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Fill An Existing Buy Order

Fill orders from someone who is buying token allocation.

The easiest way to sell token allocations is to find a buy order listed by another user.

Find an offer with a suitable price and deposit collateral as a guarantee that you will deliver your token allocation to the buyers.

Your deposited collateral will be secured in a smart contract, and you can only reclaim it once you SETTLE your order, which means after the tokens are successfully delivered to the buyers.

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 buy 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 Sell to start your sale, then enter the amount and confirm by clicking Sell again.

  1. Fill Order Threshold: 5%

Once selling the listed order, users have to fill at least 5% amount. For example, to complete the order of 1,550 $XPL, the seller has to fill a minimum of 77.5 token.

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

  1. Reload and check your filled orders.

FAQ

What does "filling an existing buy order" mean?

"Filling an existing buy order" means you are selling your tokens by matching a buy order that is already available on Whales Market. This is the fastest way to sell because you don't have to wait for a buyer to match your order. Instead, you simply find an existing buy order and fill it.

When will I receive my money?

You will receive your payment after the order is SETTLED. This happens once you have successfully sent the tokens to the buyer, ensuring the transaction is complete.

Where do my tokens go after I fill the order?

After you fill the order, your tokens are sent to a secure smart contract. These tokens are only transferred to the buyer once they have made the payment and you have confirmed the transaction, ensuring you receive your money before the tokens are moved.

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

Similar to buying, there are two main order types:

  • Partial: Multiple sellers can collectively fill a single buy order until the full amount is reached.

  • Full: A single seller must fill the entire amount of the buy order in one transaction.

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