Create a Custom Order

1. Select the pool that you're looking to trade on

2. Select the "Create Order" section

   
3. Decide on:

   1. Order Size: The size of your order denominated in vB

   2. Bid/Ask Price: The price at which you are selling or buying BTC fees denominated in Sat/vB

      • If you're entering a buy position, the lower the price, the better. This is because if the index goes above the price, you profit; therefore, the lower the price, the greater the probability of the index going above it.

      • If you're entering a sell position, the higher the price, the better. This is because if the index goes under the price, you profit; hence, the higher the price, the greater the probability of the index staying under it.

   3. Order Expiration: The order will be automatically canceled if it is not filled after the expiration.

   

   Input values
4. After setting your order's parameters, you can view a summary that includes:

   • The required payment in your wallet for your order to be valid (Note: funds will only be taken from your wallet if your order is filled by another user)

   • The range of payout you can expect from your position if this order gets filled

   • Finally, click on the "Create Order" button to finalize the process: granting allowance & signing the order with your wallet

   • You're all set! 🎉 Wait for your order to be filled

Next up, learn how to Manage Your Open Orders