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Articles on:Trading FAQs
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  • What are the supported order types in Bitunivex?
    Market Order A market order is an order type that regardless of the price, the order will be executed with the amount (size) inputted. Always the first order price in the sales book is executed when you place a market buy order. Limit Order ![](https://storage.crisp.chat/users/helpdesk/website/6eaa8051dfd09000/3ed027b5-ad9d-479e-9635-29e911_cr8tqy.pPopular
  • What is an order book?
    An order book is a list of buy and sell orders organized by price levels.  An order book consists of a list of trader open orders. The orderbook is split into bids and asks at various prices (price levels). The order book is used to identify market demand and allows traders to see what can be sold and bought at the market. Placing orders in front of other people's orders (higher when buying or lower when selling) will help guarantee that your order/s are filled. ![](https:Some readers
  • What is the market price?
    The price of the last trade on the exchange, regardless of the amount, is called the market price. The last price that an asset is sold or bought at, can be found on the 'public sales' panel. The top row is always the latest trade. When the Market Taker fills the order of the Market Maker and the trade is done, the market price is determined. Obviously, the market pricSome readers
  • How to quick trade on Bitunivex?
    Convert currency into your favourite digital asset, liquidate your assets or change one crypto for other within just few seconds using 'Quick Trade' feature. Instructions to convert. Please login to your Bitunivex account with a registered email id & password.   Once you logged in, on the top left corner click on the 'Quick Trade' option.! ![](https://storage.crisp.chat/users/helpdesk/website/6eaa8051dfd09000/7a6c8ff0-fa31-45fd-b397-2Some readers
  • What is the difference between Market Maker & Market Taker?
    Market Maker Market makers place orders on to the order book and wait till their orders get filled. Usually, a market maker will try and sell for a higher price or/and buy for a lower price. Market makers use the limit order type so that their orders don't get filled immediately. If a limit order fills immediately it will be registered as a market taker orderSome readers
  • "Insufficient Balance" error while trading
    If you have encountered the phrase "Insufficient Balance" while trading despite having the balance in your wallet, the following could be the reason: You may have active order(s), so you can cancel them in the "My Active Orders" section.Some readers
  • How to to gain access to higher trading limits
    At Bitunivex, we have a dedicated team for OTC.  Please send your requests here. Enter the following details with an appropriate message. One of our team members will get back to you within 1 business day.Some readers
  • What Crypto Assets are supported by Bitunivex?
    Bitunivex's mission is to provide open access to the majority of coins with popularity and market in the space. Adding new coins and tokens is an ongoing process. To see the latest assets supported on Bitunivex click hereSome readers
  • I Cannot access my Bitunivex account?
    If you have forgotten your Bitunivex account’s password, you can recover it by following these steps: Click on the Bitunivex login On the Bitunivex login page, click the "CAN’T LOGIN?" option. ![](https://storage.crisp.chat/users/helpdesk/website/6eaa8051dfd09000/b8914830-da28-4Some readers

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