Order-Book Markets

Swapping is quick, but sometimes you want to name your own price and wait for the market to come to you. That's what order-book markets are for. Instead of trading against a pool, you post buy and sell orders that match with other traders — the classic way to trade, for people who want more control.

Finding a market

Open the Exchange tab to browse every trading pair on BeeZee. You can search by token, and each row shows the current price, its 24-hour change, and the 24-hour volume, so you can see what's active at a glance. A verified badge marks pairs whose tokens have been checked, which helps you tell a well-known token from a look-alike. Pick a pair to open its market.

On a market page

A market gives you everything you need to trade at your own price:

• The order book — a live list of the buy orders (bids) and sell orders (asks) waiting to be filled. Click any row to drop that price straight into your order form.

• The price chart — the pair's history, with timeframes you can switch between to zoom in or out.

• Buy / Sell forms — set the price you want and the amount, and place your order. If it matches an existing order right away, it fills; if not, it rests in the book and waits.

Your open orders

Any order that's still waiting shows up under your open orders, and you can cancel it at any time to get your tokens back. Other tabs let you follow the market's history (recent trades by everyone) and your own trades, so you can keep track of what filled and when.

Maker and taker fees

Which fee you pay depends on one thing: whether your order waits in the book or fills on the spot.

• A maker order rests in the book and adds liquidity for others to trade against — it pays the lower maker fee of 0.001 BZE.

• A taker order fills immediately by taking an order that's already there — it pays the taker fee of 0.1 BZE.

In plain terms: if you're patient and let your order sit, you pay less; if you want it done now and grab an existing order, you pay a little more.

For example. A gaming guild's $GUILD token trades against BZE. A member thinks it's a touch overpriced today, so instead of swapping they place a buy order a little below the current price and let it rest. A while later another trader sells into it, their order fills, and because their order waited in the book, they paid the small maker fee.

Wallet, buying BZE, bridging tokens in, and fee settings are shared across the apps — see the Using the Apps guides. Want to trade a pair that doesn't exist yet? New markets are created in Token Factory.