Place Spot & Futures orders + TP/SL on Binance
The order types fastbot supports, how to size by coin/USDT/percent, and how to attach take-profit (TP) and stop-loss (SL).
1 min read·Updated September 16, 2026
Once you have connected Binance, you can place orders right in the chat.
Order types
- Market — fills immediately at market price.
- Limit — waits to fill at your chosen price.
- Stop Market / Stop Limit — triggers when price hits a level (for breakouts).
- Trailing Stop — follows price to protect profit.
Sizing an order
When placing an order, you choose how the amount is calculated:
- coin — the number of coins directly.
- USDT — by USDT amount (fastbot converts for you).
- percent — a percentage of available balance.
fastbot rounds to each pair tick size and minimum quantity before sending.
Take-profit (TP) and stop-loss (SL)
- Set TP/SL by a specific price or a percent from entry.
- Supports multi-level TP (scaling out in parts).
- Linked orders: when TP fills it cancels the SL, and vice versa — no leftover dangling orders.
Other actions
- 📋 Open orders — view, cancel or edit the price of pending orders.
- 📊 Positions (Futures) — close partially, close all, or reverse.
Start with small amounts while you learn. Next: Set up DCA on Binance.