Why is my sell order hidden on Protected Pair?

Why is my sell order hidden on Protected Pair?

If you placed a sell-limit on BEXC/USDT below the current mid price, your order does not show in the public orderbook. This is intentional and automatic — your order still matches normally; it just doesn't display as a visible wall.

Why we hide sub-mid sells

A sell order priced below the mid is, structurally, a wall blocking upward price discovery. If you place a sell at $0.30 while mid is $0.32, your order would appear as a $0.30 ceiling on every buyer's screen. To keep price discovery honest, we keep these orders private until the market reaches them.

Visible vs. Hidden — when each applies

  • Below mid — Hidden. Your order rests privately. Matches normally.
  • Above mid — Visible. Real resistance, displayed transparently.
  • At or near mid — your previous state is preserved, with a 30-second damping window to prevent UI flicker.

Does this affect my fill rate?

No. The matching engine sees all orders, hidden or visible. If a buyer walks through to your price, your order matches at the price you set. Hiding only affects the public display, not execution.

Can I force my order to be Visible?

On a Protected Pair, the system manages this automatically. You don't need to choose — but if mid is above your price, your order is hidden; if mid is below, your order is visible.

Other (non-protected) pairs follow standard "always visible" behavior.

Related articles

  • What is Protected Pair?
  • Smart Trail vs. Alert Sell vs. Standard Limit