Orders, fees & slippage
Strategy decides what you trade; order mechanics decide what you actually get. BitBreakout supports three order types plus a reduce-only flag — the same core toolkit as a real venue.
The three order types
| Type | What it does | Use when | Fee |
|---|---|---|---|
| Market | Fills immediately by walking the order book — price not guaranteed | Getting in/out now matters more than price | Taker 0.04% |
| Limit | Rests in the book; fills only at your price or better | Price matters more than immediacy | Maker 0.02%* |
| Stop-Market | Dormant until price touches your trigger, then becomes a market order | Stop-losses and breakout entries | Taker 0.04% |
*A limit order that crosses the spread fills immediately and pays the taker fee instead.
Maker vs taker — why the fees differ
A resting limit order adds liquidity to the book — it makes the market deeper for everyone, so it pays the lower rate (0.02%). A market order removes liquidity, so it pays more (0.04%). On a 30,000 USDT position, that is 6 vs 12 USDT per side — small per trade, decisive over a 90-day season of trading.
Slippage — the hidden cost of market orders
A market order on BitBreakout has no protective price cap. It consumes order-book levels until your full size is filled and you pay the volume-weighted average of those levels. In a deep, calm market that is a rounding error; in a thin or fast market it is not.
Stop orders — the direction rule
A stop triggers when price reaches it, so it must sit on the far side of the market: a buy stop above the current price (breakout entry, or closing a short), a sell stop below (the classic stop-loss on a long). The terminal enforces this; understanding why prevents the most common beginner order error — placing a "stop" where a limit belongs.
Reduce-only
Tick Reduce-Only and the order can only shrink or close an existing position — never flip it or grow it. Use it on every stop-loss and take-profit so a stale order can't accidentally open a fresh position later. Reduce-only orders also require no additional margin.
Limit orders buy price certainty, market orders buy time certainty, stops automate your exits — and reduce-only keeps exits from becoming accidental entries. For click-by-click mechanics, see the Platform Tutorial.