Trade FAQ

Why did my order fail or not execute?

All Orders only execute if a counterparty matches yours exactly at your agreed upon price. Standard is an orderbook exchange where traders trade each other. If your order is not filled, it means there is no trader who wants to match your order yet. If your order is not getting filled, try to cancel your order and try to buy or sell again in market, or you can wait until your order is filled as market fluctuates.

Price sometimes go up or down when I buy or sell, why is that?

When there is no match for submitted order, market price goes up and down. In Standard orderbook exchange, we have price actions for a pair to adjust market price when bid or ask orders do not exist. If a coin has no sell order but overflowed with market buy orders, the market price increases to incentivize sellers to match buyers' orders. If there are only market sell orders and no buy orders, the market price decreases to incentivize buyers to match sellers' orders.