Trading terminal

What is a trading terminal?

A trading terminal is a specialized interface that provides traders with tools for market analysis, opening and managing trades. It is necessary for convenient and efficient trading on the exchange, allowing you to work with spot trading, market analysis and other tools in real time.

Main purposes of the trading terminal:

Market access

  • Allows traders to see current prices, trading volumes and liquidity.
  • Provides quick access to various trading instruments.

Fast deals execution

  • Assets can be instantly bought or sold without delay.
  • Different types of orders (market, limit, stop orders) help to optimize the strategy.

Market analysis

  • Charts, indicators, trend lines help to assess the market situation.
  • Technical and fundamental analysis tools help to predict price movements.

Risk management

  • Dividing capital into different assets to minimize losses.

History of transactions and portfolio accounting

  • Allows you to track balance sheet, profit/loss and effectiveness of strategies.
  • You can analyze past trades and make adjustments to your trading approach.

WhiteBIT TR trading terminal overview



This is about the way the basic trading terminal looks like. The central place on the page is occupied by an interactive chart displaying the price dynamics of the selected cryptocurrency pair. It provides various time intervals and tools for technical analysis, which helps traders make informed decisions. Let's analyze all its features, as well as other functions, in detail step by step.

Selecting a trading pair

In the upper left part of the trading terminal, you can select the desired trading pair. In the corresponding field, you can enter the ticker or filter the list. Next to the selected pair, you can see brief statistics, including trading volume and rate changes for 24 hours.

Chart analysis

The tools for drawing on the chart are located just below. They are necessary for a detailed analysis of the market situation and for adapting your decisions according to your trading strategy. You can use them to mark support and resistance levels, build trend lines, apply technical analysis figures and make notes directly on the chart.

In the same section, you can select the candlestick time interval, set up quick access to favorite instruments, change the chart display type (for example, Japanese candlesticks or bars), and edit the display mode.

You can find an interesting article about the features of candlestick charts in our blog at the link.

The selection of indicators and tools for analyzing market movements and trends on the chart is worth mentioning separately. Here, you can add various indicators to the chart, such as EMA (exponential moving average) to identify trends or Volume (trading volume) to analyze market activity. In addition, additional tools are available that allow you to drill down into the technical analysis, such as RSI, MACD or Bollinger Bands.

By moving to the upper right side of the chart, you will be given the option to select the chart type. The available options include the WhiteBIT TR base chart and the TradingView chart. When choosing a TradingView chart, you will have access to additional analysis tools, such as indicators and charting tools, offered by this platform. It is also possible to analyze the market depth (orderbook) by switching to the appropriate chart display mode. This will help you to assess the market situation and make informed trading decisions. 

You can read more about market depth in our blog article at the link.


In addition, you can expand the chart to full screen for easier analysis, take a screenshot by clicking on the camera icon, or set up notifications for a specific price or percentage change in an asset by selecting the alarm icon.

Below, you can change the display of price levels on the chart and select a different time zone, which will allow you to customize the data display to your preferences and trading peculiarities.

Open orders, History and Balances

At the bottom of the page, there is a section for managing orders and positions. Here you can view the history of recent trades on the selected trading pair, which helps to analyze recent market activity.
In the corresponding tabs you can:

  • Check active orders.
  • Track open positions and their dynamics.
  • View trading history, which contributes to more effective strategy management.
  • Check account balances to assess available funds and make trading decisions quickly.

An "All Markets" toggle is also available, allowing you to filter the displayed information by specific markets.

Orderbook

The right side of the trading terminal contains the orderbook. This is a tool that displays a list of actual orders to buy and sell an asset in real time. It helps traders assess market liquidity, identify possible support and resistance levels, and make decisions on entering and exiting trades.

In the orderbook, you can:

  • View the spread (the difference between the best buy and sell prices).
  • Change orderbook direction (display from bottom to top or top to bottom).
  • Adjust the price step for easy analysis.

To the right of the orderbook is the history of recent trades, which displays:

  • Execution price.
  • Transaction volume.
  • Time of fulfillment.

Information about a trading pair is available below, including for example:

  • Trading fee (taker's and maker's fee).
  • Minimum order size and step.
  • Ping (server response time).

When you hover over each of the values, you can get more information about them.

Order placement form

Below the order book there is a form for creating different types of orders — one of the key tools of the trading terminal. It is here that traders can place orders to buy or sell an asset, selecting the appropriate order type and customizing the parameters of the transaction.

Available order types are as follows:

  • Limit – allows you to set the exact buy/sell price.
  • Market – executes instantly at the current market rate.
  • Stop-Limit – triggers when the specified price (stop price) is reached and creates a limit order.
  • Stop-Market – turns into a Market order after the stop price is activated.
  • Multi-Limit – allows placing several Limit orders simultaneously.

Additional parameters for more flexible order management are also available:

  • Post-only – ensures that the order will be added to the order book as a limit order and not executed immediately.
  • IOC (Immediate or Cancel) – executes the order instantly, and the unexecuted part is canceled.
  • BBO (Best Bid Offer) – automatically selects the best price to execute the order.

To learn more about each order type, you can hover your cursor over the question mark next to them and a brief description will appear. 

More detailed information is available in our articles:

The trading terminal is a universal tool for analyzing the market and making deals. It combines a chart with advanced settings, a stock exchange stack, trading history and a convenient order placement system.

By using different order types, adjusting the parameters of trading instruments and analyzing market data, users can adapt the strategy to their goals.

It's important to remember: before you start trading, read our tutorials to maximize the use of all the platform's features and make informed trading decisions.

Support

In case of any questions related to the functionality of our exchange, you can:

  • Leave a request on our website;
  • Write to the support email: support@whitebit-tr.com;
  • Write to the chat using the button in the lower right corner of the screen (in the upper right corner of the WhiteBIT TR app, click ).

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