Copy of DeOrderBook Docs
App
  • DeOrderBook Docs
  • 🌠Intro to DeOrderBook
    • What is DeOrderBook ?
      • DeOrderBook Core
      • Why use DeOrderBook?
    • Getting Started
    • Roadmap
    • Fees
    • Glossary
    • Litepaper
  • 💻DOB Website
    • DeOrder
    • Account
    • Lock
    • Claim & Exercise
    • Bazaar
  • 🪐The World
    • Characters
    • Concept and Backstory
    • Citizens (and Discord roles!)
  • 🙌HODL
    • Explaining HODL
    • Minting HODL
    • Staking HODL
    • Redeeming HODL
  • 🔅DeOrders
    • Explaining a DeOrder
    • Placing a DeOrder
      • How do I place a DeOrder/Buy?
      • How do I place a DeOrder/Sell?
      • Unstaking SNIPER and unwinding
  • 🔫SNIPER and BULLET
    • Explaining SNIPER and BULLET
    • Obtaining and Trading BULLET
    • Exercising DeOrders with BULLETs
    • BULLET Bazaar
    • BULLET Raffle
  • 🪙$DOB
    • Explaining $DOB
    • Claiming $DOB
    • Locking $DOB
  • 🏅Gerege NFT Program
    • Dual-Tier NFTs: Silver and Gold
    • Gerege Silver
    • Gerege Gold
  • ❔Support
    • Contract Addresses
    • FAQs
    • Tutorial Videos
  • 🤝Community
    • Social Media
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  • What kind of DeOrder should I be placing?
  • Tutorial Video 🎥 : How to Place a DeOrder
  1. DeOrders

Placing a DeOrder

A guide to placing a DeOrder

PreviousExplaining a DeOrderNextHow do I place a DeOrder/Buy?

What kind of DeOrder should I be placing?

There are two kinds of DeOrders available.

  • : 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).

  • : 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

🔅
DeOrder/Buy
DeOrder/Sell
Enjoy a full video tutorial on how to place a DeOrder.