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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.

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