I can’t make a normal stop market order
I have to use STOP_LOSS_LIMIT and than set the price at some low amount below the stopPrice.
Is this something specific only to the testnet or is the entire SPOT market like this?
I can’t make a normal stop market order
I have to use STOP_LOSS_LIMIT and than set the price at some low amount below the stopPrice.
Is this something specific only to the testnet or is the entire SPOT market like this?
STOP_LOSS is the Stop Market order.
Correct. And this order is not possible on the SPOT network, at least not on testnet.
One has to do the STOP_LOSS_LIMIT, where you also have to specify the minimum price.
You can use the Exchange Information endpoint to identify which order types are allowed for a respective symbol.
Example for BNBUSDT on testnet
"orderTypes": [
"LIMIT",
"LIMIT_MAKER",
"MARKET",
"STOP_LOSS_LIMIT",
"TAKE_PROFIT_LIMIT"
],
Most symbols do not accept STOP_LOSS and TAKE_PROFIT orders