How to Use Flipster Order Types: From Market to Trigger Orders Explained

How to Use Flipster Order Types: From Market to Trigger Orders Explained

Why Order Types Matter in Crypto Futures Trading

In crypto futures trading, choosing the right order type is crucial for managing risk, improving trade execution, and optimizing your overall strategy. Order types—such as market, trigger-price, and time-trigger orders—allow traders to automate entries and exits, capitalize on price volatility, and respond efficiently to market-moving events. Whether you're day trading altcoins or managing a longer-term position in Bitcoin, understanding how and when to use each order type gives you greater control over trade timing, price precision, and capital efficiency. For crypto traders using high-leverage platforms, mastering order types is not just a convenience—it's a strategic edge.

Order Types on Flipster

  1. Market Order

  2. Trigger Price Order

  3. Time Trigger Order

What is a Market Order

A market order is the most straightforward and immediate method for executing a trade in perpetual futures. It instructs the platform to buy or sell a contract at the best available price in the order book at that moment. Because market orders prioritize speed over price, they are commonly used in fast-moving markets or when entering or exiting a position quickly is more important than achieving an exact price point.

However, traders should be aware that in volatile conditions, market orders can experience slippage, leading to execution at a slightly less favorable price than expected.

Key benefits

Advantage

Why It Matters

Instant execution

Ideal during news-driven volatility

Beginner-friendly

No extra parameters - perfect for traders learning how to trade BTC or altcoin perps quickly

Drawbacks

  • Market orders are designed to fill the entire order amount, but execution may occur at multiple price levels if liquidity is limited, resulting in slippage.

  • No price protection; you take whatever the market offers at that moment.

How to place a Market Order on Flipster

  1. Sign up or log in to your Flipster account.

  2. From the Trade page, choose the trading pair (e.g., BTC-USDT Perp).

  3. In the order panel, select Market.

  4. Specify your USDT margin or position size.

  5. Click Confirm.

What Is a Trigger-Price Order (Price-Conditional Orders)

A Trigger-Price Order is price-conditional: your order stays dormant until the market hits your specified Trigger Price. Once triggered, the system submits a market or limit order on your behalf. This helps automate breakout entries or stop-loss exits.

Why traders use Trigger-Price Orders

Use Case

Example

Breakout trading

Place a Trigger-Price buy order above resistance. If BTC breaks above $110,000, it opens a long position automatically.

Stop loss

Protect downside by setting a sell Trigger at $100,000 to exit if the market reverses.

Trend continuation

Use trailing Trigger logic to scale into momentum trades.

Setting up a Trigger-Price Order on Flipster

  1. On the Trade page, select “Trigger Order” from the order type dropdown.

  2. Select “Trigger price”.

  3. Enter your Trigger Price—the price at which the order will be activated.

  4. Specify your USDT margin or position size.

  5. Click Confirm. If the trigger condition is not yet met, the order will appear under Pending Orders.

What Is a Time-Trigger Order

A Time-Trigger Order is a type of conditional order that automatically executes at a specific future time and date set by the trader. Unlike price-based triggers, it doesn't rely on market conditions, making it ideal for scenarios where timing is critical, such as entering or exiting positions around scheduled economic announcements, market session openings, or known volatility events. 

This order type allows traders to pre-plan strategies with precision and maintain discipline without needing to be online at the moment of execution.

Why Time-Trigger Orders are valuable

Scenario

Benefit

Macro events

Schedule an order seconds before the Fed rate announcement.

Funding rate resets

Enter positions just after funding to minimize fees.

Overnight strategy

Place an order for the London open while you sleep.

How to place a Time-Trigger Order on Flipster

  1. On the Trade page, select “Trigger Order” from the order type dropdown.

  2. Select “Trigger time”.

  3. Set the Execution Time (UTC +08:00) - the order can be triggered down to the second.

  4. Decide on Order Action: Buy/Long or Sell/Short.

  5. Specify your USDT margin or position size.

  6. Click Confirm. If the trigger condition is not yet met, the order will appear under Pending Orders.

Comparing Flipster Order Types

Feature/Order Type

Market

Trigger-Price

Time-Trigger

Execution speed

Immediate

Upon price hit

At a set time

Best for

Rapid entries/exits

Breakouts, stop loss, automated strategies

Scheduled events

Frequently Asked Questions (FAQs)

What is a Trigger-Price Order on Flipster?

A Trigger-Price Order activates only when the market reaches a predefined price, then submits your chosen market or limit order automatically.

How do Time-Trigger Orders work?

Time-Trigger Orders execute at a precise future timestamp, ideal for trading macro events or funding-rate resets without manual intervention.

Which order type is best for volatile crypto markets?

Market orders offer speed, Trigger-Price orders add precision, and Time-Trigger orders add scheduling flexibility; combine them based on strategy.

Ready to trade with precision?

Sign up for a Flipster account, fund your wallet, and explore the full potential of Market, Trigger-Price, and Time-Trigger Orders. Combined with Flipster’s ultra-low fees and minimal slippage, selecting the right order type can significantly enhance your crypto futures performance.

Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with a significant risk of loss due to its high price volatility, and is not suitable for all investors. Please refer to our Terms.