HOW IT WORKS
The site is not an exchanger, the site presents a cryptocurrency exchange where each registered user is given the opportunity to trade digital assets with other registered users.
The principle of buying and selling coins is identical to the principle of trading on any other cryptocurrency exchange.
The tools provided on the site may differ in appearance but have the same functionality as standard tools.
The principle to get profit is "sell more expensive, but cheaper"
The graph is a history of the course of one cryptocurrency in relation to another or to fiat money. The graph is presented in the form of Japanese candles, clearly demonstrates the development of the ratio of spread difference through time. Spread is the difference between the current offers, the best values for sell (ask) and purchase (bid) or the currencies that are trending on the exchange.
The Japanese candle indicates the price movement during a certain period of time. Graphs of one and the same pair of cryptocurrencies can be presented with different time axes, for example, an hourly graph or a 15-minute graph, in which, respectively, the unit of time is an hour or 15 minutes. One candle shows the values that were relevant for this period of time.
The body of the candle, that is, a rectangle, is formed from the values at the beginning of the next time period and its end. If the opening level is below the closing level, then this candle is called bullish and turning red. Reversely, the bearish candle is colored green. So visually it becomes clear that with the bull candle the course grew, and with the bear candle it fell.
The lines extending from the candle, called shadows, indicate the highs and lows that were recorded during the formation of the candle. If the upper shadow is absent, it is said that the top of the candle is cut off, and if the lower shadow is absent - then the base is cut off. Doji is the candles, which actually have nobody, so the price at the beginning of the time period and at the end is equal. Spinning Tops are candles with small body sizes. The ability to read candles makes trading cryptocurrencies much easier.
The site contains tools for creating orders for the purchase and sale of digital assets.
Order - a request for the purchase or sale of digital currency. All orders are created by users and form the price of a particular currency on the exchange. All orders are visible to users in the lists of orders for sale or purchase. Each user can select an already created order and accept it or create his own order.
The chart and the top positions in the list of orders demonstrate the desired/current purchase or sale price.
After creating an order, it falls into the list of all orders and expects acceptance by another user.
If there is a response order at the specified price in the list of orders, the created order will be executed immediately; if there are no response orders at the specified price, the created order will wait for acceptance.
Orders that have the best price are accepted first.