# Flamingo Advanced Trade

[Advanced Trade](https://flamingo.finance/trade/advanced) is a new trading section for advanced traders on [Flamingo.Finance](http://flamingo.finance) where you can search for and select trading pairs, see data on the price history of trading pairs, execute trades, and more. 

**Note:** You can also still use **Convert** to trade assets in a more simple form of trading if you wish. 

A **trading pair** is two assets that can be traded against each other, usually on an exchange. They are often displayed as such: BTC/USD. When they are displayed as such, the first asset is called the **base asset** and the second asset is called the **quote asset**. In the case of this BTC/USD trading pair example, BTC would be the base asset and USD would be the quote asset. Think of it like this: when the trading pair is BTC/USD, the prices are quoted in USD.

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2FJEpQ7Xs8U5DWQpRpe2ma%2Fimage.png?alt=media\&token=88e2b038-e858-4732-902e-b19e68ef77f1)

### **Area A  - Trading Pair Info** 

On the **Trading Pair Info** panel, you can get information about the selected trading pair at a glance and see the price of the base token in USD no matter the quote token. 

### **Area B  - Trading List** 

On the **Trading List**, you can see all trades on the trading pair happening live, and can also check your own trading history for the active pair. 

### **Area C  - Trading View** 

You can get the full power of **Trading View**™ on your favorite Flamingo trading pair. You can add indicators, compare prices against other pairs, and see live prices down to the minute. 

### **Area D  - Trade Panel** 

On the **Trade Panel**, you'll be able to buy and sell the token of the selected pair by dragging easy-to-use sliders or setting amounts manually. For now, the **Trade Panel** only features **market orders** (see below to learn how to execute one), but **limit orders** (together with a complete on-chain order book) will come soon. 

### **Area E  - Trading Pair Selector** 

On the **Trading Pair Selector**, you can browse and select the pair you wish to trade in the searchable trading pair list on the right. Here, you can also get a glance on how every trading pair on Flamingo is performing at the moment.

## How to Execute a Market Order 

A **market order** is an order to buy or sell a token at the market's current best available price. A market order typically ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute a trade immediately. We'll walk you through how to execute one. 

Things you will need:

* A computer with an installed internet browser
* A Neo N3 wallet
* Assets to trade 
* Neo N3 GAS tokens for transaction fees

1\. Go to [Flamingo Finance Trade](https://flamingo.finance/trade/overview) > **Advanced Trade**.

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2Fo6s2GNmWJ4KUTy4LnzZk%2F1%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=c62cc0fa-d4ad-4fea-8642-acfede00ad09)

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2F1tGzz9mx3NBrq0HSk1C3%2F2%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=8cbd79ea-2712-4f1e-8356-c6075b8054a3)

2\. If your wallet isn't already connected, scroll down to the **Market** tab and select **Connect Wallet**. 

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2FMHmR1OtxxHrkfo6KHmJ1%2F3%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=75ffe135-dcae-4050-af40-af6300c2b17b)

3\. Select a wallet to connect. For this example we will use NeoLine. 

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2F9T5n1zlC9ke7CtVjIQ1z%2F4%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=48f9285d-cb69-4dba-afbc-76c50e7d3709)

4\. At your NeoLine wallet, select **Connect**. 

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2FAPGf7TT5kPBLVHm0PO5x%2F5%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=fcb022cb-2523-48d6-94a2-e5aa0e5ac8f0)

5\. Now that your wallet is connected, select the trading pair you would like to trade. For this example we will trade the **GAS/FLM** pair, and sell GAS for FLM.

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2F3DTwCIkpJ02fo6ju1i4D%2F6%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=48c3014a-2439-403d-ab5c-ffa4ce1ebb2d)

6\. On the **Market** tab, adjust your **Slippage** and **Deadline Settings** as you wish. Then, enter the amount of the asset you wish to buy and select **Buy** or enter the amount of the asset you wish to sell and select **Sell**. In this case we will sell 1 GAS for 28.62 FLM. 

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2FUomd1CDg1rxpnNsTGAxA%2Fimage.png?alt=media\&token=e1823fdc-e58e-4eef-a8f5-0666b3839c5d)

7\. Read over your transaction details. If you agree, select **Confirm**. 

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2FqeV8rDvqC8j1SFDBifys%2F8%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=df0c15b5-0918-4902-99a6-2e1226a21920)

8\. At your NeoLine wallet, read over the transaction details. If you agree, select **Yes**. 

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2FzjTBKaR0O9DhxvkV2fHd%2F9%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=82cab5bb-bd0d-4258-92a1-1172e24e8d85)

9\. Success! Your trade was successful. On your NeoLine wallet, select **Done**. On Flamingo, select **Close**. 

![](https://163720225-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MF51IxRGNnItCO-H_yy-887967055%2Fuploads%2Fukyh022uHqL7BrjPxRRL%2F10%20-%20Advanced%20Trade%20Tutorial.png?alt=media\&token=c4756da6-01b4-4ae9-8e55-5ba23fb9e933)

That's it! You have now traded assets using a market order on Flamingo Advanced Trade.