XID order book gives more power to high-volume P2P traders and increases their chances of finding and matching with large traders faster! It’s helpful for anyone looking to buy or sell large USDT volumes in less number of trades.
Who can use it?
- Anyone who has an XID (How to create an XID?)
- Anyone who wants to match with large buy or sell orders
How to use the XID Order Book?
If you are a Buyer If you are a Seller
Let’s say you want to buy 950 USDT and prefer being matched with a large seller so you don’t have to deal with multiple matches or transactions.
- In the XID Order Book, take a look at the Seller side. Spot any Seller who has quantities closest to 950 USDT.
- Click on the order. Your order form will be filled with all the details. Go ahead and place the order.
- You will be matched with the Seller immediately. Make the payment to the seller as soon as possible and then click on ‘I have Paid’. When the seller confirms receiving the payment, you will receive the USDT immediately. Your trade is complete!
Let’s say you want to sell 700 USDT and prefer being matched with a large buyer so you don’t have to deal with multiple matches or transactions.
- In the XID Order Book, take a look at the Buyer side. Spot any Buyer who has quantities closest to 700 USDT.
- Click on the order. Your order form will be filled with all the details. Go ahead and place the order.
- You will be matched with the Buyer immediately. When you receive the payment, confirm it by clicking on 'Yes, I have received'. Your USDT will be released to the Buyer and the trade is completed!
My Order did not get matched with the XID I selected?
There could be multiple reasons why your order did not match with the XID you selected from the XID order book -
- The buyer/seller cancelled their order.
- The buyer/seller was matched with another buyer/seller immediately before matching with you.
- You changed the buy or sell price of your order.
What is the minimum threshold for my order to show up in the XID Order Book?
Your buy or sell order should be above 500 USDT for it to be shown in the XID Order Book.