Thanks to trusted friends, you G have opened another series "You ask, G answers" 😁😁
Today's question that G supports is about REVERSE ORDER:
A reverse order (Reversal Order) is the action of closing the current order and simultaneously opening an opposite order with an equivalent volume. This is a technique often used in margin or futures trading to quickly reverse a position.
💥 Specific example:
You are holding a Long (Buy) order of 1 BTC.
When the market starts to decline, you place a reverse order.
Result:
→ The Long order of 1 BTC will be closed.
→ A Short (Sell) order of 1 BTC will be opened immediately.
💥 Effects of reverse orders:
Saves operation time: no need to close and then open step by step.
Quick response to a market reversal.
Keeps the volume the same, only changes the trading direction.
💥 When should you use it?
When you see a strong market reversal signal.
You want to flip your position quickly to not miss out on price waves.
Suitable for short-term traders who need speed.
💥 What are the transaction fees for reverse orders?
The transaction fee for reverse orders on exchanges like Binance Futures is calculated like two separate orders:
1. Closing the old order → charged a fee once
2. Opening a new opposite order → charged an additional fee once more
💥 Details:
Maker: When you place a limit order and wait for it to match (limit order).
Taker: When you match the order immediately (market order or stop-market...).
On Binance Futures: (Basic level - Vip 0)
- Maker fee: 0.02%
- Taker fee: 0.05%
💥 Example:
You reverse an order of 1 BTC, both orders are market (taker):
→ Fee = 0.05% (close) + 0.05% (open) = 0.10% of the total order value
Today's question that G supports is about REVERSE ORDER:
A reverse order (Reversal Order) is the action of closing the current order and simultaneously opening an opposite order with an equivalent volume. This is a technique often used in margin or futures trading to quickly reverse a position.
💥 Specific example:
You are holding a Long (Buy) order of 1 BTC.
When the market starts to decline, you place a reverse order.
Result:
→ The Long order of 1 BTC will be closed.
→ A Short (Sell) order of 1 BTC will be opened immediately.
💥 Effects of reverse orders:
Saves operation time: no need to close and then open step by step.
Quick response to a market reversal.
Keeps the volume the same, only changes the trading direction.
💥 When should you use it?
When you see a strong market reversal signal.
You want to flip your position quickly to not miss out on price waves.
Suitable for short-term traders who need speed.
💥 What are the transaction fees for reverse orders?
The transaction fee for reverse orders on exchanges like Binance Futures is calculated like two separate orders:
1. Closing the old order → charged a fee once
2. Opening a new opposite order → charged an additional fee once more
💥 Details:
Maker: When you place a limit order and wait for it to match (limit order).
Taker: When you match the order immediately (market order or stop-market...).
On Binance Futures: (Basic level - Vip 0)
- Maker fee: 0.02%
- Taker fee: 0.05%
💥 Example:
You reverse an order of 1 BTC, both orders are market (taker):
→ Fee = 0.05% (close) + 0.05% (open) = 0.10% of the total order value
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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