Order By Volume

• Definition:

  • This option allows you to specify the total value of the trade in the quote currency (e.g., USDT).

  • The system calculates how much of the base currency (e.g., BTC) will be bought based on the specified volume and the current market price.

• Use Case:

  • Suitable for traders who know exactly how much of their quote currency (like USDT) they want to use for the trade.

  • Example: If you input 10,000 USDT, the system will calculate and buy the equivalent amount of BTC at the current market price.

• Advantages:

  • Helps you stay within a defined budget in the quote currency.

  • Useful for traders who are more focused on how much they’re spending rather than the exact quantity of the asset.