Accessing the Limit Orders page
To set your limit order, head over to the Shakepay app, click the "Buy & Sell button", and click on "Limit orders".
Creating a buy order
After tapping on "Create a buy order", select either Bitcoin or Ethereum
Once you select "Bitcoin" or "Ethereum", you will see the current buy price at the bottom of the screen
To buy the crypto at a specific price or less, you can insert the highest quote you'd like to buy for
The last step will be to enter the amount of CAD you want to use to purchase crypto. Your crypto will then be bought automatically at the price you've specified
Once you create the buy order, it can be seen on the Limit Orders page. If you tap on it, the details are shown and the buy order can deleted at any time.
Make sure you have enough CAD available in your Shakepay wallet to complete the purchase.
Please note, it is not possible to place a new limit order while you are outside of Canada. However, any limit order that was placed when you were in Canada will still be triggered while you are abroad.
Creating a sell order
After tapping on "Create a sell order", select either Bitcoin or Ethereum
Once you select "Bitcoin" or "Ethereum" you will see the current sell price at the bottom of the screen
To sell the crypto at a specific price or more, you can insert the lowest quote you'd like to sell for
The last step will be to enter the amount of Bitcoin or Ethereum you will sell for Canadian dollars at the price you've now specified
Make sure you have the amount set of BTC or ETH available on your Shakepay balance.
How can I buy or sell crypto on the app?