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Placing a DeOrder
A guide to placing a DeOrder
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
).
Enjoy a full video tutorial on how to place a DeOrder.