How to create a new order?

If this is your first time placing an order, please read these important facts.

A new order can be placed directly through the marketplace. Note that a service fee is applied only to the spent amount and that for each placed order a non-refundable 0.0001 BTC is taken to prevent order spam.

First, you need to select the right algorithm to load the marketplace you want. Then, you need to decide on which server you will place the order - Europe or USA - and what type of order you will place - standard or fixed. The selection of a server depends on the servers your pool offers. Select the location that is closer to the location of the pool. The main difference between a standard and fixed order is the flexibility of the price and limit in a standard order (for a fixed order, these values are fixed) and the duration of the order (a fixed order can last only up to 24 hours).

Standard order

If you have chosen a standard order, the following image will appear.

  1. You need to select a pool. If you haven't set it up in your pools section, you can select "Add new pool" and you will have the option of entering the pool in this step.
  2. You need to set the price. NiceHash suggests the minimum possible price for you to get miners. You can change it, but please note that you might not get miners assigned if the order price is too low. Also note that this is not the price you will pay for the order - the price you will pay is entered in the fourth step and is called "Amount".
  3. You need to set the limit. NiceHash suggests the minimum possible limit. If you don't want to limit the order, you should enter "0" in this field.
  4. Finally, you need to set the amount that you are willing to pay for the order. This is the maximum amount you will spend on the order. Note that if there will be no miners, you won't be paying for the order and that if you cancel the order, the unspent amount is returned to you.
  5. Whenever you enter any of these three values - price, limit, and amount - the estimated duration of the order is calculated and shown at the bottom.

After you have successfully set all of these values, you have to read and agree with the terms. If you have set up 2FA (we suggest you do), you need to enter the 2FA code as well and then you are ready to place a new order. Note that with a standard order you can always change the value of the price and limit during the order itself. You can also refill the order to ensure it lasts longer. The order cannot last more than 10 days.

You will be able to find all of your opened orders in the order list. The order can also be seen in the marketplace.

 

Fixed order

If you have chosen a fixed order, the following image will appear.

  1. You need to select a pool. If you haven't set it up in your pools section, you can select "Add new pool" and you will have the option of entering the pool at this step.
  2. For fixed orders NiceHash suggests the price. Note that this is not the price you will pay for the order - the price you will pay is entered in the fourth step and is called "Amount".
  3. You need to set the limit. NiceHash suggests the minimum possible limit, but you can set any value between the lower and upper bounds.
  4. Finally, you need to set the amount that you are willing to pay for the order. This is the maximum amount you will spend on the order. Note that if there will be no miners, you won't be paying for the order and that if you cancel the order, the unspent amount is returned to you.
  5. Whenever you enter any of these two values - limit and amount - the estimated duration of the order is calculated and shown at the bottom.

After you have successfully set all of these values, you have to read and agree with the terms. If you have set up 2FA (we suggest you do), you need to enter the 2FA code as well and then you are ready to place a new order. Note that with a fixed order you cannot change the value of price and limit during the order itself. You can refill the order to ensure that it lasts longer but the maximum duration of the order is 24 hours.

You will be able to find all of your opened orders in the order list. The order can also be seen in the marketplace.

 

General help

Buying hashing power

Orders

Personal Support

Haven't found what you were looking for?
Submit a ticket to our support professionals.

Request personal support