What types of trading orders are supported on BitOasis trading exchange?

1. A “Market” order that allows you to buy and sell at the market price that is available at the moment of placing your order.

2.  A “Limit” order which gives you the flexibility to state exactly at what price you want your order to be executed.

  • In order to successfully place a buy limit order, please ensure your limit price is lower than the current buy price.
  • In order to place a sell limit order, please ensure your limit price is higher than the current sell price.

3. A “Stop” order allows you to automatically buy or sell your digital assets once it reaches a specific price in order to prevent excessive loss.

  • In order to successfully place a buy stop order, please ensure your stop price is higher than the current buy price.
  • In order to place a sell stop order, please ensure your stop price is lower than the current sell price.
  • Once the price threshold is reached, your stop order will automatically change to a market order. (Kindly note that Stop orders are triggered based on the last traded price and not the orderbook bid/ask prices).

4. A “StopLimit” order is a combination of a “Stop” order and a “Limit” order. It allows your trade to be executed at a price specified by you. Once the stop price threshold is reached, your stop-limit order will automatically change to a limit order.