Placing and Tracking Market, Limit, and Stop Orders
Order Basics
Quick Summary
- Market Order – “Fill my trade right now at the best available price.”
- Limit Order – “Only fill my order at this price or better.”
- Stop Order – “When the price hits my stop, trigger a new order.”
- TP/SL – “Close my position at market when the Take-Profit or Stop-Loss price is reached.”
1 Select a Trading Pair
- Log in and open Simulation Trading or Live Futures.
- In the top-left corner of the chart, open the pair selector and choose the pair you want to trade (e.g., BTC-USDT).
2 Choose Your Leverage
1.At the very top of the order panel, click the “ × Leverage” button.
2.Enter a leverage value directly or use the slider, then click Confirm to apply it.
Note:
The maximum leverage you can set depends on your account level. See the Level Guide for details.
3 Place a Market Order
- In the order panel, select the Market tab.
- Enter the Size you wish to trade.
- Click Buy/Long or Sell/Short—your order is executed instantly.
4 Place a Limit Order
- Switch the order type to Limit.
- Enter your Limit Price.
- Enter the Size.
- Click Buy/Long or Sell/Short to place the order.
- The order remains under Open Orders until the market reaches your limit price.
5 Place a Stop Order (Stop-Limit)
CoinACE currently supports Stop-Limit only. A Stop-Market option is coming soon.
- Select the Conditional tab.
- Enter a Stop Price and a Limit Price (the worst price you will accept).
- Enter the Size.
- Click Buy/Long or Sell/Short to place the order.
- When the stop price is reached, a standard limit order is posted at your limit price.
Tip: You can also click the green (buy) or red (sell) flags on the depth chart to adjust prices visually.
6 Set TP/SL Orders
TP/SL can currently be added from the Positions list. A dedicated panel shortcut will be added in a future update.
1.In Positions, click the TP/SL icon for the position you want to protect.
2.In the TP/SL for Entire Position modal, enter your Take-Profit and Stop-Loss prices, then click Confirm.
- When either price is reached, the position is closed at market.
Trade smart, manage your risk, and enjoy your time on CoinACE!