> For the complete documentation index, see [llms.txt](https://flamingo-1.gitbook.io/user-guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://flamingo-1.gitbook.io/user-guide/all-user-guides/flamingo-advanced-trade.md).

# 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.&#x20;

**Note:** You can also still use **Convert** to trade assets in a more simple form of trading if you wish.&#x20;

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.

![](/files/r0oEYpChgU2h354RZqkf)

### **Area A  - Trading Pair Info**&#x20;

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.&#x20;

### **Area B  - Trading List**&#x20;

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.&#x20;

### **Area C  - Trading View**&#x20;

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.&#x20;

### **Area D  - Trade Panel**&#x20;

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.&#x20;

### **Area E  - Trading Pair Selector**&#x20;

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&#x20;

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.&#x20;

Things you will need:

* A computer with an installed internet browser
* A Neo N3 wallet
* Assets to trade&#x20;
* Neo N3 GAS tokens for transaction fees

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

![](/files/D6OGSjtjtL4lVUNfPRec)

![](/files/BZkjVSxlj8WFh5u4mdes)

2\. If your wallet isn't already connected, scroll down to the **Market** tab and select **Connect Wallet**.&#x20;

![](/files/ipKEgNrPJu90TiHntOte)

3\. Select a wallet to connect. For this example we will use NeoLine.&#x20;

![](/files/Taj52Y8SvQmaKS28kHTg)

4\. At your NeoLine wallet, select **Connect**.&#x20;

![](/files/763wQg8xxX4YKrTAuFVi)

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.

![](/files/i9yr1a6I175GzEt9hfUm)

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.&#x20;

![](/files/ech7ExroSW5c0RRB8mrd)

7\. Read over your transaction details. If you agree, select **Confirm**.&#x20;

![](/files/gC7r6M8yOcnLzaiFQffa)

8\. At your NeoLine wallet, read over the transaction details. If you agree, select **Yes**.&#x20;

![](/files/oopHtQtdCESZqgt5Y4TI)

9\. Success! Your trade was successful. On your NeoLine wallet, select **Done**. On Flamingo, select **Close**.&#x20;

![](/files/r7vm4Bcwq018CWkhPMOq)

That's it! You have now traded assets using a market order on Flamingo Advanced Trade.&#x20;
