Placing a Sell Order
Instructions are for the Desktop Web view.
Step 1: Log In to Your AFRIDAX Account**
- Open your web browser and navigate to https://exchange.afridax.com.
- Enter your username and password to securely log in to your AFRIDAX Exchange account.
- If you do not already have an account, complete the registration process before proceeding.
Step 2: Access the Trading Platform
- After logging in, locate and select the Trade option from the main navigation menu.
- This will direct you to the trading interface, where you can view and manage your trading activity.
Step 3: View Available Trading Pairs
- In the trading interface, click on the top left of the screen,
select "BTC/ZAR"
- This will display a list of available trading pairs, showing the cryptocurrencies you can trade against each other.
- Browse the list or use the search functionality to find the specific pair you wish to trade.
Step 4: Choose Your Desired Trading Pair
- Select the trading pair you want to trade. For example, if you want to sell Bitcoin for Ethereum, choose the BTC/ETH
pair.
- This will display the detailed trading view for that pair, showing live market data, charts, and order book
information.
Step 5: Click the ‘Sell’ Option
- Once the trading pair is selected, click on the Sell option.
- This will open a form where you can input the details of your sell order, such as the price and quantity.
Step 6: Choose Your Order Type (Market or Limit)
- Market Order: If you want to sell at the current market price, select the Market option. This will execute your sale
immediately at the best available price.
- Limit Order: If you wish to sell at a specific price, select the Limit option. Your order will be executed only when
the market reaches the price you set.
Step 7: Set the Limit Price (If Applicable)
- If you selected Limit Order, enter the price at which you want to sell in the Price field.
- Make sure to carefully assess the market conditions before setting your price to ensure your order aligns with your
trading strategy.
Step 8: Enter the Amount of Cryptocurrency to Sell
- In the Amount field, enter the number of coins you wish to sell.
- You can input the amount manually or select a percentage of your available balance.
- Double-check the amount to ensure it is correct before proceeding with the trade.
Step 9: Review and Place Your Sell Order
- After setting the price and amount, carefully review all of your trade parameters.
- If everything is correct, click the Sell button to place your order.
Step 10: Monitor Your Open Orders
- Once your sell order is placed, it will appear in the Order Book under Open Orders.
- You can track the status of your order as it waits to be filled.
- For Limit Orders, the order will remain in the order book until the market reaches your price, at which point the
trade will execute automatically.
Final Considerations:
- Market conditions can change quickly. If you placed a Market Order, your trade will be executed immediately at the
best available price.
- If you placed a Limit Order, it may take some time for the order to be filled, depending on market activity and
price movement.
- Regularly monitor your open orders and adjust your strategy as needed based on market conditions.
Need Assistance?
If you encounter any issues or have questions regarding the deposit process, our support team is available to assist
you. Please submit a support request via the platform, and we will promptly address your inquiries. You can view our
status page here.
