Once your deposit has been processed or you have an available balance and it shows in your " Balance" tab, you can begin trading. In the "Exchange" page, you will see the live Order Book and a choice of "Market Order" and "Limit Order". Market orders are always instant, but limit order allows you to set the price you wish to pay or get for your bitcoin. You decide option which one to use.
The limit order form automatically calculates your order details based on two out of three parameters: quantity, price and total.
The market order form calculates an estimate on one of the same parameters.
Once you place an order, CoinfloorEX’s matching engine will find a corresponding offer. Once it's fulfilled, your CoinfloorEX balance will be automatically adjusted.
You can see all your open limit orders waiting to be matched in below the order form. There are no open market orders as these are matched instantly at the current market price.
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.
The performance of our state-of-the-art trading engine allows us to have the most generous API transaction limits in the industry. Using our API, you can directly integrate with our trading system. We provide native libraries and sample clients in popular programming languages for your use. Visit API documentation in GitHub: https://github.com/coinfloor/API/blob/master/FUTURES.md