An overview of bitoftrade’s easy-to-use trading features.
bitoftrade is a decentralized trading platform with advanced trading features that you normally find on both centralized and decentralized exchanges, all rolled into one platform! You get the advantages of a friendly user interface with multiple trading types, what more could you want from a trading platform?
Our easy-to-use features include:
A leverage trade allows you to pay less than the full amount of your investment, which increases your buying capacity to explore and take advantage of market opportunities. The amount of money you can use for buying and selling tokens is relative to your initial investment and determined by your chosen leverage amount. You can leverage market orders, limit trades, and stop orders on our platform. All you need to do is deposit collateral to use this feature.
More about our leverage trade types:
Market orders. A market order is an order to buy or sell a stock at the market's current best available price. It typically ensures execution, but it doesn’t guarantee a specified price. Market orders are ideal if you want to execute a trade immediately.
Limit Trading. With a limit order, you can buy or sell tokens at a specified price. A buy order will be executed at your specified price, and likewise, a sell order will be executed at your specified price.
For example: Let's say you want to buy ETH, which is now $4,000, but you think that the price will drop and you may be able to buy ETH at a cheaper price. You place a limit order on bitoftrade to buy ETH for $3,000, and when the value of ETH falls to your desired price, your trading limit order will be executed.
Stop-loss orders. A stop-loss is an order placed on an exchange to buy or sell a specific token once its market value reaches a certain price. The whole idea around stop loss is to limit your losses when trading and reduce the risk to your portfolio. If the market reaches your specified value, a stop-loss can be triggered and your funds can be traded out of their current position.
You can swap almost all tokens on our platform over five different networks: Ethereum, Fantom, Avalanche, BSC, and Polygon. You can execute both market and limit swaps with bitoftrade.
Market Swaps. A market swap is an exchange process that allows you to trade one asset for another. You can trade and exchange most tokens on the five networks available on our platform: Ethereum, Polygon, Avalanche, Fantom, and BSC.
Limit Swaps. Limit trading can be applied to swaps as well as to leverage trades on the Ethereum blockchain.
Fiat to Crypto
Our fiat-to-crypto widget is a strong bridge between Fiat and cryptocurrencies. At bitoftrade, you can make payments with your preferred method. We offer Instant SEPA bank transfers, as well as SWIFT or Visa/MasterCard payments.
You can learn how to use these trading types on the bitoftrade platform in our guides section containing detailed information about each type of trade.
We’re constantly improving our platform to improve our trading experience for both new and advanced traders alike. You can be involved in helping us upgrade our platform by proposing new features here.
Read more about our services: How to Trade and Make Money with Crypto on bitoftrade