Bithumb, 'Automatic Split Order'.. Invest by Dividing into Up to 10 Price Quotes

[Financial News] Bithumb announced on the 11th that it will introduce an 'Automatic Split Order' service that allows orders to be distributed across multiple price ranges during virtual asset trading.
As a result, users can register orders for a specific coin at up to 10 different price quotes (price ranges) at once. Purchase orders are split at lower prices based on the set conditions, and sell orders are split at higher prices.
Subsequently, when the market price reaches the relevant range, the transaction is executed. Orders that are not executed can be maintained or individually canceled.
To use the automatic split order, select 'Split' in the price quote order tab of the virtual asset to be bought or sold, and enter the order conditions such as △starting price △order amount △number of orders △order interval. Orders can be set from a minimum of 2 to a maximum of 10. Each order is individually registered at intervals based on the price quote unit. After registration, individual cancellations for specific price quotes are also possible.
A Bithumb representative said, "The automatic split order is a feature that supports more convenient and precise trading when price fluctuations are expected," adding, "We expect a trading environment that can flexibly respond to market changes."

elikim@fnnews.com Kim Mi-hee Reporter