🤝How to trade
Trading on zkHub provides a familiar experience akin to centralized exchanges since zkHub utilize a central limit order book system to facilitate trades.
This tutorial assumes you have successfully deposited funds and opened your account on zkHub. If you haven't done so yet, refer to this.
Trading on zkHub exchange.
Go the the trading page.
Click "Connect Wallet" in the top right and sign in your wallet to connect to zkHub service and activated your ccount.
Now, you can set your trade parameters:
Trade Type and whether it is buy or sell.
Market: To be used to open a trade immediately. It will open at the market price (+ spread).
Limit: To be used when you want to go long at a lower price than present, or to go short if the price reaches a higher price than present. Executes at exact price set if price reaches threshold + spread.
Stop Limit: Use to trigger the placement of a limit order. Once your stop price has been reached, your limit order will be immediately placed on the order book. Although the stop and limit prices can be the same, this is not a requirement. In fact, it would be safer for you to set the stop price (trigger price) a bit higher than the limit price for sell orders, or a bit lower than the limit price for buy orders. This increases the chances of your limit order getting filled after the stop price is reached.
Click 'Buy,' and your order will be settled.
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