrency by clicking on the MAX button;
  3. Click on SELL, quickly review the information, and confirm your order. Your order will be instantly processed at the best available rate and your available balance updated.

Apart from buying and selling Ethereum, Litecoin and Bitcoin Cash with EUR and USD, you can also very easily exchange them to Bitcoin and vice versa.

If you have Bitcoin and want to buy another cryptocurrency, just go to our BUY page. Choose the digital currency you would like to buy and Bitcoin as the currency you would like to pay with. Type in the amount of the cryptocurrency to be bought and click on the “BUY” button. Your balance will automatically reflect the exchange.

Should you have another cryptocurrency that you want to convert to Bitcoin, it is also a piece of cake. Go to the SELL tab. Choose the currency that you want to convert to Bitcoin. Fill in the units of the cryptocurrency that are to be exchanged and click on “SELL”. You are going to sell the cryptocurrency and receive Bitcoin at the current exchange rate. You balance would automatically reflect it.

The minimum order size depends on the base crypto currency you are buying or selling. 

If you are buying or selling Bitcoin with EUR or USD, then the minimum amount of your order should be at least 0.01 BTC. If you are trading Ethereum against EUR, USD or BTC, it is 0.1 ETH. For all pairs with Litecoin, the minimum order size is 0.5 LTC, and for those with Bitcoin Cash - 0.1 BCH.

Depending on the cryptocurrency market, we might regularly adjust the minimum order size order size.

At the Trade History you can see the last executed buy or sell orders for the trading pair you have chosen, including the time of execution, exchange rate, and volume.

The chart shows the buy or sell price of the base cryptocurrency (the cryptocurrency you have chosen to buy or sell) in EUR, USD or BTC for the last 12 hours, 1 day, 1 week, 1 month, 6 months or 1 year. 

Hover over any of the points on the chart and you will see the time and the exact price at which it was trading.

Once you confirm your order you cannot cancel it, as it is immediately executed at the best available price.

You can find all your orders for a limited period of time at the bottom of the BUY/SELL page. To find and export all of your orders, please go to your profile and click on the "Order History" tab.