Once you are ready to transact, you need to log in to the Genesis trading platform and go to the “Trading” page. In order to initiate a trade, you need to submit a quote to the Genesis trading team.
To send a quote to the Genesis trading desk:
Select Asset Type
To send a quote to the Genesis Trading Team, first select the digital currency you wish to trade from the “Asset” dropdown as shown below.
XBT=Bitcoin, ETH=Ethereum, ETC=Ethereum Classic, BCH=Bitcoin Cash, LTC=Litecoin, XRP=Ripple
Next, indicate whether you want to request a quote from Genesis, or place an order at a specific price Please note, all orders are quoted in live time and limit orders are not accepted.
If you select “Price” from the “Type” dropdown, you’ll need to specify the price and volume at which you’d like to enter a bid/offer. Genesis will then either accept, reject or counter quote at a different price point, until the terms of the trade can be agreed upon.
If you select “RFQ” from the “Type” dropdown, you can enter either the volume or value you’d like to trade. Genesis will then enter a price that you can accept, reject or counter until the trade terms are agreed upon.
Genesis does not accept limit orders or IoIs. Genesis only accepts market orders.
Trade Side / Other Information
In the side dropdown, you can select if you’d like to buy (bid) or sell (offer). You can enter quotes at a given quantity (in number of tokens) or value (in dollars). You’ll have the option to write a brief message sent along with your quote.
Once you have completed the volume or value field, hit “submit” and the quote will be sent to the Genesis Trading Team. Remain logged in to the platform and attentive to your active trades so that you are able to respond to quotes and agree to a trade with the Genesis.