Order Rejection and Cancellation

Order Rejection

To protect investors and prevent unfavorable executions, the following orders will be rejected upon submission:

• When the total amount of the order submitted by the user is as follows:

  • Orders where the total amount is less than the minimum order amount

  • Orders where the total amount exceeds the maximum order amount

  • If the total amount of a specific Alt DNA held during the entire pre-sale period exceeds 10,000 DNA

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Market Order Rejection

Market orders will be rejected in the following cases:

• For market buy orders, if the total order amount exceeds the total amount of sell orders pending in the top 15 ask prices.

• For market sell orders, if the order quantity exceeds the total quantity of buy orders pending in the top 15 bid prices.

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Order Cancellation

• User-Initiated Order Cancellation

  Users can cancel their orders directly before they are executed.

• Exchange-Initiated Order Cancellation Alt.town may cancel user orders after notification in the following cases:

  • Termination of DNA trading

  • Change in Alt name

  • Service maintenance (During service maintenance, the following orders will be canceled to protect users' assets.) - Buy orders with prices higher than the last execution price just before the maintenance begins. - Sell orders with prices lower than the last execution price just before the maintenance begins.

🌟 Events such as DNA trading termination, service maintenance, etc.