The order collection enables authenticated users to post bids (buy orders) and asks (sell orders) bids, this trade are then added to the order book to be executed.
Type of Orders
Limit order: A limit order is an order that you place on the order book with a price, this trade is executed whenever the market price is equal to or better than the price you already set. this is used when you want to specify a price and you do not need the order to be executed instantly.
Market order: This is an order to immediately buy or sell cryptocurrency at the best available current price, this is used when you want your order to be executed instantly, regardless of the price.
Action you can perform
- Fetch all orders created by an authenticated or sub-user.
- Create market or limit order for an authenticated or sub-user.
- Fetch details of orders placed.
- Cancel a limit order.