Buy Crypto Markets Spot FuturesGOLD Earn Event Center

The MEXC platform offers four types of spot orders: Limit Orders, Market Orders, Take-Profit/Stop-Loss Orders, and OCO (One-Cancels-the-Other) Orders. 1. Limit Order With limit orders, users can setThe MEXC platform offers four types of spot orders: Limit Orders, Market Orders, Take-Profit/Stop-Loss Orders, and OCO (One-Cancels-the-Other) Orders. 1. Limit Order With limit orders, users can set

Learn/Trading Guide/Spot/Different T...Spot Orders

Different Types of Spot Orders

Author: MEXC

Dec 1, 2025MEXC

#Basic #Spot #Beginners

The MEXC platform offers four types of spot orders: Limit Orders, Market Orders, Take-Profit/Stop-Loss Orders, and OCO (One-Cancels-the-Other) Orders.

1. Limit Order

With limit orders, users can set the order price, and the orders will be executed at the specified order price or a more favourable price.

When placing a limit order, if there are existing orders in the order book that match the user's specified order price, the limit order will be immediately executed at the best available price. If no matching orders are present, the limit order will remain in the order book until it is eventually executed or until the user cancels it.

Let's use MX as an example:

Imagine you currently have 10 MX tokens in your account. The current market price for 1 MX is 2.94 USDT, and you plan to sell 10 MX tokens at a price of 3 USDT each.

Below the K-line chart, in the "Spot" tab, select [Limit]. In the right section, enter the selling price (3 USDT) in the "Price" field and the selling amount (10 MX) in the "Amount" field. You will notice that this order will result in a final trade amount of 30 USDT. Click [Sell MX] to complete the limit order for selling your MX tokens.

If you plan to buy MX tokens, in the left section, you can enter your buying price and buying amount in the "Price" and "Amount" fields. Then, click [Buy MX] and wait for the limit order to be executed.

Due to the current market price of MX being 2.94 USDT and the lack of liquidity at 3 USDT in the market, it might take some time for the limit order to be executed.

During the waiting period, if you decide not to wait any longer, you can click on [Cancel] to terminate the trade. While waiting for the limit order to be executed, your MX tokens will be locked, making them unavailable for other trading activities. Once you click on [Cancel] for the order, the locked MX tokens will be released, freeing them up for use in other trading operations.

2. Market Order

Market order allows users to quickly execute trades at the current market price. With market orders, users do not need to set the price, as they only need to specify the quantity.

It is important to note that when market prices are highly volatile, using a market order may result in the final execution price being different from the initial price shown to the user. For example, if the current price of MX is 2.94 USDT and you place a market order for 294 USDT to buy 100 MX tokens, the price may fluctuate between the time when you clicked to buy and when the order is executed, causing the actual quantity of MX tokens to be different from 100.

Let's use MX as an example to illustrate how to place a market order:

Imagine you want to sell 10 MX tokens at the market price. Click on [Spot] and select [Market]. In the right section, enter the selling amount (10 MX) in the "Amount" field and click [Sell MX] to complete the market sell order.

If you want to buy MX tokens at the market price, in the left section, enter the amount of USDT you wish to spend in the "Amount" field and click [Buy MX] to complete the market buy order.

Market orders are frequently employed by traders who aim for quick entry or exit strategies, as these orders can be quickly executed at the market price.

3. Take-Profit / Stop-Loss (TP/SL) Orders

A take-profit/stop-loss order is a conditional order that automatically places a buy or sell order when the market reaches your preset trigger price, allowing you to lock in profits or control risk. Depending on the execution method, there are two types of orders:

Limit TP/SL: You set both a trigger price and a limit price. When the market price reaches the trigger price, the system places a limit order at your preset price.
Market TP/SL: You only need to set a trigger price. When the market price reaches the trigger price, the system submits a market order and executes at the best available price.

Example 1 (Stop-Limit + Stop-Loss)

You hold BTC and set a trigger price of 110,000 USDT with a limit sell price of 100,000 USDT. When the market price falls to 110,000 USDT, the system automatically places a limit sell order at 100,000 USDT, attempting to execute the stop-loss at that price.

Example 2 (Market Take-Profit)

You hold ETH and set a trigger price of 5,000 USDT. When the market price rises to 5,000 USDT, the system submits a market sell order and executes at the best available price to lock in profits.

To learn more about TP/SL orders, refer to: What Is a Take-Profit/Stop-Loss Order?

4. One-Cancels-the-Other (OCO) Order

OCO (One-Cancels-the-Other) orders, also known as selective entrustment orders, combine a stop limit order and a limit order into a single OCO order for placement. When the stop limit order is triggered, or when the limit order is executed / partially executed, the other order is automatically canceled. If either order is manually canceled, the corresponding order is simultaneously canceled as well.

OCO orders aim to secure better execution prices while ensuring buy/sell fulfillment. In spot trading, investors can utilize this trading strategy when they wish to set both a stop limit order and a limit order simultaneously.

At the time of writing, OCO orders are only supported for certain tokens, including BTC. We will use BTC as an example:

Suppose the current price of BTC is $43,400, and you want to buy when the price drops to $41,000. However, if the price of BTC continues to rise, and you believe that even after surpassing $45,000, it will continue to rise, you want to be able to buy when it reaches $45,500.

On the trading page for BTC, under the "Spot" section, click [ᐯ] next to "Stop-limit," and select [OCO]. In the left section, enter 41,000 in the "Limit" field, 45,000 in the "Trigger Price" field, and 45,500 in the "Price" field. Then, input the buying amount in the "Amount" field and click [Buy BTC] to set the order.

By using OCO orders in their spot trading strategy, investors can simultaneously set trigger prices for TP/SL as well as a limit price without having to set up two separate orders. This can save time and effort, enhancing trading efficiency. If you would like to learn more about One-Cancels-the-Other (OCO) orders, you can read about them here: What is a One-Cancels-the-Other (OCO) Order?

5. How To Check Order History

To check your order history, click on [Orders] at the top right corner of the official MEXC website and select [Spot Orders]. Here, you can access records for all your spot orders and trades.

Disclaimer: This information does not provide advice on investment, taxation, legal, financial, accounting, or any other related services, nor does it constitute advice to purchase, sell, or hold any assets. MEXC Learn provides information for reference purposes only and does not constitute investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. The platform is not responsible for users' investment decisions.

Market Opportunity

Overtake Price(TAKE)

$0.0185

$0.0185$0.0185

-2.16%

USD

Overtake (TAKE) Live Price Chart

Hot Crypto Updates

DoubleZero (2Z) Stop Loss Mastery: Lock in Profits

Understanding the Importance of Stop Loss and Take Profit in DoubleZero (2Z) Trading Risk management is crucial in volatile DoubleZero (2Z) markets, where price swings of 5–20% within a single day

2025/10/14

BNBHOLDER Stop Loss Strategy: Protect Your Profits

Introduction to Risk Management in BNBHOLDER Trading Understanding the importance of risk management when trading BNBHOLDER Overview of how stop-loss and take-profit orders help protect investments

2025/10/10

BNBHOLDER Stop Loss Mastery: Lock in Profits

Understanding the Importance of Stop Loss and Take Profit in BNBHOLDER Trading Why risk management is crucial in volatile BNBHOLDER markets How proper stop loss and take profit orders protect capital

2025/10/10

Binancelife (formerly BIANRENSHENG) Stop Loss Mastery: Lock in Profits

Understanding the Importance of Stop Loss and Take Profit in 币安人生 (Biancelife) Trading Risk management is crucial in the volatile 币安人生 (Biancelife) market, where daily price swings can exceed 20%[1].

2025/10/10