Before we jump into how sell orders work, a heads-up that Exponential users can only buy and sell in 'lots.' That means before you make an investment, you should consider if you plan to sell in increments or all at once.
For example, you buy 10 LP tokens for a Uniswap ETH market-making pool. If the price of ETH rises and you want to sell, you must sell all 10 LP tokens at once. If you want to take partial profits, you should execute two or more separate investments. This way, when you want to take a profit, you can sell 1 lot at a time.
Next, let’s go over fees. Exponential charges a 1% service fee when you make a digital asset sale (all gas fees are included in the service fee). For example, if your sale proceeds are 10,000 USDC, the Exponential service fee would be 100 USDC. You will see the fee on your order confirmation screen and receipt.
Go to Investments in your Exponential account.
Find the pool you want to sell and click Sell.
Select the lot(s) you’d like to sell and the amount, then click Next.
Look over your sell order and make sure it is correct. If you need to make a change, click Change my order, and update it. If everything looks good, click Place order.
Orders are executed within 24 hours. Remember that the final value will be based on the market price when your order goes through.
Keep an eye out for an email confirmation with your order details.
Looking for something else? Use the directory below to view another topic.