A “Limit Order” is an order placed to buy or sell a specified quantity of assets at a specified limit price or better. This involves setting the ideal commission price and quantity.

Let's look at the example, if the current market price for NWC is 0.00001425 BTC and you plan to buy 1000 NWC when the price drops to 0.000014 BTC, you can place the order as a limit order. How to?

-In the 4 provided tabs select “Limit” on the trade portal/interface

-Enter 0.000014 BTC in the price edit box

-And 1000 NWC in the quantity edit box

-Click “Buy NWC” to place the order.

A “Market Order” is an order placed to buy or sell a specified quantity/amount of assets at the best available price in the current market. In this case, the commission price is not set; only the order quantity or amount is set, and the purchase is made by the set quantity or amount after the purchase.

Let's look at the example, if the current market price for NWC is 0.00001423 BTC and you plan to buy a sum of NWC valued 0.005 BTC without setting prices, you can place the order as a market order. Market orders will be completed immediately, which is the best way to buy or sell quickly. How to?

-In the 4 provided tabs select “Market” on the trade portal/interface

-Enter 0.005 BTC in the amount edit box.

-Click “Buy NWC” to place the order.

Quick tip: As the market order would usually be executed immediately, you cannot cancel the order once the order has been placed. You may check the trading details in “Order History” and “Trade History”.