1. Log in your Bitsoda account (www.bitsoda.com), and click on the "Exchange" tab.
2. You will enter the trading market. Go to currency pair, if you want to trade USDT into BTC, select BTC/USDT.
3. We offer three order types for customers. The following is a detailed description:
Limit Order: "Limit Order" refers to set the ideal commission price and quantity. Click on the purchase order and place the order at the commission price.
For example, if the current market price for BTC is 9,700 USDT and you plan to buy 10 BTC when the price drops to 9,600 USDT, you can place the order as a limit order.
Operating steps: Select "Limit" on the trade interface, enter 9,600 USDT in the price edit box and 10 BTC in the quantity edit box. Click BTC “Buy” to place the order.
Market Order: “Market Order” means that 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. A market order will execute immediately against the best price available.
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”.
For example, if the current market price for BTC is 9,700 USDT and you plan to buy a sum of BTC valued 1,000 USDT 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.
Operating steps: Select“Market” on the trade interface and enter 1,000 USDT in the amount edit box. Click“Buy BTC” to place the order.