ritmex-bot/docs/binance/binance_derivatives/docs_derivatives_coin-margined-futures_trade_websocket-api.md

title, source, fetched_at

title	source	fetched_at
New Order | Binance Open Platform	https://developers.binance.com/docs/derivatives/coin-margined-futures/trade/websocket-api	2026-01-27T05:28:06.014Z

New Order(TRADE)

API Description​

Send in a new order.

Method​

order.place

Request​

{  "id": "60fa4366-f96e-42fe-a82b-f819952c6db4",  "method": "order.place",  "params": {    "apiKey": "",    "price": "50000",    "quantity": 1,    "side": "BUY",    "symbol": "BTCUSD_PERP",    "timeInForce": "GTC",    "timestamp": 1728413737111,    "type": "LIMIT",    "signature": "0f04368b2d22aafd0ggc8809ea34297eff602272917b5f01267db4efbc1c9422"	}}

Request Weight​

0

Request Parameters​

Name

Type

Mandatory

 Description

symbol

STRING

YES

side

ENUM

YES

BUY or SELL

positionSide

ENUM

NO

Default BOTH for One-way Mode; LONG or SHORT for Hedge Mode. It must be sent in Hedge Mode.

type

ENUM

YES

LIMIT, MARKET, STOP, STOP_MARKET, TAKE_PROFIT, TAKE_PROFIT_MARKET, TRAILING_STOP_MARKET

timeInForce

ENUM

NO

quantity

DECIMAL

NO

Quantity measured by contract number, Cannot be sent with closePosition=true

reduceOnly

STRING

NO

true or false. default false. Cannot be sent in Hedge Mode; cannot be sent with closePosition=true (Close-All)

price

DECIMAL

NO

newClientOrderId

STRING

NO

A unique id among open orders. Automatically generated if not sent. Can only be string following the rule: ^[\.A-Z\:/a-z0-9_-]{1,36}$

stopPrice

DECIMAL

NO

Used with STOP/STOP_MARKET or TAKE_PROFIT/TAKE_PROFIT_MARKET orders.

closePosition

STRING

NO

true, false；Close-All，used with STOP_MARKET or TAKE_PROFIT_MARKET.

activationPrice

DECIMAL

NO

Used with TRAILING_STOP_MARKET orders, default as the latest price(supporting different workingType)

callbackRate

DECIMAL

NO

Used with TRAILING_STOP_MARKET orders, min 0.1, max 10 where 1 for 1%

workingType

ENUM

NO

stopPrice triggered by: "MARK_PRICE", "CONTRACT_PRICE". Default "CONTRACT_PRICE"

priceProtect

ENUM

NO

"TRUE" or "FALSE", default "FALSE". Used with STOP/STOP_MARKET or TAKE_PROFIT/TAKE_PROFIT_MARKET orders.

newOrderRespType

ENUM

NO

ACK,RESULT, default ACK

priceMatch

ENUM

NO

only available for LIMIT/STOP/TAKE_PROFIT order; can be set to OPPONENT/ OPPONENT_5/ OPPONENT_10/ OPPONENT_20: /QUEUE/ QUEUE_5/ QUEUE_10/ QUEUE_20; Can't be passed together with price

selfTradePreventionMode

ENUM

NO

NONE: No STP / EXPIRE_TAKER:expire taker order when STP triggers/ EXPIRE_MAKER:expire taker order when STP triggers/ EXPIRE_BOTH:expire both orders when STP triggers; default NONE

recvWindow

INT

NO

timestamp

INT

YES

Additional mandatory parameters based on type:

Type

Additional mandatory parameters

LIMIT

timeInForce, quantity, price

MARKET

quantity

STOP/TAKE_PROFIT

quantity, price, stopPrice

STOP_MARKET/TAKE_PROFIT_MARKET

stopPrice

TRAILING_STOP_MARKET

callbackRate

• Order with type STOP, parameter timeInForce can be sent ( default GTC).
• Order with type TAKE_PROFIT, parameter timeInForce can be sent ( default GTC).
• Condition orders will be triggered when:
  • If parameter priceProtect is sent as true:
    • when price reaches the stopPrice，the difference rate between "MARK_PRICE" and "CONTRACT_PRICE" cannot be larger than the "triggerProtect" of the symbol
    • "triggerProtect" of a symbol can be got from GET /dapi/v1/exchangeInfo
  • STOP, STOP_MARKET:
    • BUY: latest price ("MARK_PRICE" or "CONTRACT_PRICE") >= stopPrice
    • SELL: latest price ("MARK_PRICE" or "CONTRACT_PRICE") <= stopPrice
  • TAKE_PROFIT, TAKE_PROFIT_MARKET:
    • BUY: latest price ("MARK_PRICE" or "CONTRACT_PRICE") <= stopPrice
    • SELL: latest price ("MARK_PRICE" or "CONTRACT_PRICE") >= stopPrice
  • TRAILING_STOP_MARKET:
    • BUY: the lowest price after order placed <= activationPrice, and the latest price >= the lowest price * (1 + callbackRate)
    • SELL: the highest price after order placed >= activationPrice, and the latest price <= the highest price * (1 - callbackRate)
  • For TRAILING_STOP_MARKET, if you got such error code. {"code": -2021, "msg": "Order would immediately trigger."} means that the parameters you send do not meet the following requirements:
    • BUY: activationPrice should be smaller than latest price.
    • SELL: activationPrice should be larger than latest price.
  • If newOrderRespType is sent as RESULT:
    • MARKET order: the final FILLED result of the order will be return directly.
    • LIMIT order with special timeInForce: the final status result of the order(FILLED or EXPIRED) will be returned directly.
  • STOP_MARKET, TAKE_PROFIT_MARKET with closePosition=true:
    • Follow the same rules for condition orders.
    • If triggered，close all current long position(if SELL) or current short position(if BUY).
    • Cannot be used with quantity parameter
    • Cannot be used with reduceOnly parameter
    • In Hedge Mode, cannot be used with BUY orders in LONG position side. and cannot be used with SELL orders in SHORT position side

Response Example​

{  "id": "60fa4366-f96e-42fe-a82b-f819952c6db4",  "status": 200,  "result": {      "orderId": 333245211,      "symbol": "BTCUSD_PERP",      "pair": "BTCUSD",      "status": "NEW",      "clientOrderId": "5SztZiGFAxgAqw4J9EN9fA",      "price": "50000",      "avgPrice": "0.00",      "origQty": "1",      "executedQty": "0",      "cumQty": "0",      "cumBase": "0",      "timeInForce": "GTC",      "type": "LIMIT",      "reduceOnly": false,      "closePosition": false,      "side": "BUY",      "positionSide": "BOTH",      "stopPrice": "0",      "workingType": "CONTRACT_PRICE",      "priceProtect": false,      "origType": "LIMIT",      "updateTime": 1728413795125  },  "rateLimits": [      {          "rateLimitType": "REQUEST_WEIGHT",          "interval": "MINUTE",          "intervalNum": 1,          "limit": 2400,          "count": 6      },      {          "rateLimitType": "ORDERS",          "interval": "MINUTE",          "intervalNum": 1,          "limit": 1200,          "count": 1      }  ]}

• API Description
• Method
• Request
• Request Weight
• Request Parameters
• Response Example