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How to place a sell order

⚠️ Try using a fresh BTC wallet/account designated for trading on Saturn. Saturn will never allow you to spend Rare Sats on fees within the platform. Outside of Saturn however this is not guaranteed.

PreviousTrade HistoryNextHow to place a buy order

Last updated 6 months ago

You don't have to match the exact quantities within the orderbook, but you do have the match atleast the minimum order size.

Minimum order Sizes per Type: The First Transaction, Palindrome, Uncommon: 1 Nakamoto, Block 78: 1,000 Pizza, Vintage: 10,000

  1. Navigate to the orderbook using the LIMIT tab located at the top of Saturn website.

  1. Choose the quantity you want to sell: right above this input field, you see your current Balance (how much your wallet holds)

  2. Here you see the total value of your order. In this case we are selling 1 uncommon, for 425.000 Satoshi's, so the total order size is 425.000

  3. Under 4. You see we have an open sell-order, and this is reflected on the sell-side of the orderbook.

  4. Click on "Swap".

  5. In the following window, you have to choose your Fee rate. If the Bitcoin network is busy, it is recommended to choose Medium, or Fast.

  1. Click "Sell". Your order is now entered into the Orderbook. If a buy-order at your sell price, is present it gets filled immediately. If there is no buy-order at your sell price, it get's added to the sell-side (top) of the orderbook, as illustrated under point 4.

  2. Congratulations! You just sold some Satoshis.

Choose the price at which you want to sell. We've chosen a price of 425.000 per Uncommon, because if this is the highest buy order on the orderbook (check rightside)

Satoshi's
Use the limit button to navigate to the orderbook.
How to place a sell order
Choosing a fee rate