When selecting limit or market stop-loss/take-profit orders, once the price reaches the trigger price, your order will be placed in the market for execution at the set limit or market price. Due to market price fluctuations and order matching conditions, the actual execution price may differ from the stop-loss or take-profit price you set, which could lead to an increase or decrease in transaction costs.
Please note that the trigger price ≠ order price ≠ execution price for stop-loss/take-profit orders. Therefore, we recommend managing trading risks effectively to avoid potential impacts from price differences.
For example, in a BTCUSDT perpetual contract long position, a limit take-profit and stop-loss order is set, with both the trigger price and order price for take-profit set at 107,600 USDT — indicating the user intends to close the long position at that price to take profit.
However, the actual average execution price was 107,698.2 USDT, resulting in a price difference from the preset level.
While the higher price increased the take-profit gain, in extreme market conditions, unfavorable slippage may also occur, potentially increasing trading costs.
Risk Disclaimer:
The content is for reference purposes only and does not constitute an invitation, offer, solicitation, or recommendation for any product or investment advice. Investment should be approached with caution, as digital asset prices are subject to significant market risk and price volatility, particularly in contracts and options, which can be influenced by market risks and price fluctuations. This may result in the loss of your entire investment. Therefore, digital asset trading may not be suitable for all investors. Investors should understand the product's operating model and make informed decisions based on their judgment. Please ensure compliance with local laws and regulations.