How to trade currencies on the Kinesis Exchange

  • Updated

In this video, Mike demonstrates how to trade Kinesis gold and silver-based currencies, KAU and KAG, and cryptocurrencies on the Kinesis Exchange.

Learn the differences between market and limit orders, and how to place them on the exchange at the lowest costs.

Please note that the video below shows an earlier version of the Kinesis platform, and our team is working on updating it soon. The Exchange features, however, remain the same.

The ever-expanding Kinesis Exchange supports over 100 different trading pairs, including native Kinesis gold and silver-backed currencies and a selection of the most sought-after fiat (cash) and cryptocurrencies, available globally.

How to place a market order trade

Step 1: Click on the Exchange tab in the left-hand navigation panel and select the currency market you wish to view by choosing the trading pair from the list of available markets. (For this example, we will be trading ETH/USD).

sn8N7JKM.png

Step 2: Toggle between buying or selling an asset, and choose whether you'd like to place a limit order or market order. (In this example, we will be placing a Market order).

Enter the quantity you wish to buy, or specify the amount you want to spend on the order. The total value, including fees, will be displayed above the order button on the right-hand side. 

Press the Place buy order button to execute the trade.

Note: This guide demonstrates just one method for initiating a new order.

Wd13cKgs.png

Step 3: A confirmation pop-up will appear, displaying the details of your trade execution, including the order type, trading pair, quantity, price, execution fee, and total amount paid.

FsEKbqtg.png

Step 4: Your post-trade balance and trade history will be displayed. You will also receive an email with the details of your trade.

Share: