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Customers have access to three distinct order types on Rain Pro, each catering to different trading strategies:
Market Order: this order type is designed for immediate transactions, allowing users to buy or sell cryptocurrency at the available market price. Market orders are executed instantly at the current market rate.
Limit Order: limit orders give customers control over the prices at which they buy or sell cryptocurrency. With this type of order, you specify the price at which you want to buy or sell:
Buy Limit Orders: these are executed at the set limit price or a lower price, ensuring you do not pay more than your set price.
Sell Limit Orders: these are executed at the set limit price or a higher one, ensuring you sell at your desired price or better.
Limit orders are active for 28 days and are automatically canceled if they are not fully or partially fulfilled within that period.
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