5/13/2025, 2:04:17 AM

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

  1. Log in and open Simulation Trading or Live Futures.
  2. 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

  1. In the order panel, select the Market tab.
  2. Enter the Size you wish to trade.
  3. Click Buy/Long or Sell/Short—your order is executed instantly.




4 Place a Limit Order

  1. Switch the order type to Limit.
  2. Enter your Limit Price.
  3. Enter the Size.
  4. 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.
  1. Select the Conditional tab.
  2. Enter a Stop Price and a Limit Price (the worst price you will accept).
  3. Enter the Size.
  4. 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!