A currency is there to use it to trade and to buy / sell goods and services. To be able to do so there are some key things one must know.
Private key : Other than importing a wallet For Use, there is no need for your private key in the wallet. Whenever you send a transaction or initiate a node process, the browser decrypts your encrypted private key, thus signing the transaction and sending it to the node. Remember, always keep your Brainwallet words and your plain private key secure! Whomever knows it, has full access to your address and funds inside. technically you can generate A LOT of private keys, which all leads to a new public address every time. So with eternal time on your hands, you can get access to every single address. Although it’s highly unlikely to accidentally gain access to someone’s wallet and vice versa.
Public address : As it says, a public address is your 40 character long hex (0-9, A-F) string, that is used whenever send or receive tokens. When you are on the receiver side, the sender must use your public address to route to tokens to you. Though when you send any tokens, roles change and you have to input the receiver’s public address. Remember, always double check! Or better triple!
Market order : is a selling/buying term used on the Corion Exchange. Whenever you sell for Market order, our exchange automatically completes your transaction, down to the latest IONs at the highest/lowest price at that time. On the other hand, when you buy 5000COR on market order, our exchange will do everything to get you that 5000COR (within your restrictions of course) to get you that 5000COR, even as if price doesn’t matter. Are you not fond of the idea? Let’s take a look at „limit order”!
Limit order : is a take-profit order placed with Corion Exchange to buy or sell a set amount of a financial instrument at a specified price or better; because a limit order is not a market order, it may not be executed if the price set by the investor cannot be met during the period of time in which the order is left open. Limit orders also allow an investor to limit the length of time an order can be outstanding before being canceled. While the execution of a limit order is not guaranteed, it does ensure that the investor does not miss the opportunity to buy or sell at the target price point if it is dealt in the market. Depending on the direction of the position, a limit order is sometimes referred to as a buy limit order or a sell limit order. For example, a buy limit order that stipulates the buyer is not willing to pay more than $30 per share, while a sell limit order may require the share price to be at least $30 for the sale to take place.