Sell and buy orders
Buying with cash or selling for cash can be done via the buy
and sell
functions of a Market instance. The code snippets below send limit buy (taker) orders on the market, with an allowed slippage of 2%:
// buy limit order for 100 base tokens at an average price of 0.1 quote per base
const buyPromises = await mgvMarket.buy({volume:100, limitPrice:0.1, slippage:2});
const buyResult = await buyPromises.result;
// limit order with a desired quantitiy
const butPromises_ = await mgvMarket.buy({wants:100, gives:1000, slippage:2});
const buyResult_ = await buyPromises_.result;
// sell limit order (selling 10 base tokens).
const sellPromises = await mgvMarket.sell({volume:10, limitPrice: 0.09, slippage:2});
const sellResult = await sellPromises.result;
The buy
and sell
functions return types with a wealth of information about the trades that happened, or information about why a trade failed. Please refer to the description of these functions and their return types for more information.