📃Bid Order

What is Unich Pre-Market OTC Bid Order?

P2P Order allows buyers or sellers to place orders at their desired price and volume, which are then posted on Unich Pre-Market OTC's Order Book. Bid Order allows buyers or sellers to place orders with their desired price and quantity. At the same time, the Bid Order will be sent by the system to match with available orders on the opposite side of Unich Pre-Market OTC's Order Book.

The system will create a Bid Buy order and send Offers to all available buy orders on the market for the Buyer. The system prioritizes the best price that all buyers are offering.

The system will create a Bid Buy order and send Offers to all available buy orders on the market for the Buyer. The system prioritizes by the best price that all buyers are offering.

Notes:

• The party accepting the Bid Offer will prioritize the best match available on the market. Therefore, the order of the party accepting the offer will have its price adjusted.

• Bid Offers will not be sent to Cashout Orders on the Order Book since Cashout Orders do not have price fluctuations.

• Orders with collateral value below $2.5 will not appear on the order book and will not be matched with other orders.