PINTU introduces Time-Weighted Average Price Order in app

PINTU introduces Time-Weighted Average Price Order in app
PINTU launches TWAP order feature

PINTU has announced the launch of the TWAP (Time-Weighted Average Price) Order feature, which enables users to split large buy or sell orders into multiple smaller trades executed over a set period within the app.

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PINTU has introduced the TWAP (Time-Weighted Average Price) Order feature in its app, allowing users to split large buy or sell orders into multiple smaller orders executed at regular intervals over a user-defined duration. According to detailed information published by the broker, users can customize the total order amount, total execution period, and rely on system-defined intervals and slice sizes, with optional Price Protection settings and the ability to track or cancel pending slices through the order management interface. The feature is designed to manage order execution in a way that may help reduce significant price impact, and standard trading fees apply to each executed slice.

PINTU is a mobile platform targeted at Indonesian residents for buying, selling, storing, and transferring over 65 cryptocurrencies. It offers spot trading, OTC transactions for large traders, staking programs, and supports IDR fiat and crypto deposits and withdrawals, all under Indonesian regulatory supervision. For more details, see the PINTU broker profile on Traders Union.

As highlighted in an earlier news about PINTU, the broker previously introduced tokenized stocks and ETFs such as Pfizer, iShares Semiconductor ETF, and Salesforce on its platform. For further context on these additions, see the previous PINTU update on Traders Union.

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