This article explains how to place cryptocurrency trading orders on bitcastle (Mobile version).
đĄ Important Notice
ă»bitcastle does not provide investment advice, trading recommendations, or market forecasts.
ă»Please review the information below and make trading decisions at your own discretion.
đ Order Types Available on bitcastle
â
Limit Order
A Limit Order allows you to specify both the price and the quantity at which you want to trade.
ă»A buy limit order is executed at the specified price or lower
ă»A sell limit order is executed at the specified price or higher
ă»The order is listed in the order book and will be filled when matched with another trader
â
Market Order
A Market Order executes immediately at the best available market price.
ă»You only need to specify the quantity
ă»The system automatically fills the order at the most favorable price
ă»Suitable for users who prioritize execution speed and high liquidity markets
â
Stop Limit Order
A Stop Limit Order is triggered when a predefined stop price is reached.
ă»Once the stop price is hit, a limit order with the specified price and quantity is placed
ă»The stop price acts as a trigger for the limit order
â
Stop Market Order
A Stop Market Order places a market order automatically when the stop price is reached.
ă»Once triggered, the order executes immediately at the current market price
ă»Useful for risk management and quick exits
Each order type has different features and advantages.
Please choose the most suitable order type according to your trading objectives and strategy.
đ§ Example: How to Trade BTC/USDT (Mobile Version)
Below is an example using the BTC/USDT trading pair.
đčLimit Order Example:
A limit order is a method of placing an order by specifying the price at which you want to trade.
After checking the order book, enter your desired price and quantity.
1.Log in to bitcastle (https://bitcastle.io/en) and tap the three-line menu icon at the top right of the screen.
2.Tap âTradeâ, then tap âSpot Tradingâ.
3.The default trading pair âBTC/USDTâ is displayed.
To select another currency, tap it and choose your desired trading pair from the Major Board or Innovation Board.
4.After checking the order book, select either âBuyâ or âSellâ.
ă»Tap âBuyâ to sell USDT and purchase BTC.
ă»Tap âSellâ to sell BTC and purchase USDT.
5.Select âLimitâ from the dropdown menu.
6.Enter your desired price in the âPriceâ field.
7.Enter the quantity in the âOrder Amountâ field.
8.The total amount will be displayed in the âTotalâ field.
â» Please enter an amount within your available balance.
9.Tap âBuyâ or âSellâ.
10.The limit order is now complete.
đčMarket Order Example:
A market order allows you to place a trade without specifying a price.
Please note that market orders may be executed at an unexpected price due to market conditions.
1.Log in to bitcastle (https://bitcastle.io/en) and tap the three-line menu icon at the top right of the screen.
2.Tap âTradeâ, then tap âSpot Tradingâ.
3.The default trading pair âBTC/USDTâ is displayed.
To select another currency, tap it and choose your desired trading pair from the Major Board or Innovation Board.
4.After checking the order book, select either âBuyâ or âSellâ.
ă»Tap âBuyâ to sell USDT and purchase BTC.
ă»Tap âSellâ to sell BTC and purchase USDT.
5.Select âMarketâ.
6.Enter the amount in the âTotalâ field.
You may place an order based on either quantity or amount.
ă»If you want to place an order using USDT
Enter your desired amount within the available balance shown under âAvailableâ.
ă»If you want to place an order using BTC
Tap the ââŒâ icon to the right of âTotalâ.
Select âAmount (BTC)â.
Review the notes and tap âSaveâ.
â» When ordering in BTC, please check the order book and estimate how much BTC can be converted based on your current budget.
7.Tap âBuyâ or âSellâ.
8.The market order is now complete.
If you have further inquiries, please don't hesitate to contact our Support Team via "Contact Us" function.