To safeguard traders against market manipulation, Zoomex applies specific order execution limits for spot trading.
Price Limits
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For Market Orders: If the estimated filled price deviates beyond a set percentage from the last traded price, only part of the order will be executed. Any portion that exceeds this limit will be canceled.Example: Suppose the market order limit for BTC/USDT is 3%. If the last traded price is 30,000 USDT, and a trader places a 1,000,000 USDT buy order, any portion filled above 30,900 USDT will be canceled. If only 900,000 USDT of the order can fill at 30,900 USDT or below, the remaining 100,000 USDT will be canceled due to the 3% deviation limit.
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For Limit Orders: If the order price for a buy or sell order deviates from the last traded price by more than the set percentage, it will not execute. For example, with a 5% limit, a buy order price cannot exceed 105% of the last traded price, and a sell order price cannot fall below 95% of that price.
Order Limits
Zoomex sets minimum and maximum order quantities and values per trading pair. For example, the minimum order value for ETH/USDT is 10 USDT, and the maximum order value is 1,500,000 USDT per order.
Zoomex sets minimum and maximum order quantities and values per trading pair. For example, the minimum order value for ETH/USDT is 10 USDT, and the maximum order value is 1,500,000 USDT per order.
Order Quotas
Order quotas limit the maximum value of a token a user can hold after purchasing in the Spot market. The quota calculation is as follows:
Order quotas limit the maximum value of a token a user can hold after purchasing in the Spot market. The quota calculation is as follows:
Available quota for the selected token = max. total order value - (number of tokens held in Spot Account * last traded price) - current total order value.
Example: If the order quota for DOGE is 50,000 USDT and the market price is 0.07 USDT, the maximum purchasable quantity in the Spot market is approximately 714,285 DOGE (50,000 / 0.07). Once this quota is reached, only sell orders are allowed. Quotas are unaffected by deposits or price changes after reaching the limit. Order quotas can be viewed in the spot trading order window.
Viewing Spot Trading Limits To review the price and order limits for each trading pair, please visit Spot Trading Rules.