Orderbook Trading Tutorial
Visit the Orderbook App
Visit the orderbook app and sign in to get started. You can visit Bluefin perps at https://trade.bluefin.io/pro/BTC-PERP.
Check Out the Orderbook
You can check out the trade on the Orderbook with the prices and select any of the orders to match a trade.
Check out the Trading Section
On the right side you’ll find where you can buy/long and sell/short tokens with different order types. Toggle different order types to set the order you want when you want to trade.
Place Market Orders
Market orders are executed immediately at the best available price. They’re useful when you want to buy or sell quickly without waiting for a specific price. To place a market order:- Select “Market” from the order type dropdown
- Enter the quantity you want to trade
- Click “Buy/Long” (green button) or “Sell/Short” (red button)
Place Limit Orders
Limit orders allow you to specify the exact price at which you want to buy or sell. They’re ideal when you want to get a specific price rather than accepting whatever is currently available. To place a limit order:- Select “Limit” from the order type dropdown
- Enter the price at which you want to execute the trade
- Enter the quantity you want to trade
- Click “Buy/Long” (green button) or “Sell/Short” (red button).
Place Conditional Orders
Conditional orders let you create orders that only trigger when certain market conditions are met. They’re especially useful for implementing stop losses or taking profits at predetermined price levels. To place a conditional order:- Select “Conditional” from the order type dropdown.
- Set your trigger price (the price at which your order activates).
- Choose your order type (market or limit) that will execute after triggering.
- Enter the quantity you want to trade.
