A Trigger Order allows you to set a trigger condition in advance. When the market price reaches the specified 【Trigger Price】, the system automatically submits an order based on your preset settings.

Trigger Orders can be used to open a position after the market reaches a specific price, or as part of take-profit and stop-loss strategies.

How Does a Trigger Order Work?

When setting up a Trigger Order, you mainly need to configure the following:

• Trigger Price: Determines when the order will be triggered.

• Order Price/Order Type: Once triggered, the system submits either a market order or limit order based on your settings.

For example, if BTC is currently trading at 80,000 USDT and you want to open a long position only after the price breaks above 82,000 USDT, you can set 82,000 USDT as the 【Trigger Price】. Once the market price reaches the trigger condition, the system will submit the opening order according to your preset settings.

How to Set Up a Trigger Order?

1⁠. Go to the BTCC Futures trading page and select 【Open】 or 【Close】.

2⁠. Open the order type menu and select 【Trigger Order】.

3⁠. Enter the 【Trigger Price】, then select 【Market Order】 or 【Limit Order】. If you select a Limit Order, enter the corresponding order price. Then enter the 【Quantity】. 

4. Review the order details, then click 【Open Long】 or 【Open Short】 to submit the order. 

Important Notes

• A Trigger Order does not freeze your margin or position before it is triggered.

• When a Trigger Order is triggered, the order may fail to be submitted if your available margin is insufficient, the position limit is exceeded, or the relevant contract is unavailable for trading.

• A triggered Trigger Order does not guarantee execution. If a Limit Order is used, it will only be filled when the market price meets the execution conditions.

• During rapid market movements, the actual execution price of a Market Order may differ from the market price at the time the Trigger Order was triggered.

FAQ

Q: What is the difference between a Trigger Order and a regular Limit Order?

A Limit Order becomes an active order immediately after submission. A Trigger Order, on the other hand, remains inactive until the market reaches the specified 【Trigger Price】. Only then will the system submit the corresponding order.