💱Place an Offer

Describes the process to create an offer on the XRPL DEX

Prerequisites:

How to place an offer:

  1. Select an offer direction (Buy/ Sell)

  2. Enter the appropriate amounts:

  1. Enter the XRP amount per token

  2. Enter the number of tokens you would like to buy

  1. Choose a transaction flag to attach to this offer:

Transaction Flags:

Tx Flags on OfferCreate transactions provide control over the behavior of the offer within the XRPL ecosystem, allowing users to fine-tune the offer's functionality and impact.

TxFlagDescription

Passive

The offer will not consume exact matching offers and becomes an Offer node in the ledger, while offers that cross it will still be consumed.

Immediate or Cancel

The offer consumes as much as it can by attempting to cross existing offers during processing but does not create an offer node on the ledger after processing.

Fill or Kill

The offer consumes as much as it can by attempting to cross existing offers during processing, and if it cannot be completely filled, none of it is filled.

tfSell

The offer consumes the entire TakerGets amount, even if it means obtaining more takerPays than the TakerPays amount would have otherwise paid for.

None

Do not attach a tx flag to this offer

  1. Confirm/deny the offer tx.

  2. Wait for the tx results.

FINISHED!

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