🔄Placing an order

Overview

You can think of shares in PredIQt markets the same way you think of any other stock/cryptocurrency. The only real difference is that, with PredIQt, the price of the shares is bounded from 0 to 1 (the currency is dependent on the market's asset type, as specified by the market's creator).

All shares which are the same as the market's resolution are redeemable for 1 unit/each of the market's base currency, minus any applicable fees.

Enable Limit Orders

To enable limit orders, click Advanced and then the 'LIMIT' tab on the bottom right-hand side of the order widget

Order Types

Market Order: This is the most basic (and default) order type. A market order is processed immediately at the best available, current market price.

Limit Order: Designed to give investors more control over the buying and selling prices of their trades. Prior to placing a purchase order, a maximum acceptable purchase price amount must be selected, and minimum acceptable sales prices are indicated on sales orders.

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