Trading Rules

Trading Rules

Trading Rules

Waan Exchange Co., Ltd., as a digital asset exchange center and digital asset brokerage business, recognizes the importance and orderliness of digital asset trading. Therefore, the company has established digital asset trading guidelines that are transparent, fair, and verifiable to build confidence for customers and stakeholders involved in the company's business operations. The details are as follows:

1. Trading Methods

The company provides services 24 hours a day, 7 days a week (24/7) and requires customers to conduct transactions and submit buy/sell orders themselves through the company's designated Platform, which includes web browsers on personal computers (PC) and laptops. Customers must log in to verify their access rights. After logging in, customers can:

• Select the digital assets they want to trade
• Specify order types and conditions
• Set prices and quantities for buy/sell orders

Customers must have sufficient funds or digital assets to submit buy/sell orders, including the cost of digital assets, fees, and any related expenses. When customers confirm their buy/sell order, the system will automatically queue and match orders.

1.1 Digital Asset Trading Conditions

1.1.1 Customers can buy according to their available Thai Baht balance or digital asset balance sufficient for the order, including covering digital asset costs, fees, and related expenses.

1.1.2 Customers can sell according to their available digital asset balance.

1.1.3 Customers can submit buy/sell orders at any time for all order types.

1.1.4 Orders in the system will remain until they can be matched or are subsequently canceled.

1.1.5 Customers can cancel orders in the system at any time before the order is matched.

1.2 Order Sorting

The trading system will store and sort orders based on Price, then Time Priority:

1.2.1 Buy orders with the highest proposed price will be ranked first. If a higher buy price is submitted, the system will always prioritize the higher price. If multiple orders exist at the same price, they will be sorted by time, with earlier orders ranked first.

1.2.2 Sell orders with the lowest proposed price will be ranked first. If a lower selling price is submitted, the system will always prioritize the lower price. If multiple orders exist at the same price, they will be sorted by time, with earlier orders ranked first.

1.3 Order Matching

When an order enters the trading system, the system will:

• Immediately check if it can be matched with an opposite order
• If an immediate match is possible, automatically match the orders
• If no immediate match is found, queue the order according to Price, then Time Priority

2. Trading Hours and Trading Suspension

Customers can trade 24/7. The company may change trading hours at its discretion, following procedures for temporarily suspending trading.

3. Order Types

Six order types are available:

3.1 Market Order

• Executes at the best current market price
• Automatically canceled if no opposite order exists
• Partial matches may result in the remaining quantity being canceled

3.2 Limit Order

• Executes at a customer-specified price
• Remains active until fully matched or canceled

3.3 Stop Limit

• Allows setting conditions to continuously monitor market prices
• Triggers a Limit Order when the specified condition is met
• Orders are queued with other Limit Orders at the same price based on the time they entered the system after being triggered.
• The order entry time occurs only after the Trigger Condition is met and the Limit Order is placed.

3.4 Stop Market

• Continuously monitors market prices
• Triggers a Market Order when the specified condition is met

3.5 IOC (Immediate or Cancel)

• Specifies price and quantity
• Cancels any unmatched portion of the order

3.6 FOK (Fill or Kill)

• Specifies price and quantity
• Cancels the entire order if not fully matched

4. Order Size Limits

The company will display order size limits on its website and provide at least one month's notice for any changes, which will not affect existing pending orders.

The total order value includes digital asset costs, trading fees, and value-added tax for all order types and digital assets.

• Minimum order value: 300 Thai Baht
• Maximum order value: Not specified