There are three types of orders on BTCMEX. The platform is currently offering Market, Limit and Conditional Orders. Learn about the Order Types on BTCMEX in the official Trading Guide.
To place an order click "Trade" to go to the BTCMEX Trading Page.
You can select the type of your order in the top left corner.
The following Order Types are currently available on BTCMEX:
- Stop Market
- Take Profit Market
- Stop Limit
- Take Profit Limit
The main difference between Market Orders and Limit Orders is the method of how the position's Entry Price is determined. Market orders are designed to be executed instantly at the market price, Limit orders are placed in the order book and are executed at a specific pre-set price.
Stop Market, Take Profit Market, Stop Limit, Take Profit Limit are Conditional Orders, that allow users to open or close a position and perform advanced trading strategies.
While placing an order on BTCMEX you need to select the order type, input the quantity of the contracts, select the Leverage and input the Limit and/or Trigger Price (for Limit and Conditional Orders).
The information about your open position is available at the bottom of the Trading Chart.
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