📗Public orders
Illiquid Market allows users to create requests to buy or sell tokens, which are called "public orders."
Last updated
Illiquid Market allows users to create requests to buy or sell tokens, which are called "public orders."
Last updated
Public orders can be browsed by any user in the order directory.
Anyone can choose to take a public order, either by completing the trade as a buyer or seller, or by selecting "Accept Offer" when viewing the original request. Provided they have the correct tokens in their wallet, and allowances granted, they can initiate a transaction that atomic swaps their tokens for your tokens.
This means the order taker pays the gas for the trade. Security assurances in place mean that the trade can only take place once, and that both the maker and taker must have the correct balance of the correct token in their wallets for the trade to process.
This allows for a decentralized and open market for trading tokens.
Overall, the public orders feature of Illiquid Market offers a convenient and transparent way for users to buy and sell tokens on the platform.
