Order to Sell at Market Price

Attention! All described rules for creating orders are applicable to both STEMX and SXUSD orders.

In the order creation form, select the direction - "Sell", the order type - "market".

In this type of orders, we do not need to set the sell price, since the order will be executed at the best price among all currently available counter orders.

Please note that the estimated amount of STEMX is indicative and as a result of the execution of the order, the final amount may differ significantly from the preliminary one, since the market supply is a dynamic process. To better navigate the prices, the presence of demand for the token and supply, use the “Book of Orders” block a little lower on the same page of the team token.

Parameters that affect pricing are described in the Pricing article.

More information about the commission can be found in the article “Exchange Commission”.

So, we have formed an order to sell at a market price of 0.01 ARS. Immediately after the order is created, the amount specified in the order will be debited from the ARS token wallet. The page will display notifications about the current balance of ARS in the user's wallet and about the creation of a sell order.

Most often, an order at a market price is executed quite quickly, so it is not uncommon for situations when, along with notifications about the balance of tokens and the creation of an order, you can receive two more notifications - about the execution of an order and a change in the balance of a trading account.

A filled order can be found in the "Executed Orders" list on the team token page.

After the order has been executed, the funds from the sale of tokens minus the commission will be credited to the trading account.