CoinEx provides 4 different order types for Spot Trading to help you trade more efficiently and professionally.
What is Limit Order?
To buy or sell at a set order price and amount / value. The order will only be executed when the market price reaches the set price or a better price. Therefore, Limit Orders cannot be guaranteed to be executed.
What is Market Order?
To buy or sell immediately at the best price in the current market. A market order will be executed immediately based on the pre-set amount / value and the best market price.
What is Stop-Limit Order?
You need to pre-set the stop price, order price, and amount / value when placing a Stop-Limit Order. When the market price hits the stop price, a limit order will be automatically placed based on the specified order price and amount / value.
What is Stop-Market Order?
You need to pre-set the stop price and amount / value when placing a Stop-Market Order. When the market price reaches the stop price, a limit order will be automatically placed based on the designated amount / value and the best market price at that moment.
Notes:
1. No assets will be frozen for your untriggered stop orders.
2. When placing a limit or stop order, you can choose any of the following methods to make your order effective: Always Valid (AL) and Immediate or Cancel (IOC). For more details, please refer to Introduction to Spot Execution Types.
3. Please note that your stop orders may not be triggered or executed due to factors such as severe market fluctuations, insufficient funds, system issues, and other reasons. For more information, please refer to your [Spot Order History].