How to create an order

Now that you have successfully connected your SOL wallet it’s time to trade. The trading experience is the same as a centralized exchange, with the same interface.
  1. Place a market order -> input size of base currency or quote currency

Input size of base currency or quote currency

2. Note the amount of decimals that are assigned to that token.

Place an order size with no more than 2 decimal places. (FIDA - Orderbook)

3. Approve your order

4. Once an order is completed or canceled you must settle your funds

Note that cancelling your Open Orders or having the trade successfully matched and traded won’t update your wallet balance. These funds sit in an intermediary account and require you to settle them back to your own sollet wallet. You have to go to Balances to settle them back to your Sollet.io wallet.

Unsettled funds will appear as the following

5. Settle funds will open a new window that will ask for approval to settle funds

You can settle your funds either on on the page where you've executed your trade in the box below or at https://dex.bonfida.com/#/balances. Click SETTLE or SETTLE ALL BALANCES.

Click SETTLE and approve transaction.

Below is an example of unsettled balances for Serum (SRM). You will see that it will display as unsettled balances.

Unsettled Balances

Once your balances have been settled it will appear as the following.

Settled Balances

Note that you need to settle your trades. Otherwise they will sit in an intermediary account