A Market Order is a buy or sell order executed at the best available average price on the NDAX orderbook. The advantage of this order is that it is simple, and the trade is fully executed immediately at the best average price at that moment. The disadvantage is that you cannot fully guarantee the exact price of the order. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD Click on MARKET Enter ORDER SIZE (how much you want to purchase or sell) Click PLACE BUY OR SELL ORDER --

 A limit order is a buy or sell order executed at a specific price. The advantage of this order is that if the order is executed it will be done at a fixed price. However, the disadvantage to this order is that there is no guarantee that the order will ever be executed or filled. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD pair Click on LIMIT Enter ORDER SIZE (how much you want to purchase) Enter LIMIT PRICE (the specified price the order will execute at) Click PLACE BUY/SELL ORDER

A Stop Order is a Market Buy or Sell Order that is triggered once a cryptocurrency hits an exact price. The disadvantage like any Market Order, is that you cannot fully guarantee the exact price of the executed order, but you can ensure that it is executed once the price trigger has been met. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD pair Click on STOP Enter ORDER SIZE Enter STOP PRICE (the specified price when the order will turn into a market or limit order) Click PLACE BUY/SELL ORDER

A Stop Limit Order is a Limit Buy or Sell Order that is triggered once a cryptocurrency touches an exact price. The advantage of this order is that you can ensure an exact price for the order but like any limit order it may not execute if the price does not reach that level. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD pair Click the small GREY ARROW on the pop-up to display the dropdown list Advanced trade orders

A Trailing Stop Limit Order is a Limit Buy or Sell Order that is triggered once a cryptocurrency touches a trailing amount set by the user. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD pair Click the small GREY ARROW on the pop-up to display the dropdown list of Advanced trade orders Click on TRAILING STOP LIMIT Enter ORDER SIZE Enter LIMIT PRICE Enter STOP PRICE (the specified price when the order will turn into a limit order) Click PLACE BUY/SELL ORDER --

A Trailing Stop Market Order is a Market Buy or Sell Order that is triggered once a cryptocurrency touches a trailing amount set by the user. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD Click the small GREY ARROW on the pop-up to display the dropdown list of Advanced trade orders Click on TRAILING STOP MARKET Enter ORDER SIZE Enter LIMIT PRICE Enter STOP PRICE (the specified price when the order will turn into a limit order) Click PLACE BUY/SELL ORDER --

A Reserve or Iceberg Order is a large trade that is divided up into multiple limit orders. The orders are split into visible and concealed amounts. The concealed orders become visible as the visible portions are executed. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD pair Click the small GREY ARROW on the pop-up to display the dropdown list of Advanced trade orders Click on IOC Enter ORDER SIZE Enter LIMIT OFFSET Enter the display quantity Click PLACE BUY/SELL ORDER --

A Fill or Kill Order is a trade that executes immediately and completely at a certain price but if it cannot fill the entire order immediately then it will be cancelled entirely. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD Click the small GREY ARROW on the pop-up to display the dropdown list of Advanced trade orders Click on FILL or Kill Enter ORDER SIZE Enter LIMIT OFFSET Click PLACE BUY/SELL ORDER

An Immediate or Cancel Order (IOC) is a trade that executes immediately and cancels any unfilled portions of a partially filled order. Desktop Login to https://ndax.io/ Once you log in you will be redirected to your dashboard Click TRADE on the left-hand side of the screen On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD Click the small GREY ARROW on the pop-up to display the dropdown list of Advanced trade orders Click on IOC Enter ORDER SIZE Enter LIMIT OFFSET Click PLACE BUY/SELL ORDER --

In order to understand how an orderbook works, you must first understand its four concepts which are bid, ask, quantity and spread. The bid is a price (labelled in green) offer given by the buyer to purchase. The ask is a price (labelled in red) offer given by the seller to sell. The quantity is the amount the buyer is willing to buy, or the seller is willing to sell.