How to Place a Limit Order on BYDFi Futures (APP)

Overview

A Limit Order allows you to buy or sell at a specific price, giving you more control over entry and exit points.

This type of order is ideal for traders who want to set predefined prices instead of executing immediately.

How to Place a Limit Order on the BYDFi App

1. Go to the Futures Trading Page

Log in to your BYDFi account and open the Futures section.

Select the trading pair (e.g., BTCUSDT).

2. Select Limit Order Type

In the order type dropdown, choose Limit.

Set your leverage — BYDFi supports up to 200x leverage (varies by asset).

Your margin requirement adjusts based on leverage. Example: 20x leverage = 20% margin

3. Set Order Price and Amount

Enter your desired Limit Price — the price at which you want your order to be executed.

Input the order amount (in USDT or contract units).

4. Confirm and Wait for Execution

Click Buy/Long or Sell/Short.

The order remains pending until the market reaches your limit price.

You can check it in Open Orders section

Tips for Limit Orders

• Best for strategic entries and avoiding slippage.
• Use in combination with Stop-Limit Orders for better risk management.
• Can help capture precise price levels during market retracements.

Key Takeaways