Site & Trading Rules

Here are a few things to consider when investing with Kingston10Exchange.com

Market Orders

To help against dramatic price moves, we adjust market orders to limit orders collared up to 1% for buys, and 5% for sells. Collars are based off the last trade price. This means that your order won’t execute if the price of the cryptocurrency moves more than 5% lower than its price at the time you placed a market sell order, or more than 1% higher than its price when you placed a market buy order, until it comes back within the collar.

The market data displayed in this demo is not real time.

Limit Orders

A limit order is an order placed to buy or sell a specified amount at a specified price or better. You don’t have to worry about day trading limits on cryptocurrencies because they’re not regulated by FINRA or the SEC like stocks and options.

Limit Orders (placed in USD):

• Buy: You’ll never pay more than the USD amount you enter to purchase a specified amount of a cryptocurrency, rounded up to the nearest cent.
• Sell: You’ll never receive less than the amount you enter to sell your specified amount of a cryptocurrency, rounded down to the nearest cent.

Limit Orders (placed in fractional amounts):

• Buy: You’ll always receive the exact amount of cryptocurrency you entered in the order. The limit price for crypto buy orders is the maximum amount in USD you pay for a specified amount of crypto, potentially rounded up to the nearest cent.
• Sell: You’ll always sell the exact amount of cryptocurrency you entered in the order. The limit price for crypto sell orders is the minimum amount in USD you’re willing to receive for a specified amount of crypto, potentially rounded down to the nearest cent.

NOTE

Limit orders aren’t guaranteed to execute. Your limit buy order will only execute if the cryptocurrency meets or falls below your limit price, and your limit sell order will only execute if the cryptocurrency meets or goes above your limit price.

Order Sizes

You don’t have to buy full coins on Kingston10Exchange.com. You can place an order to buy or sell cryptocurrencies in fractional amounts. Not all cryptocurrencies offer fractional amounts.

Estimated Buy and Sell Price

You can see the estimated buy or sell price for a cryptocurrency in Trading Account

1. Navigate to the Detail page for the cryptocurrency.
2. Tap Trade.
3. Tap Buy or Sell.
4. Tap  Est Buy Price or  Est Sell Price.

You can also see the estimated buy or sell price for a cryptocurrency in your web app on the order panel.

Why is the estimated buy price different than the estimated sell price?

The difference between the estimated buy and sell price is called the spread.The size of the spread is a measure of the liquidity of the market, or how quickly and easily you can convert between cash and this cryptocurrency. Typically, if more people are trading a cryptocurrency, it'll be easier to find someone willing to trade with you. This is why you may see smaller spreads for better known cryptocurrencies like Bitcoin, and larger spreads for lesser-known cryptocurrencies.

Trading Times

You can invest in cryptocurrencies 24/7 on Kingston10Exchange.com. This does not include planned down time for site maintenance. When this becomes unavoidable, we will notify you of any planned/scheduled maintenance windows and their duration. If you place orders to buy or sell cryptocurrencies during a maintenance window, your order may not execute until the maintenance is complete and trading begins again. Additionally, any pending orders will remain pending for the duration of the maintenance schedule.

Instant Cryptocurrency Settlement

You’ll receive the proceeds from your sales to purchase other cryptocurrencies immediately.

However, the ACH settlement period (typically not more than 7-10 business days) still applies when you withdraw funds from your Kingston10Exchange.com account to your bank account. This means you won’t be able to withdraw the proceeds from your sales during the settlement period.