Placing a DeOrder
A guide to placing a DeOrder
What kind of DeOrder should I be placing?
There are two kinds of DeOrders available.
DeOrder/Buy: This should be performed by users that believe the price of a cryptocurrency is going down and that want to 'buy on the dip' at a certain price.
Placing a 'DeOrder/Buy' order indicates you'd like to buy a certain amount of
$wBTC(in the form of$bHODL) in exchange for a certain amount of$USDC(in the form of$uHODL).
DeOrder/Sell: This should be performed by users that believe the price of a cryptocurrency is going up and that want to 'sell the top' at a certain price.
Placing a 'DeOrder/Sell' order indicates you'd like to sell a certain amount of
$wBTC(in the form of$bHODL) in exchange for a certain amount of$USDC(in the form of$uHODL).