Panic Sell
When all markets are starting to move down, experienced traders tend to sell their altcoins and stay in BTC or ETH. Zenfuse users will be able to instantly sell all altcoins, in all exchanges, with just one click. This action can save your portfolio.
The mechanism of the Panic Sell Button is described below:
The user firstly decides whether to sell some or all altcoins using a limit or a market order.
User clicks the Panic Sell Button.
Zenfuse remembers the current state of the user’s portfolio.
Algorithm decides how many orders are needed to sell all altcoins.
Zenfuse sends API requests to cryptocurrency exchanges and places the required orders on behalf of the user.
The orders are successfully executed on all required cryptocurrency exchanges.
Zenfuse receives responses from all required cryptocurrency exchanges.
Platform notifies the user about the successful “sell” of his altcoins.
Last updated
