Create a Custom Order
- Select the pool that you're looking to trade on
- Select the "Create Order" section
- Decide on:
Order Size
: The size of your order denominated in vBBid/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.
Order Expiration
: The order will be automatically canceled if it is not filled after the expiration.
- 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
Updated 9 days ago