Workflow
How do I place limit orders on my crypto exchange?
To place a limit order, go to the exchange’s trading interface, pick your trading pair, and select the “Limit” order type. Enter the exact price you want and the amount to buy or sell. Your order only executes when the market reaches that price - giving you precision.
Understanding Order Types: Market vs Limit
Order types explained: a market order fills instantly at the best available current price. A limit order only executes at a price you specify (or better), never worse. Limit orders are the tool when you want to buy the dip or sell at a target, not chase the current price. On our exchange, you can also combine limit orders with time-in-force rules like “Good ‘Til Cancelled” (GTC) to keep them active until they fill or you cancel.
Setting Your Price Trigger and Order Details
Setting price triggers gives you full control over your entry or exit. In the Limit order form, enter your trigger price - your buy will only fill at or below this, a sell only at or above. Then set the amount (e.g., 0.5 BTC). Add advanced options like “Post Only” to ensure you’re a maker, or set a stop price to convert your limit into a market order once a threshold is breached (stop-limit). Once submitted, the order sits in the open order book until conditions match. You can always edit or cancel before execution.
Automated Trade Execution: Stop-Loss and Conditional Orders
Automated trade execution moves from simple limit orders to conditional strategies. By attaching a stop-loss to a position, your limit order triggers only after a price has been reached - protecting downside. Use “One-Cancels-Other” (OCO) pairs to automatically replace an unfilled limit with a stop-loss. For regular entries, set conditional limit orders that activate based on time or price action. The exchange’s engine monitors these rules 24/7, so you don’t have to.
FAQ
What’s the difference between limit and market orders?
A market order buys or sells immediately at the best available current price. A limit order only executes at your specified price (or better), and will not fill unless the market reaches that exact condition. Limit orders give price certainty; market orders guarantee execution but not the price.
How do I set stop-loss orders in my crypto exchange?
Go to the trading pair, select “Stop-Limit” from the order type dropdown. Enter a stop price - the trigger that activates the order - and a limit price for the actual trade. The stop-loss will then place a limit order automatically once the market hits your stop price, letting you exit at a controlled level.
Can I schedule trades for future dates?
Yes. Use “Good ‘Til Cancelled” (GTC) or time-in-force settings to keep a limit order active until a future date. For date-specific execution, set a conditional order with a start date or attach a time trigger to your limit. Some pairs also support “Good ‘Til Date” (GTD) orders that expire at a chosen date and time. Combine with OCO to automate entry and exit timing.
Put this into practice
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