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Spot

Order Types

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Spot supports three order types: Market, Limit, and TWAP. Pick them from the tabs at the top of the order entry panel.

Market

Section titled “Market”

Executes immediately against the order book at the best available price.

  • Slippage cap — market orders carry a maximum slippage setting (default 0.5%, adjustable from 0.01% up to 20%). If the book moves beyond your cap before the order lands, the unfilled remainder is cancelled instead of filling at a worse price.
  • Size can be entered in the base asset or in USD, or as a percentage of your balance.

Use market orders when speed matters more than price.

Limit

Section titled “Limit”

Rests on the book at your chosen price. Three time-in-force options:

TIF Behaviour
GTC (Good til canceled) Rests on the book until it fills or you cancel it.
IOC (Immediate or cancel) Fills whatever it can immediately at your price or better; cancels the rest.
ALO (Add liquidity only / post-only) Joins the book without ever matching immediately — cancelled if it would cross. Guarantees you pay the maker rate.

Use limit orders when you want price control. A resting limit order that fills pays the maker fee — the cheapest way to trade on Spot.

TWAP

Section titled “TWAP”

A TWAP (Time-Weighted Average Price) order splits a large order into small slices executed steadily over a duration you choose, reducing the market impact of sizing in or out.

  • Duration: 5 minutes to 24 hours. Presets for 15m / 30m / 1h / 4h; default 30 minutes.
  • Randomize timing (on by default): varies the spacing of the slices so the pattern is harder to front-run.
  • Minimum TWAP size: $100.

The TWAP runs in the background — you can watch progress and cancel the remainder at any time from the open orders panel.

Order minimums and precision

Section titled “Order minimums and precision”
  • Minimum order value: $10.
  • Prices are quoted to 5 significant figures; size precision varies by asset. The order panel enforces both for you.

After you place an order

Section titled “After you place an order”
  • Open orders — resting limit orders and running TWAPs appear in the orders panel, where you can cancel them individually or all at once.
  • Fills — executions appear in your trade history and update your balances immediately.
  • Positions — spot holdings appear in the Spot tab of Portfolio, alongside total and available balance.