Batch order(sell) introduction

1 Overview

By using "Batch" order, you could create multi Limit orders altogether(based on the same price & amount range of Limit buy), the orders will be in the same price gap and amount(cryptocurrency).

This function could be used once in 1 hour.

Example: to create the Limit orders of selling BTC listed below

The orders above could be created altogether by setting "price range 990,000 - 1,000,000, order amount 0.5, number of orders 5 "in Batch order.

2 Price range

Each order will be closed in price ascending.

Normally, the orders will be closed immediately if the price is set lower than the latest market price.

If the price is set higher than the latest market price, it will not be closed until a trading partner appears, so it may take some time until the orders close, or stay unable to close.

Lowest price: at least 80% of the latest market price.

Example: If the latest market price 1BTC = 1,000,000 yen, the situation is as follows.

3 Order amount

Cryptocurrency amount of each order = (Total order amount) / (number of orders).

Please set the amount of each order to be at least the minimum trading unit (0.001).

4 Number of orders

The number of orders can be set from 2 to 100. (Cancellation of each order can be operated from the transaction details.)

Price difference for each order rate = (highest price-lowest price) / (number of orders-1).

Example: In the case of "Price range 1,000,000-990,000, number of orders 5", the price difference = 2500 yen.

5 Examples of setting

In all the examples below, the virtual situation of "BTC market latest price = 1 million yen / BTC" is set.

A. Price range 1,000,000-1,010,000, total order amount 0.6, number of orders 6

The price gap for each order is 2000 yen. (1,000,000, 1,002,000 ...... 1,008,000, 1,010,000)

The amount of each order is 0.6 / 6 = 0.1 BTC.

B. Price range 990,000 --700,000, total order amount 0.5, number of orders 5

700,000 yen / BTC is cheaper than "80% of the latest market price" and cannot be set.

C. Price range 980,000 --1,020,000, total order amount 0.5, number of orders 5

The orders from 980,000 --1,000,000 yen will be closed immediately. (normal case)

It may take time to close the orders of 1,000,000 --1,020,000 yen yen. (unclosed until there is a buy order for the corresponding price)