Einax Trading Interface

To participate in exchanging tokens using the Einax platform we recommend each and everyone to get familiar with the Einax market interface.

Einax has controls and indications that are fairly similar to other professional trading platforms. The whole interface is divided into 10 major sections.

1. Market selector — a switch that allows you to quickly switch between different markets, find the desired marketplace or take a quick look at market indicators.

2. Market indicators — a number of indicators describing market activity in the past 24 hours, such as

• Last Price — a price of the latest closed trade on current market
• 24h Change — price increase/decrease percentage between the last price and the price of the trade that was closed 24 hours ago
• 24h High — the highest price that was recorded in closed trades within the past 24 hours
• 24h Low — the lowest price that was recorded in closed trades within past 24 hours
• 24h volume — a total amount of liquidity that was traded on this market. For Ethereum markets — this number shows the total amount of ETH that changed hands during the past 24 hours.

3. K-line (Candlestick) market chart — commonly used market price change visualization. Each candle describes the price change within a certain time frame. Candle color shows if price change was positive (green) or negative (red). A shadow (thin sticks above and below candle) — represents High and Low values of price during that period.

4. Market depth (Sell) — a structured table, that lists the current amount of tokens being sold sorted by respective prices. It does not show individual sell orders, but rather an aggregated amounts. This table updates every second and may be slightly behind the real market. Every time order is placed, canceled or executed order book is being updated. Market depth table consists of three rows:

• Price — How much client is willing to receive for 1 token
• Amount — How much tokens client is willing to sell
• Σ — How much tokens buyer have to buy to start buying from this order

5. Market depth (Buy) — a construction similar to Market depth Sell, showing active requests to buy tokens sorted by price. Buy-side of the depth table characterized by the same three rows:

• Price — How much client is willing to pay for 1 token
• Amount — How much tokens client is willing to receive
• Σ — How much tokens seller have to sell to start selling to this order

6. Current price — an amount of liquidity that was paid for 1 token in most recent closed trade. This price indicates how much you can expect to receive when selling or how much you will pay when buying 1 token. However, this price is not precise and may potentially change every time trade is executed.

7. Trade history — a log of the last trades executed on the selected market. This log contains three rows:

• Size — a number of tokens that have been exchanged
• Price — a price that was paid per 1 token
• Time — server time that represents a moment when the trade was executed

Colors represent if the maker of the executed order was buying or selling tokens. If maker was buying — such order considered as “sell” and colored RED. Otherwise, if the maker was selling — such order considered as “buy” and colored GREEN.

8. Market Depth Visualization — a graphical representation of both sides Market Depth tables. Vertical Axis of depth chart represents a number of tokens being bought or sold and the horizontal axis indicates the token respective price. Market depth visualized as two “waves” (red — for “Sell” and green for “Buy”) that are gradually moving to a single point described as “price”. As buy and sell orders meet each other they are being executed and eliminated from the order book and this chart.

9. Order Placement Controls — an interface that allows the client to place buy or sell orders. In the early beta release, einax have 2 main order types — Limit order and Market order. Please make sure you carefully read order placement specifications and execution parameters in this article, before placing live orders. Remember — all trades executed on einax are final and will not be reversed unless a mishap was caused by the einax internal error.

10. Account History — an interface that gives client a detailed information about his active and executed orders.