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07. Reserve Order/Iceberg 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

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Mobile Website

  • Login to NDAX
  • Click the NDAX SYMBOL on the top left-hand corner
  • Click TRADE from the dropdown menu
  • On the trade page, click BUY (Green button) or SELL (Red Button) at the bottom of the screen
  • Click the small GREY ARROW on the upper left corner and select the BTC/CAD pair
  • Select IOC
  • Enter ORDER SIZE
  • Enter LIMIT OFFSET
  • Enter the display quantity
  • Click PLACE BUY/SELL ORDER


    To learn more about Reserve/Iceberg Orders, check out our blog:
    Advance Trading: Bitcoin Reserve/Iceberg Order

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Other order types: