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A market trade buys or sells as soon as it can execute at the available quote. It differs from an automated order, which waits for a trigger. Use this flow for tokens on Arc and other supported chains, with your Cove USDC trading balance.

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Before you trade

Check the active profile, selected wallets, token address, chain, liquidity, and slippage. If several wallets are selected, check Spend type.
Buy confirm and Sell confirm are off by default. Selecting a preset or entering a custom size can submit a market trade. Enable these in Settings → Trade panel settings if you want a separate confirmation.

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Buy a token

1

Open the token

Paste its contract address or a supported token link into Cove. Select the intended chain if prompted.For an Arc token, select Arc and verify the chain and contract address on the panel before choosing an amount.
2

Choose Buying

Check the panel’s side. Open Buying if necessary.
3

Choose a size

Select a USD preset, $x for a custom amount, or a percentage preset if you use percentage mode. Percent buys use the selected wallets’ buying power.Max, when enabled, uses available buying power and always asks for confirmation.
4

Review any prompts

Confirm the buy if enabled. Read any scam warning, price-impact confirmation, or additional network fee before continuing.
5

Read the receipt

Progress moves through quoting, execution, and verification. Buy Executed confirms the fill. Check Spent, the actual Received token quantity, the approximate share of supply where shown, Execution MC where available, and each wallet’s outcome.
The documented minimum buy is $1, but it must also clear the chain’s sell floor. A token’s purchase cap can reduce the actual buy if Auto-adjust max buy is on.
With Buy confirm enabled, review the selected amount before tapping Buy.

With Buy confirm enabled, review the selected amount before tapping Buy.

The updated token panel after a buy, showing cost, worth, and position PnL.

The updated token panel after a buy, showing cost, worth, and position PnL.

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Sell a token

1

Open your holding

Send /positions, check the profile, and tap the token.
2

Choose Selling

Select 25%, 50%, 100%, x% for a custom percentage, or $x for a custom USD value.
3

Check the scope

With several wallets selected, a percentage applies to each wallet’s holding. A custom $x sell can also span several wallets: Cove uses the same sell fraction of each selected wallet’s position, so the requested USD total is allocated in proportion to their holdings. Review the preview and any wallet without a sellable balance.
4

Submit and check the result

Confirm if prompted. Wait for Sell Executed and check the token quantity Sold, USDC Received, Execution MC where available, and any partial wallet results. A full sell offers Generate PnL.
Current Selling panel with percentage and $x choices, wallet selector, and Initials.

Current Selling panel with percentage and $x choices, wallet selector, and Initials.

Initials calculates a sell percentage intended to recover the cost basis while leaving the rest of the position. Price movement and costs can change the actual proceeds. Minimum sells are $0.50 on most chains and $2.50 on Solana; some token routes require more. To sell many tokens, use Bulk sell.

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Confirmations and results

A receipt may show Execution MC: — when Cove cannot measure it reliably. That is an unavailable value, not a zero market cap. The executed token quantity and settled amounts matter more than a pre-trade estimate. A multi-wallet receipt groups wallet outcomes; expand or review each wallet before retrying a failed part.
Executed buy with token quantity, share of supply, and Execution MC.

Executed buy with token quantity, share of supply, and Execution MC.

Executed sell with Sold quantity, Received USDC, and Execution MC.

Executed sell with Sold quantity, Received USDC, and Execution MC.

High-impact buys and sells may need another confirmation even if normal confirmations are off. A worse refreshed quote can ask you to review again. See Trading guardrails. A multi-wallet trade can succeed for some wallets and fail for others. A partial fill is different from a full fill; read the amount filled and remaining funds before retrying. If Previous order still processing appears, wait. Closing the chat does not cancel an operation. For failed trades, keep the failure message and its reference for Support.

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Faster entry methods

Auto-buy on paste and Group buy/sell links can submit trades immediately when enabled. Quick commands may also be available; send the command without arguments for its current usage before using it.