Here is a step-by-step guide on how to buy your Digital Asset on Tokenize Xchange.
Contents:
- Selecting market to buy from
- Selecting coin to buy
- Buying
- Limit Buy
- Market Buy
- Confirming Order
- Order book
- View your order
- Cancel Buy Order
Step 1: Open the ‘Markets’ page. You will see this page displaying the BTC/MYR market.
Step 2: Select the digital asset that you wish to buy on the tab you see on the right. For instance, if you want to trade ETH, click on ETH/MYR.
Step 3: We’ll use BTC for example. Click on BTC/MYR and scroll down to buy your BTC.
3.1. Limit Buy:
Select the ‘Limit’ tab if you wish to purchase the digital asset at below/equal/above market value. Your order will be filled at or better than your specified price. Any quantity that is not filled rests on the continuous order book until it is filled or cancelled.
- Wallet icon (your Balance): available MYR balance in your account.
- Price (MYR): Choose either to buy 1 BTC at the lowest Ask price, at the Last market price or at the highest Bid price, or enter your own desired price (below market/at market/above market).
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Amount (BTC): Key in the amount of BTC to buy.
- You can also select a percentage of your available MYR balance to buy your asset. (e.g: Selecting ‘100%’ means you are using all of your available MYR balance to purchase your BTC including fees) - Total (MYR): Amount in MYR for your bid order. You may also skip Amount BTC and only enter the MYR worth of the digital asset you would like to buy. (e.g: enter 200 MYR and the Amount BTC will be automatically calculated)
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Time In Force:
- Good till Cancelled (GTC): Your order will stay on the order book until they have been completely filled or until you manually cancel them.
Once all details are complete, click ‘Buy BTC’.
3.2. Market Buy:
Select the ‘Market’ tab if your priority is the amount over the price. Your order will be filled immediately at the best market price at the time of your order.
- Wallet icon (your Balance): available MYR balance left in your account.
- Price (MYR): as per the best Market price
- Amount (BTC): Key in the amount of BTC to buy.
Once Amount BTC is entered, click ‘Buy BTC’.
Step 4: Confirm your order.
You will see a confirmation window. Check all the details. Click ‘Confirm’ to proceed or ‘Cancel’ to cancel the transaction.
Limit Buy:
Market Buy:
After confirming the order, you will see a green notification at the top of the page indicating that your order has been successfully placed.
An email will also be sent to you notifying the order placement. If you are not the one who initiates the order, please contact us at support@tokenizemalaysia.zendesk.com.
Step 5: If you placed a Limit Bid Order, you will be able to spot your order marked with a star in the Order Book at the left side of the page. See example below:
Step 6: To view your order, select ‘Orders’ on the dashboard and select ‘Spot Pending Orders’ to see pending orders and ‘Spot Completed Orders’ for completed orders.
Step 7: You may cancel your pending Limit Bid order by clicking on the ‘Cancel’ button next to your order.
IMPORTANT: Minimum amount for trading is,
- BTC - 0.001
- ETH - 0.01
- BCH - 0.01
- LTC - 0.1
- SOL - 0.1
- UNI - 1
- XRP - 10