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What are the Types of Order on CoinUnited.io Futures
What are the Types of Order on CoinUnited.io Futures

CoinUnited.io Futures offers different types of orders, let’s take a look.

Updated over a week ago

1. Limit Order

A Limit Order allows users to place an order at a specific or better price. It is not guaranteed to execute.

2. Market Order

A Market Order is matched immediately at the best available price.

3. Stop Market Order

Stop Market Order uses a stop price to trigger the trade but triggers a market order instead

4. Stop Limit Order

A Stop Limit Order is a conditional order executed at a specified price after a given stop price has been reached. It buys or sells at the limit price or a better price when the stop price is reached.

5. Post-Only (POST) Order

The Post-Only (POST) orders will only be executed as a maker order. If it can be executed immediately as a taker order, it will be automatically canceled.

6. Immediate or cancel (IOC) Order

The immediate or cancel (IOC) orders will only be executed as a taker order. If it cannot be immediately traded, it will be canceled.


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