What is a Buy Order?

A buy order on Obiex is a request to purchase a specific amount of cryptocurrency at a specified price. When you place a buy order, you are indicating your willingness to buy the cryptocurrency at the price you set. 

Once your buy order is placed, it will be matched with a sell order from another user who wants to sell their cryptocurrency at your specified price. If the price and amount match, the transaction will be completed, and the cryptocurrency will be credited to your Obiex wallet.