Order By Quantity

• Definition:

  • This option lets you specify the exact amount of the base currency (e.g., BTC) you want to buy.

  • The system calculates the total cost of the trade in the quote currency (e.g., USDT) based on the current market price.

• Use Case:

  • Ideal for traders who know the precise amount of the base currency they want to acquire.

  • Example: If you input 0.103 BTC, the system will calculate and deduct the required USDT based on the current BTC price.

• Advantages:

  • Provides control over the exact quantity of the asset you want to purchase.

  • Useful for traders targeting a specific position size in the base currency.