The process for placing orders on Rain Pro is slightly different from the Rain Brokerage Platform. You can set three types of orders:
- Market Order:
This order type allows the user to buy or sell a cryptocurrency at the next available market price, and the added benefits of making a simple order entry process and quick execution.
- Limit Order:
This order type allows the user to buy or sell a cryptocurrency at a specified price or a better price. This gives users better control over the prices at which they trade. For example, if a user sets the buy limit orders, the order will be executed only at the limit price or at a lower one. The order will be executed only at the limit price or a higher one for sell limit orders. Limit orders last for 28 days and are canceled if they remain partially or fully unfulfilled.