Different Order Types in Spot Trading

FameEX Spot trading supports the following four order types: Limit Order, Market Order, Stop-Limit Order, and Trailing Stop Order.

1. Limit Order:

A Limit Order allows users to specify both the amount and a maximum buy or minimum sell price. The order will only be executed when the market price reaches the specified limit or better.

・The buy limit price must not exceed 110% of the last price.

・The sell limit price must not be less than 90% of the last price.

2. Market Order:

A Market Order is executed immediately at the best available market price, either to buy or sell. It is ideal for users who want a fast and instant transaction without setting a price.