Trading orders explained
Trading orders are the tools that help traders control their sales/purchase requests. Basically, they are agreements to buy or sell an asset under specific conditions.
There are many options on our exchange
✔️ Market order allows you to buy/sell an asset immediately at a market price. The order is executed instantly.
✔️ Limit order allows you to buy/sell an asset at a fixed price. It is executed when the market price reaches the price you have indicated.
✔️ Stop-market order is applied to avoid losses in volatile markets. It is executed when the market price rises or decreases to the price you have set.
✔️ Stop-limit order has both a stop and a limit price. When the stop-price is reached, the order transforms into a Limit and then gets executed.
✔️ Conditional order also sets a limit on a trading pair. The order is executed when the specified price for a guide pair (e.g. BTC/USDT) is reached.
Plus, we’ve got a few order options for margin trading.
Placing orders is convenient and makes trading safer. Swipe left to read the details and start to trade effectively!