User Guide

This guide is intended for traders, and contain the information on using trading interface as well as some tips on plotting chart and placing orders.

Login Screen

The login screen provides you with the following abilities:

Signing Up

If you are visiting the B2Trader exchange for the first time, it is required to create and set up your profile to access the exchange functionality. You can start creating new profile from the Login Screen.

  1. Click Not a member? Sign up now!.

  2. Fill out the form.

  3. Click Continue.

The confirmation code will be sent to the email address, which was used during the registration process.

Note

If you haven’t received the email with the confirmation code, please check your spam folder. Also, you can resend the code after one minute.

  1. Type in the received confirmation code.

If the confirmation code is correct, you will be transferred to the Signing In screen. The signup procedure is successfully finished and you can use your credentials to access the B2Trader exchange.

Signing In

Signing in means to authenticate in the B2Trader exchange using your credentials (email and password). This procedure is also required after a certain time period of inactivity from considerations of data security.

Enter your email address and password, then click Sign in to access the exchange.

Retrieving Password

In case if you lost your password, you can retrieve it by using your email address.

  1. On the login screen click Forgot your password?.

  2. Type in your email address, then click Send.

The confirmation code will be sent to your email address.

Note

If you haven’t received the email with the confirmation code, please check your spam folder. Also, you can resend the code after one minute.

  1. Type in the received confirmation code, then click Confirm.

  2. Type in the new password. The password must contain at least six symbols including uppercase and lowercase Latin letters, special characters, and digits.

  3. Click Set password.

The new password is set. You can use it on the Signing In screen to access the exchange.

Verification

In some cases, in order to access the exchange functionality and be able to trade, it is required to achieve the proper verification level. The verification levels are achieved by confirming your email address, phone number, sending your ID document photo, etc.

Navigate to Settings > Verification to view your verification level and raise it.

Introduction

This section provides you with basic information on the exchange UI elements. Use this information to get a quick overview of different items of the navigation menu as well as some tips on using UI tools.

Widget Customization

The exchange Trade page consists of widgets. Widget is a set of tools combined by similar functionality. For example, your assets and tools for managing them are combined in a single widget. Also, widgets can be divided into tabs within a single window.

You can customize the Trade page widgets by performing the following actions:

  • Rearrange widgets. Click and hold the widget header and drag it to the desired location on the page. Other widgets will automatically rearrange while you move the widget

  • Resize widgets. Point the cursor over the edge of the widget, then drag the edge to resize the widget. You can also drag the bottom right corner of the widget to resize both its edges simultaneously. Other widgets will automatically rearrange while you are resizing the widget

  • Add new widgets. Click the (+) icon in the toolbar to open the widget list. Click the widget in the list to add it to the page

  • Add tabs to a widget. Click the (+) icon in the upper right corner of the widget to open the widget list. Click the widget in the list to add it as a new tab to the current window

  • Remove tabs and widgets. Click the (X) button next to a tab name to remove the tab. If all tabs are removed — the entire window will perish. But not forever. You can always add it again

  • Reset widgets. Click the Reset icon in the toolbar to reset the page layout to the default state

Trading

Navigate to Trade in the menu to access the exchange trading interface.

The toolbar is located on the left side of the page and consists of the following tools:

  • Navigation menu. Click to open the list and access the other pages of the exchange

  • Workspaces. The tool allows you to create new workspaces. This allows you to customize several different widget layouts and easily switch between them. You can also delete the unrequired workspaces

  • Widgets. The tool is used to add widgets to the current workspace. Click the icon to open the list of widgets, then click a widget to add it

  • Announcements. Click to open the list of messages received from the system

  • Settings. The tool gives access to general settings, such as switching language and choosing light/dark theme

  • Logout. Click to log out from the system and navigate to the Login Screen

Placing Orders

When placing an order to buy or sell an asset, you can select one of the following types:

  • Market order. A market order is an order to buy or sell an asset at the market’s current best available price. If you’re buying an asset, a market order will execute at whatever price the seller is asking. If you’re selling, a market order will execute at whatever the buyer is bidding. Market orders are executed immediately by filling with best price orders from the order book.

  • Limit order. Limit order allows you to set the price at which you are willing to buy or sell an asset, and if the asset reaches that price, the order will be filled. Sometimes the exchange will even fill your order at a better price. After placed, the limit order will appear in the order book and will stay there until the market reaches the defined price to fill the order.

Time in Force Strategies

Market orders can be placed by applying a Time in Force option, which defines how the orders are executed or canceled. The following Time in Force options are available:

  • IOC (ImmediateOrCancel). An order that is fully or partially executed immediately (any unfilled portion of the order is canceled). IOC orders typically used when submitting a large order to avoid having it filled at an array of prices. An IOC order automatically cancels any part of the order that doesn’t fill immediately. For example, you are placing an order to sell 1 BTC at a current market price using the IOC option. But the first available buy order for such price is placed only for 0,3 BTC. Your order will be partially filled with 0,3 BTC and 0,7 BTC will be canceled.

  • FOK (FillOrKill). The Time in Force option used to execute an order immediately and completely, or not at all. This type of order is most often used for active trading. Take the same example as above, you are placing an order to sell 1 BTC at a current market price using the FOC option. The first available buy order for such price is placed only for 0,3 BTC. In that case, your order will be canceled completely.

Placing a Market Order

Market orders are placed by using the Market widget. The widget is split into Buy and Sell parts. Therefore, according to the operation you wish to perform, the fields of the corresponding part of the widget shall be filled. The following example describes the procedure of converting BTC to USD using the IOC Time in Force option.

  1. Click the market field, then select the market from the dropdown list (BTC/USD).

  2. Choose the Time in Force option (IOC).

  3. Define the Amount field value.

  • The Total USD value will be calculated automatically

  • You can use predefined amount buttons (25%, 50%, 75%, and 100%) to define the Amount

  • Check the Total (how much you will receive) and Fee (total fee to pay) values at the bottom of the window

  1. Click Sell BTC.

In case of successful order execution, it will appear in the Filled Orders widget.

Placing a Limit Order

Limit orders are placed by using the Limit widget. The widget is divided into Buy and Sell parts. Therefore, according to the operation you wish to perform, the fields of the corresponding part of the widget shall be filled. The following example describes the procedure of placing an order of converting USD to BTC.

  1. Click the market field, then select the market from the dropdown list (BTC/USD).

  2. Define the Price field value.

  3. Define the Amount (amount of BTC you wish to buy), or the Total (amount of USD you want to sell) field value.

  • You can use predefined amount buttons (25%, 50%, 75%, and 100%) to define the Total

  • Check the Total (the actual amount of USD, which will be converted to BTC) and Fee (total fee to pay) values at the bottom of the window

  1. Click Buy BTC.

In case of successful order placement, it will appear in the Order Book and Open Orders widgets. In case of the order execution, it will be transferred from the Open Orders to the Filled Orders widget.

Using Chart

Trading chart is your main tool, which helps you make a decision in forming buy and sell orders. The trading chart is displayed on the TradingView widget.

A trading chart is a sequence of prices drawn over a certain time frame. On the chart, the vertical axis (the y-axis) signifies the price scale and the horizontal axis (the x-axis) represents the time scale. Prices are illustrated in a way, where the most recent price is placed on the furthest right.

Time Frame

The time frame defines the time period displayed by a single chart unit (candlestick, bar, etc.). You can have intraday (1-minute, 5-minute, 15-minute, 30-minute, 1-hour, 12-hours), daily, weekly, or monthly time frames. For example, if you want more detail to be displayed, the intraday time frames shall be used.

Focusing on charts made up of daily data (such as 10-minute graphs) may help to predict short-term price fluctuations. However, while rich on detail, short-term also contain a lot of random noise and can be volatile. Large price spikes, price gaps and wide high-low ranges can distort the overall picture much easier.

Concentrating on weekly and monthly charts may reveal long-term trends and predict long-term price movements. However, the use of both short-term and long-term charts can provide better efficiency. Bigger time-frames are used for analyzing the general picture and to get a broad perspective of the price action. Once the large picture is analyzed, a daily or an even smaller time frame can be used to zoom in on the last few months, days, and hours.

Chart Visualization

There are several most used methods to visualize price movement — Line, Bar, Candlestick, Heikin-Ashi. Each of them has its own advantages and blind spots.

Line Chart

Line charts include one piece of trading information, which is usually the last price traded during the time frame. Moreover, sometimes there are only closing data available for some indices and thinly traded assets, rendering line charts the only available option.

Bar Chart

One of the most popular charting methods is the bar chart. In order for each period of the bar chart to be plotted, it is required to know the high, the low, and the close values. The open price is not mandatory, but it is used when available. The high and low are visualized by the top and bottom of the bar. The open price is displayed as a short horizontal line extending to the left of the bar, while the close is the short horizontal line extending to the right.

Bar charts are more suitable for displaying a large amount of data than the Candlesticks Chart. The individual bars are relatively thin, enabling to fit more bars before the chart gets cluttered. Line charts show less clutter as well, but also offer less detail (no high-low range). Bar charts that lack open price are an ideal method for analyzing the close relative to the high and low.

Candlesticks Chart

For a candlestick chart to be plotted, it is required to know the open, close, high, and low of the price together. The candlestick chart makes the relationship between the open and the close very easy to read. Green candlesticks indicate upward price movement (when the close is higher than the open), while red candlesticks are plotted when the close is below the open. The distance between the open and the close, illustrated as a vertical red or green rectangle, is called the body of the candle. The lines reaching above and below the body are known as shadows and represent the high and low for the respective period.

Heikin-Ashi

Heikin-Ashi chart looks like the Candlesticks Chart, but the method of calculation and plotting of the candles on the Heikin-Ashi chart is different.

In Candlesticks Chart, each candlestick shows four different prices: Open, Close, High, and Low price. Every single candlestick is independent from others and has no relation with the previous or next candlestick.

Because of the delay, the Heikin-Ashi chart has less number of false signals. Also Heikin-Ashi candles, unlike the candlesticks, don’t have too many different patterns.

Widgets

You can customize your workspace by using different widgets. Please refer to Introduction section to find more information about managing workspaces and widgets.

The following widgets are available:

Market

Widget is used to place market orders.

Limit

Widget is used to place limit orders.

Favorite Markets

Widget displays the list of your favorite markets. You can customize the list by adding or deleting the markets. If you click a market in the list, the entire workspace will adapt, meaning that the trading chart and order widgets will be automatically switched to the selected market.

Order Book

Widget displays the list of buy and sell active limit orders divided by Spread. You can select a market to display orders for as well as group the orders by using the +/- buttons.

  • Red section represents active limit sell orders

  • Best Ask is a value at the bottom of the red section (the sell order with the lowest price)

  • Green section represents active limit buy orders

  • Best Bid is a value at the top of the green section (the buy order with the highest price)

  • Spread = Best Ask - Best Bid

The following information is displayed in the widget (BTC/USD market taken as an example):

  • Price (USD). The price for 1 BTC within the order

  • Quantity (BTC). The total amount of BTC within the order

  • Total. The total USD amount required to fully execute the order

Trade History

Widget contains the list of all the executed orders (fully or partially) for the selected market sorted by time (the most recent order is located at the top of the list).

TradingView

Trading chart. Please refer to Using Chart for more information.

Market Depth

Widget displays the Depth of Market (DOM) — a real-time electronic list of all the buying and selling orders queuing up to be executed.

WatchList

Widget displays the list of markets of your interest. It helps you to stay relevant and be aware of the latest 24-hour changes in the selected markets.

  • Click a market to switch the trading chart and order widgets to that market

  • Click Add instrument and select a market from the list to add to the widget

  • Click X to delete a market

The following information is available for each market, and is updated every few seconds (BTC/USD market used as an example):

  • Last Price. The BTC price of the most recent trade within the market

  • 24 Hour Change, %. The percentage of price change between 24 hours ago and the current moment. Green color value means that the BTC became more expensive, and red color — if cheaper

  • 24 Hour Volume. The amount of BTC traded for USD for the past 24 hours by all the exchange users

  • 24 Hour Low. The lowest BTC price registered in the successful trade for the past 24 hours

  • 24 Hour High. The highest BTC price registered in the successful trade for the past 24 hours

Assets

Widget displays the list of your assets, including the information about the total and available for trade balances. You can hide assets with zero balances from the list.

Open, Filled, and Inactive Orders

Widgets display the list of the following orders:

  • Open Orders — active limit orders

  • Filled Orders — market and limit orders, which have been filled

  • Inactive Orders — orders, which currently are not involved in the exchange processes

You can filter the list by date, as well as by using quick filters (last 3 days, last week, and last month). You can delete Open and Inactive orders.