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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).

Tutorial Video 🎥 : How to Place a DeOrder

Enjoy a full video tutorial on how to place a DeOrder.

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