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Fill An Existing Sell Order

Fill order from someone who is selling their token allocation.

The fastest way to buy allocations is to fill an order that another user has listed.

Find an order with a price that you want to buy and make a deposit.

Your deposited funds will be sent to and stored in an escrow secured by an immutable smart contract, and will only be transferred to the seller when they SETTLE the order, meaning when the purchased tokens are successfully delivered to you.

Please note that after you fill an order, the collateral you deposited will be locked and you cannot take any action with it until TGE. For more details, check the Settlement Rules.

Fill an existing sell order

Following these steps:

  1. Go to the Pre-Market Home Page, browse the available listings, and select the token you want to trade.

  1. Click Buy to start your purchase, then enter the amount and confirm by clicking Buy again.

  1. Fill Order Threshold: 5%

Once buying the listed order, users have to fill at least 5% amount. For example, to complete the order of 15,000 $XPL, the buyer has to fill a minimum of 750 token.

  1. Confirm the collateral deposit and sign the transaction in your wallet.

  1. Reload and check your filled orders.

FAQ

What is "filling an existing sell order," and how is it different from creating a new buy order?

"Filling an existing sell order" means you are immediately buying tokens from a seller who has already listed them. This is the fastest way to buy.

Where does my money go when I fill a buy order?

Once you fill an order, your funds are sent to an escrow secured by an immutable smart contract, and they are held safely there. The funds are only released to the seller when the order is settled, which means the tokens have been successfully delivered to you. This ensures a safe transaction for both the buyer and the seller.

What is collateral, and why do I need to deposit it?

Collateral is the amount of money you must deposit to ensure you will complete the transaction. After you fill an order, this amount is locked and you cannot use it until the order is settled. If the seller fails to deliver the tokens, you will get your collateral back along with a compensation fee, protecting you as a buyer.

What types of orders are there when I "fill an existing sell order"?

There are two main types of orders:

  • Partial: Multiple buyers can collectively fill a single sell order until the entire amount is sold.

  • Full: A single buyer must fill the entire sell order in one transaction.

How do I check the orders I have successfully filled?

After completing the steps, you can check your filled orders by going to the My Orders page and selecting the My Filled Orders tab. This is where you can track all the orders you have successfully completed.

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