How to Place and Cancel Orders

How to Place an Order

In Spot trading, you can place three main types of orders: Limit Order, Market Order, and Stop-Limit Order.

Limit Order

  1. Select a trading pair (e.g., BTC/USDT)
  2. Select the Limit tab
  3. Enter:
  • The price at which you want to buy or sell
  • The amount of the coin
  1. Click Buy BTC or Sell BTC

๐Ÿ“Œ The order will remain pending until the market reaches your specified price.

Market Order

  1. Select a trading pair
  2. Select the Market tab

  3. Enter the amount of the coin you want to buy or sell
  4. Click Buy or Sell

๐Ÿ“Œ The order will be executed immediately at the best available market price.

Stop-Limit Order

  1. Select the Stop-Limit tab
  2. Enter:
  • Stop Price: The trigger price
  • Limit Price: The price of the order once it’s triggered
  • Amount: The quantity you want to trade

3. Click Buy or Sell

๐Ÿ“Œ The order will be triggered and placed on the Order Book when the market price reaches the Stop Price.

How to Cancel an Orderย 

When a Limit or Stop-Limit order has not yet been filled, you can cancel it
Steps

  1. Go to the Open Orders section

  2. Locate the order you want to cancel
  3. Click the Cancel button

Once canceled, the assets will be immediately returned to your Spot wallet.