Order

① Setting Margin Mode

• Cross Margin Mode : All cross positions under the same margin asset share the same asset cross margin balance. In the event of liquidation, your assets full margin balance along with any remaining open positions under the asset may be forfeited.

• Isolated Margin Mode : Manage your risk on individual positions by restricting the amount of margin allocated to each. If the margin ratio of a position reached 100%, the position will be liquidated. Margin can be added or removed to positions using this mode.

② Setting leverage

You can adjust your leverage. The maximum position amount and leverage adjustment limits vary depending on the product being traded. For BTCUSDT, you can use up to 200x leverage. Higher leverage increases the risk of liquidation. Always manage your risk level.

③ Limit order

A limit order allows you to place an order with a favorable price because the order is executed at the price you want. However, there is no guarantee that the order will be executed as it will not be executed unless the price reaches the ordered price.

Enter the price you want to order in the price (①), and set the ratio in the size (②). The percentage can be set by directly entering a number in the field or using the bar below.

• Buy (Long) : When the price of an asset reaches or falls below the limit, a buy limit order is executed.

• Sell (Short) : When the price of an asset reaches or rises above the limit, a buy limit order is executed.

④ Market order

A market order is a buy or sell order that is executed immediately at the best price in the current market. Liquidity is required for market orders to be executed. Although it may not be executed at the price desired by the user, it has the advantage that the order is executed immediately.

• Buy (Long) : A buy order is executed at the most favorable price based on the size you set.

• Sell (Short) : A sell order is executed at the most favorable price based on the set size.

⑤-1 Stop-limit

Stop-limit orders are conditional orders that are executed when certain conditions are met. This function is a method in which when the current price reaches the stop price (①) when an order is placed, the order is accepted with the amount entered in the price (②).

For example, when the current price of BTCUSDT is 21,940 USDT, if you set the stop price (①) to 22,500 and buy (long) while entering 21,900 in the price (②), when the current price of BTCUSDT touches 22,500, this means that a buy (long) order is accepted at the limit price at 21,900. If the current price does not touch the stop price (①), the order is not executed.

⑤-2 Stop-market

A stop market order is triggered under the same conditions as a stop limit order, except that it is accepted as a market order rather than a limit order.

For example, when the current price of BTCUSDT is 21,917 USDT, if you sell (short) with the stop price (①) set to 22,500, the order will be executed only when the current price of BTCUSDT touches 22,500. If you touch 22,500, a sell (short) order is placed at the market price and executed immediately.

⑤-3 Trailing Stop

Trailing stop order is a function that executes a stop order when the current price rises or falls by the set callback ratio (①) after reaching the activating price (②). If you do not enter an activating price, the last highest or lowest price will be set as the activating price. Put simply, it can be seen as a function of preserving profits. For example, activating price(②) is 25,000 and callback rate(①) 5% in the long position. If the current price touch 25,000, monitoring will be triggered but not trailing stop. The callback rate monitors how close the last highest price is to the current price. Therefore, the price can automatically follow the direction of movement as long as there is no price change as the set callback rate of 5%. In other words, even if the activating price (②) exceeds 25,000 in the long position, the standard activating price (②) will continue to rise if the price does not decrease by 5%(callback rate ①) from the last highest price. If the price touch 25,000 and go up to 30,000 without a 5% drop and then drop 5%, then the trailing stop order will be triggered and then stop order will be also activated automatically.

⑤-4 Post Only

Post-Only (maker) is a function that ensures that orders must be made only with limit (maker) orders. Therefore, if you place an order at the market price, it will be automatically canceled as soon as the order is received. This feature is usually used to prevent order mistakes or executions at market price.

For example,if the current price is 23,285 and you place a buy (long) order at 23,296 or higher, it will be automatically canceled at the same time as the order. A limit order can be executed at a favorable price, lower than 23,280 when a buy (long) order is placed at 23,280, but post-only cannot be executed at a favorable price other than 23,280.