OrangeX to Launch "Cost" Order Feature for Perpetual Contracts
Update on 2025/06/03 01:28:34
Dear OrangeX Users,
We are excited to announce the upcoming launch of the "Cost" order feature on OrangeX Perpetual Contracts! This new functionality is designed to enhance your trading experience by providing greater precision and flexibility in order execution.
What is the "Cost" Order Feature?
The "Cost" order allows traders to set a specific total cost for their position, rather than manually calculating the entry price and quantity. The system will automatically determine the appropriate order size based on your desired cost, simplifying the trading process and reducing potential errors.
Key Benefits:
✅ Simplified Trading – No need to calculate position size manually; just input your desired cost.
✅ Precision Control – Set your exact intended investment amount for better risk management.
✅ Efficiency – Save time and execute trades faster with automated order sizing.
How to use cost mode place an order for perpetual
Step 1: Login to your OrangeX account and choose a perpetual trading pair
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Step 2: Click "Amount - USDT"
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Step 3: Chose "Cost" order placement method and click "Confirm", After that, you can use Cost mode to place your perpetual orders. You can check your order cost status in the bottom right corner."
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Happy Trading!
OrangeX Team