What kind of operations can be done in Bit2Me PRO?

Modified on Tue, 4 Nov at 5:03 PM

Bit2Me Pro offers you different types of orders to trade in the cryptocurrency market, giving you greater control over your operations. Below, we explain each one:

MARKET Order

The MARKET order is the fastest way to buy or sell.

It executes at the best available price in the order book at the time of the operation.
Its execution is immediate.
It is important to know that the exact price of the operation is not guaranteed, as it may vary slightly in volatile markets.

LIMIT Order

The LIMIT order allows you to set a specific price for your operation.

You can buy or sell at a fixed price that you determine. However, depending on how the market moves, you might get an even better price.
The order executes only when the market price reaches the price you have set or better.
Keep in mind that the order is not guaranteed to execute if the market price never reaches your limit price, or if, even if it does, there is not enough liquidity in the order book to complete the operation.

STOP-LIMIT Order

The STOP LIMIT order is an advanced tool for managing your operations and risks.

You must set two prices: a STOP PRICE and a LIMIT PRICE.
When the market reaches your STOP PRICE, your order automatically becomes a LIMIT order. This means the order will attempt to execute at the limit price you have set or better.

Important: All orders on Bit2Me Pro have an expiration of 30 days. After this time, they will be automatically canceled.

If you have an order that has been partially filled, the remaining part that has not been completed will also be canceled after 30 days, and the corresponding amount will be unlocked from your balance.

Reminder:

When the operation is a sale of B2M, in both Wallet and PRO, the FIFO method is applied to the value of the B2M sold. For more information on the FIFO method, see: How does the FIFO method work in Buy and hold € in B2M missions?