Topics
    Spot Trading Rules
    bybit2024-06-20 03:19:34

    To protect traders from market manipulations, Bybit implements the following order execution limits for spot trading.

     

     

     

     

     

     

    Price Limit

    For Market Order: If the est. filled price deviates by more than a certain percentage from the last traded price, the market order will be partially executed. Any remainder of the order exceeding the limit will be canceled. A market order will only be filled within 800 transactions.

     

    For example, assuming the market order limit for MNT/USDT is 5%. When the last traded price is at 2 USDT, a trader places a market buy order of 100,000 USDT. Any portion that could have been filled at above 2.1 USDT will be canceled. Assuming only 80,000 USDT order value can be filled at a price of 2.1 USDT or below, the remaining 20,000 USDT order value will be canceled since the deviation exceeds the 5% threshold.

     

     

    For Limit Order: If the order price of a buy order or a sell order deviates from the Last Traded Price by a certain percentage, the order won’t be executed. For example, if the limit is 10%, the order price of your buy order cannot exceed 110% of the Last Traded Price, while the order price of your sell order cannot be lower than 90% of the Last Traded Price.

     

     

    For the first five (5) minutes of a new Spot pair listing:

    • For Market Orders and Conditional Orders: Both order types will not be supported within the first five (5) minutes of a new Spot pair listing. This duration may change based on market conditions.

    • For Limit Orders: Within the first five (5) minutes, the order price of your buy and sell orders cannot exceed 5,000% of the listing price. This limit may change based on market conditions.

     

     

     

     

    Order Limit

    Bybit imposed a minimum and maximum order quantity and value for each order. For example, the minimum order value for BTC/USDT per order cannot be less than 1 USDT and the maximum order value cannot exceed 2,000,000 USDT per order.

     

     

     

     

    Order Quotas

    An order quota refers to the maximum value of coins a user can hold after buying from the Spot market. The available quota for the selected coin = max. total order value - no. of coins held (Spot Account) * last traded price - current total order value.

     

    Only the coins listed in the Innovation Zone and Adventure Zone are subject to order quota due to the higher investment risk and price volatility. There is no limit on coins outside these zones.

     

    For illustration, the order quota for FLOKI is 100,000 USDT, and the market price is 0.00017. The maximum quantity users can buy from the Spot market is 571,428,571 FLOKI (100,000/0.00017). Once this quota is reached, only sell orders are allowed. Any value increase due to deposits or price changes after reaching the quota isn't restricted. You can view the order quotas on the spot trading order window.

     

    Spot Trading Rules 01.png

     

     

     

     

    How to View the Spot Trading Limit

    To view the price limit and order limit for the respective spot trading pair, please visit this page.

     

    Spot Trading Rules 02.png

    Was it helpful?
    yesYesyesNo