When making a crypto trade order on coinpass Trade, we make all the complex calculations for you in the order ticket window for you, so you know what you'll trade will be, every time.
The ticket window has a breakdown of all the prices and quantities of your crypto trade before making your final decision and trade execution.
Order Type: Market
A Market Order is the most basic type of trade. It is an order to buy or sell immediately at the current price. Typically, if you are going to buy a stock, then you will pay a price at or near the posted ask. If you are going to sell a stock, you will receive a price at or near the posted bid.
Order Type: Limit
A Limit Order, sometimes referred to as a pending order, allows investors to buy and sell securities at a certain price in the future. This type of order is used to execute a trade if the price reaches the pre-defined level; the order will not be filled if the price does not reach this level.
In effect, a Limit Order sets the maximum or minimum price at which you are willing to buy or sell.
Order Amount is the quantity of crypto you want to Limit Order or Market Order.
Transaction Size is the price of any crypto you want to Limit Order or Market Order.
Transaction Fee is the charge a coinpass client is charged for each trade. Your fees are discounted for larger volumes. See the breakdown of our full fees at coinpass.com/fees
GBP Balance is your current fiat balance and the Crypto Balance is your current available crypto.