To sell bitcoins at CoinfloorEX you need to hold a fully verified CoinfloorEX account.
Start with depositing your bitcoins from your wallet to your CoinfloorEX account. To sell bitcoins from your CoinfloorEX balance, you need to use the Spot Exchange and place orders on our XBT/USD open orderbook.
You can place a limit order, where you specify the quantity of bitcoins you want to sell at a specified price. Your order will then wait until matching orders appear on the buy side. Once your price is matched, your order will automatically be filled and your CoinfloorEX balance will be automatically adjusted.
Please note that a single order may be matched in one trade against a larger buy order or progress in partial matches against smaller orders.
You can see all your open limit orders waiting to be matched below the order form on the Exchange page.
To cancel a limit order that has not yet been matched, please go to the Exchange page and in "Your Open Orders" table you will find a "Cancel" button next to each of your open orders. The order will be cancelled immediately upon pressing the button.
When choosing a market order, also known as an instant order, you choose the quantity of bitcoin they wish to buy or sell, in bitcoin terms or money equivalent, and the order is executed at the best market price available in the order book at the moment of making the order.
When you place a market order, the trade engine will immediately trade at the best price available until either your order is filled or you run out of available funds. Since the order is immediately matched it will not appear in the order book or your open orders. Please keep in mind that market orders cannot be cancelled and can be affected by slippage.