Poloniex Futures supports four different types of orders to help you trade more efficiently like a pro.

What is a limit order?

A limit order is an order with a specified limit price and order quantity. The trade will only be executed if the market price reaches your limit price (or better). Therefore, a limit order is not guaranteed to be executed.

When placing a limit order, the user may choose a Time in Force strategy among Good Till Canceled (GTC), Immediate or Cancel (IOC), and Post Only to decide how long the order will remain active before it is executed or expires.

What is a market order?

A market order is an order to immediately buy or sell at the best available price, and is executed instantly at the current market price.

What is a trigger-limit order？

A trigger-limit order allows you to predetermine the order's limit price, quantity, and trigger price. Once you place a trigger-limit order and the trigger price is reached, a limit order will be placed automatically based on the predetermined price and quantity.

None of the user's available assets will be freezed before a trigger order is executed.

When placing a trigger-limit order, the user may choose the type of the trigger price among the last price, mark price, and index price. They may also choose a Time in Force strategy (GTC, IOC, or Post Only).

What is a trigger-market order?

A trigger-market order refers to an order with a pre-specified trigger price and order quantity. When the market price reaches the trigger price, a market order will be automatically placed based on the predetermined quantity.

None of the user's available assets will be freezed before a trigger order is executed.

When placing a trigger-market order, the user may choose the type of the trigger price among the last price, mark price, and index price.