Below are some of the trading terms and definitions you may need to familiarise yourself with when creating a Quick Buy/Sell.
Definitions:
Asset balance: The total available amount of the selected cryptocurrency in your account.
Buy price/Sell price: The quote price that the cryptocurrency will be bought or sold at.
Cash available: The total available amount of cash in your account.
Review buy/sell: Provides a final summary of your Quick Buy/Sell prior to you confirming it.
Sell: The action of disposing of a cryptocurrency holding for cash.
Sell all: The 'Sell all' button calculates all of the selected cryptocurrency available in your account and inputs it into the ‘Sell’ field.
Spend: The total amount of cash to be spent purchasing cryptocurrency.
Spend all: The 'Spend all' button calculates all available cash in your account and inputs the figure as a spendable amount into the ‘Spend’ field.
You’ll receive/Receive: The total amount of cash or cryptocurrency to be received upon completion of a trade.
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