Help Centre
Trading
The spot exchange: order book, chart, limit and market orders, fees.
- Introduction to the spot exchangeHow does trading work on Lovely Legends?Lovely Legends runs a spot exchange with a real matching engine. Each market pairs a base asset with a quote asset — LF/USDT, for example — and every order you place rests on or matches against a live order book shared by all traders. You can place limit orders and market orders, watch the book and the candlestick chart update live, and cancel or replace your open orders at any time.Read
- How to place a limit orderHow do I place a limit order on Lovely Legends?Open the Trade tab, choose your market, and select the Limit tab in the order form. Choose Buy or Sell, type the price you want and the amount, and check the Total the form calculates. Tap the Buy or Sell button to place it. The order rests on the order book until the market reaches your price — it may fill later, fill partly, or never fill.Read
- How to place a market orderHow do I place a market order on Lovely Legends?Open the Trade tab, pick your market, and select the Market tab in the order form. Choose Buy or Sell and enter the size — a market buy is sized in the quote currency, so you state how much you want to spend rather than how much you want to receive. Tap Buy or Sell and the order fills immediately against the best prices in the order book.Read
- Understanding the order book and the chartHow do I read the order book and the price chart on Lovely Legends?The order book lists every resting order in the market: sells above, buys below, with the current spread in between. Each row shows a price, the amount available at it, and a bar whose length shows the cumulative size up to that price. The chart shows the same market as candlesticks, where each candle is one time interval's open, high, low and close, with volume underneath.Read
- Order types and the price bandWhy did Lovely Legends warn me about my order or refuse to place it?The exchange checks your order against a price band around the current market price before accepting it. An order priced moderately far from the market shows a confirmation asking whether you meant it; an order priced very far from the market is refused outright. The band is measured from the best price currently in the order book, and it exists to stop a mistyped price from executing against the whole book.Read
- Trading feesWhat are the trading fees on Lovely Legends?The standard spot schedule is 0.20% maker and 0.30% taker. You pay the maker fee when your order rests on the book and someone else trades against it, and the taker fee when your order fills immediately against orders already there. On a buy the fee is charged on top of the order total, so you need slightly more quote currency than the total shown.Read
- Open orders and order historyWhere do I see my open orders and past trades on Lovely Legends?Both are on the Trade screen, under the order form. "Open orders" lists everything still resting on the book, with its price, amount and how much has filled; you can cancel any of them individually or use Cancel all. "History" lists orders that are finished — filled or cancelled. Open orders update live as they fill.Read