Dear MoonXBT Cryptonaut:
Greetings!
To provide our users with more abundant transactions, MoonXBT will release USDT Perpetual Contract soon!
MoonXBT USDT Perpetual Contract:
Number |
Order Type |
Overview |
1 |
Limit Order |
The order is used to buy or sell at a specified (or better) price, this is the most common type of order |
2 |
Market Order |
The order is the fastest way of closing. It executes at the best price on the current order list. Please note that network delays may cause orders to be executed at different prices than you expect. |
3 |
Stop Market |
The order will only be placed on the market when the market price reaches a certain trigger price. Traders generally use it for two main strategies: 1. As a risk management tool to stop losses on holding positions. 2. As an automatic tool, place an order at the desired price and enter the market without manual waiting and placing an order. After being triggered, the stop loss order will become a market order. |
4 |
Stop Limit |
The order is similar to a stop-loss order but allows a limit to be placed on the order after it has been triggered. You can use this order to control your exit level. |
5 |
Trailing Stop |
The order is similar to stop market orders. However, you need to set a "trailing price distance" from the trigger price, and once triggered, a market order will be issued |
6 |
Take Profit Market |
The order can be used to set target prices for positions. It is similar to a stop loss order, but the price triggers in the opposite direction. |
7 |
Take Profit Limit |
The order can be used to set target prices for positions. It is similar to a stop loss order, but the price triggers in the opposite direction. |
Please pay attention to official announcements for the exact time our USDT Perpetual Contract will go online!
Thank you for your trust and support. MoonXBT will continue to provide you with an excellent social trading experience!
Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital. You should ensure you fully understand the risks involved and consider your level of experience and investment objectives.
MoonXBT Global
The first crypto social trading platform
July 8th, 2022
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