> For the complete documentation index, see [llms.txt](https://docs.chainbitx.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.chainbitx.com/help-center/eng/readme/trading-guide/spot-trading/spot-trading-order-types.md).

# Spot Trading Order Types

ChainBitX currently supports three types of spot orders:

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**1. Limit Order**

Users set a **specific order price**, and the trade will execute at that price or a better one.

* The trigger price is the one set by the user.
* Orders are placed at a **fixed price**, which may result in slower execution if there are no matching orders.
* If no matching or better orders exist in the order book, the order remains pending, increasing market depth.

**Pros:**

* Offers favorable pricing for buy/sell actions.
* Useful for partial or full take-profit orders.
* Matches the trading strategy of many investors.

**Cons:**

* Execution is not guaranteed.
* May not fill if the market doesn’t reach the order price.
* Slower execution speed.

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**2. Market Order**

Executed at the **current market price**, no need to set a price manually.

* Triggered at the **latest market price**, executing immediately at available prices.
* The final executed price may differ from the market price shown at the time of order placement.

**Pros:**

* Ensures immediate execution.
* Preferred for entering or exiting positions quickly to follow market trends.

**Cons:**

* During high volatility, the executed price may be less favorable than expected.

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**3. Conditional (Planned) Order**

Triggered only **when a preset condition (trigger price)** is met.

* You must set a **trigger price** to activate the order.
* Once triggered, the system places the order at market price or a predefined limit price.
* The final execution price may differ from the trigger price, but execution is usually fast.

**Pros:**

* Better control over price than market orders.
* Allows strategic planning: orders only enter the market when a specific price is reached.

**Cons:**

* If the market never hits the trigger price, the order won’t be executed.
* There is a risk of **non-execution**.

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#### **Spot Delisting Mechanism** <a href="#h_01k2bt85nj6xad37wgyc6yyt12" id="h_01k2bt85nj6xad37wgyc6yyt12"></a>

To maintain a safe and healthy trading environment, ChainBitX periodically reviews all listed tokens to protect user interests.

If a token fails to meet ChainBitX’s listing standards, the team will conduct a thorough review and may delist the token and its associated trading pairs.

***

**If a token is delisted, the following actions may occur:**

1. **Suspend trading** for some or all of the token’s trading pairs.
2. **Suspend deposits** for the token.
3. **Suspend withdrawals** for the token.

***

**Grace Period**

Before withdrawal is suspended, ChainBitX will provide users with a **grace period** to allow withdrawal or trading of the affected token.

If a user fails to withdraw the token within the grace period, ChainBitX **may convert the token to USDT at the market price** at the time of delisting, **subject to market conditions**.

***

**Important Notes:**

1. Due to market volatility, it’s **recommended to withdraw early** to avoid potential losses.
2. Withdrawals **take time**—please allow enough time to complete the process.
3. ChainBitX **reserves the right** to modify, change, or cancel the delisting mechanism at any time, without prior notice.