Are there different entrances to enter the entrustment order function in OYi Contract?

Key Points:

• Overview of OYi Contract's Entrustment Order Function
• Entrance Methods for Entrustment Order Function
• Detailed Guide for Each Entrance Method
• Tips for Efficient Order Entry

Article:Overview of OYi Contract's Entrustment Order Function

The entrustment order function allows traders to place orders for buying or selling cryptocurrencies on OYi Contract. It provides precise order parameters, including order type, quantity, price, and leverage, empowering traders with flexible order execution.

Entrance Methods for Entrustment Order Function

Traders can access the entrustment order function through various entrances on OYi Contract:

• Trading Pair Page: Visit the trading pair page of the desired cryptocurrency. The entrustment order interface is located next to the real-time price chart.
• Quick Swap: Position the mouse pointer around the price displayed in the trading view. A quick swap box appears once the pointer is positioned correctly. Traders can set order parameters and execute orders directly from the chart.
• Menu Bar: Click on the "Trade" tab in the menu bar and select "Contract" from the drop-down menu to access the entrustment order page.
• Favorites Bar: Customize the favorites bar by pinning frequently traded trading pairs. The corresponding entrustment order interface can be accessed by clicking on the pinned trading pair.

Detailed Guide for Each Entrance MethodEntrance 1: Trading Pair Page

• Navigate to the desired trading pair page and locate the entrustment order interface next to the price chart.
• Select the order type (Limit Order, Market Order).
• Specify the order quantity and price.
• Adjust leverage settings if required.
• Review order details and click "Buy" or "Sell" to place the order.

Entrance 2: Quick Swap

• Hover the mouse cursor over the displayed price on the trading view.
• When the quick swap box appears, enter the order quantity.
• Optionally, adjust leverage settings.
• Click "Buy" or "Sell" to execute the order.

Entrance 3: Menu Bar

• Click on the "Trade" tab in the menu bar.
• Select "Contract" from the drop-down menu.
• The entrustment order interface will be displayed on the right-hand side of the screen.
• Follow the order placement steps similar to the Trading Pair Page entrance.

Entrance 4: Favorites Bar

• Click on the "Favorites" tab in the menu bar.
• Pin frequently traded trading pairs to the favorites bar.
• Click on the pinned trading pair to access the corresponding entrustment order interface.
• Place orders using the simplified order parameters displayed next to the trading pair.

Tips for Efficient Order Entry

• Utilize keyboard shortcuts for faster order entry.
• Use the "Quick Swap" feature for instant market orders.
• Pin frequently traded trading pairs to the favorites bar for quick access.
• Set stop-loss and take-profit levels to manage risk.
• Use the leverage function cautiously, as it can amplify both profits and losses.

FAQs:Q: Can I modify or cancel my orders after placing them?

A: Yes, you can modify or cancel orders prior to their execution. Click on the "Orders" tab in the trading view to view active and pending orders.

Q: What is the minimum and maximum order size on OYi Contract?

A: The minimum order size varies depending on the trading pair. The maximum order size is limited by the available liquidity in the market.

Q: Can I place limit orders below (or above) the current market price?

A: Yes, you can place limit orders below (for buy orders) or above (for sell orders) the current market price. However, these orders may not be executed immediately unless the market price moves in your favor.

Q: What happens if I set a stop-loss or take-profit level?

A: Stop-loss and take-profit levels act as automatic order triggers. When the specified price levels are reached, the corresponding orders (sell to close for stop-loss, buy to close for take-profit) will be executed automatically, helping you manage risk and secure profits.