CoinEx | What are Limit Orders & Market Orders?

Limit Order

1) What is a limit order?

  1. Set the margin and leverage ratio (Cross Margin 10X in this case);
  2. Select [Limit] and the default Execution Type is [Always Valid];
  3. Set the [Price] to 50,000 and the [Amount] to 0.1;
  4. Check and confirm the [Execution Value] and click on [Buy BTC].

Stop-Limit Order

1) What is a stop-limit order?

  1. Set the margin and leverage ratio (Cross Margin 10X), and select [Stop-Limit];
  2. Set [Stop] to 53,000;
  3. Set [Price] to 53,000;
  4. Set [Amount] to 0.1;
  5. Click on [Sell BTC].

Market Order

1) What is a market order?

  1. Observe the market depth of existing sell orders;
  2. Set the margin and leverage ratio (Cross Margin 10X), and select [Market];
  3. Set the [Amount] to 0.1;
  4. Click on [Buy BTC].

Stop-Market Order

1) What is a stop-market order?

  1. Set the margin and leverage ratio (Cross Margin 10X), and select [Stop-Market];
  2. Set [Stop] to 53,000;
  3. Set [Amount] to 0.1;
  4. Click on [Sell BTC].

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