Stop Order
A stop order is an order to buy or sell a given asset once the last trade price reaches a specified price, known as the stop price.
Select the option when placing market or limit orders and you will be able to set the Stop Price.
Market Order
A market order is an order to buy or sell a given asset at the best available price (the "market price").
Limit Order
A limit order is an order to buy or sell a given asset at a specified (or better) price. A limit order to buy would be executed at the limit price or lower, and a limit order to sell would be executed at the limit price or higher.
Time In Force (TIF)
For limit orders, we support 5 TIF options:
- Good-Til-Cancelled
Lasts until the order is filled or cancelled.
- Day
Automatically expires if not executed on the day the order was placed. A day ends at 00:00 UTC.
- Good-Til-Date/Time
Automatically expires at the specified date and time.
- Fill-Or-Kill
Must be executed immediately in its entirety; otherwise, the entire order will be cancelled (i.e., no partial execution of the order is allowed).
- Immediate-Or-Cancel
Must be executed immediately. Any portion of an IOC order that cannot be filled immediately will be canceled.
Post Only
A post-only limit order is either placed in the order book or expires if matches an existing order. Post-only option guarantees that you will not pay the taker fee.
Scaled Orders
Scaled order is a set of multiple orders to buy or sell, automatically distributed among the user-determined price range (from minimum price to maximum). Amount could have flat, upscale, and downscale distribution.