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Create Your Own Buy Order

Create your own buy order with your custom token price.

If you're seeking a different amount than what's offered, feel free to create your buy offer. This function allows you to set your terms regarding price and quantity, giving you more control over the transaction.

Create your own buy order

Following these steps:

  1. Click Create Order

  1. Enter the price and amount.

  1. Confirm Transaction

  1. Close order (Optional)

Additionally, Pre-markets' smart contracts enable order creators to close their orders before they are fully filled, allowing them to reclaim any remaining unfilled deposits.

This means you can close your order at any time, preventing any further fills by sellers, and retrieve your funds deposited for purchasing tokens.

In the My Open Orders section, click Close.

Please note, you can only reclaim the unfilled deposit amount, not the portion allocated for the filled orders from sellers - the amount you were supposed to pay for the seller's filled order.

If nobody fills your order after TGE, you can go to the dashboard and close your order.

FAQ

What does "create your own buy order" mean?

"Creating your own buy order" means you are setting a custom order with your preferred token price and quantity. Instead of buying an existing order, you are making an offer and waiting for a seller to match it. This is a good option if you want to buy tokens at a specific price that is not currently available.

Can I set my own buy price?

Yes. The main purpose of creating a new buy order is to allow you to set the price you are willing to pay. You are free to enter the price and quantity of tokens you want, and the system will list your order until a seller agrees to match it.

Is the collateral different in this case?

The process for collateral remains the same. When you create a buy order, your collateral will be deposited and locked to ensure you have the funds ready to complete the transaction once a seller matches your order. This amount will be returned to you if you close the order or if no seller matches it.

Can I cancel my order after creating it?

Yes. You can close your order at any time as long as it has not been completely filled. This gives you full control over your transactions and allows you to retrieve your deposited funds.

How will my order be filled?

Depending on the order type you choose, your order can be filled as a Partial Fill or a Full Fill.

  • Partial Fill: Your order can be filled by multiple sellers until the total amount is reached.

  • Full Fill: Your order must be completely filled by a single seller in one transaction.

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