Help Center • Exchange & Trading

Exchange: Spot Trading, Orders, Fees & Disclosures

Guidance on spot trading, order types and statuses, fees and pricing disclosures, and regional feature availability. Trading access may vary by country and verification status. All activity remains subject to compliance screening, market integrity controls, and platform risk policies.

Last updated: 2026-01-13 Document: Help Center article Applies to: Retail users
Execution & compliance overview

Trades are executed based on available liquidity and matching rules. Orders and account activity may be limited, delayed, rejected, or reviewed due to verification requirements, market integrity controls, sanctions/AML screening, or technical constraints.

Verification required Market integrity controls Sanctions/AML screening

Exchange: Trading & Orders

Orders can be accepted but still not execute immediately.

An “accepted” or “open” order means it is active on the order book (or queued for matching), not that it is guaranteed to fill. Execution depends on price, liquidity, and matching priority. Some orders may be canceled or rejected if requirements are not met.

Order types (Spot)

Use the order type that matches your intent and risk tolerance. Availability may vary by region.

  • Market: executes at the best available price (may experience slippage).
  • Limit: executes only at your specified price or better (may not fill).
  • Stop: triggers when a price condition is met; execution depends on liquidity after trigger.
Statuses (what they mean)

Status wording can differ slightly by platform, but the meaning is generally consistent.

  • Open: active and waiting to match.
  • Partially filled: some quantity executed; remainder still open.
  • Filled: fully executed.
  • Canceled: stopped by you or the system (e.g., expired, risk event).
  • Rejected: not accepted (invalid params, limits, or compliance checks).
Slippage & price impact

Market orders can fill across multiple price levels if liquidity is limited, especially during fast markets.

  • Final execution price may differ from the last traded price you see.
  • Lower-liquidity pairs are more sensitive to price impact.
  • Consider limit orders when price certainty matters.
Partial fills & liquidity

A limit order may fill in parts as matching orders appear. The remaining amount stays open unless canceled.

  • Large orders may take longer to fill at a single price level.
  • Partial fills can occur across time and multiple counterparties.
  • Order book depth affects fill speed and pricing.
Available vs total balance

Funds can be “held” for open orders, pending deposits/withdrawals, or risk checks.

  • Total: your overall balance.
  • Available: what can be used for new orders right now.
  • Open orders reserve funds until filled or canceled.
Common rejection reasons

Rejections protect users and the platform. Some checks happen instantly; others may happen after submission.

  • Insufficient available balance or minimum size not met.
  • Invalid parameters (price/quantity precision, unsupported pair).
  • Verification required or account restrictions.
  • Risk controls, market integrity rules, or geo restrictions.

Regional Availability

The directory below reflects country-level feature availability for this Help Center page. Availability may change due to legal, regulatory, sanctions/AML, market integrity, risk controls, or partner requirements. Even where supported, individual orders may be rejected based on verification status, limits, or compliance screening.

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Country Exchange (Spot Trading) Advanced Orders (Stop/Limit) Margin / Leverage
Important scope note

“Supported” indicates availability at a country level. Individual orders may still be rejected due to verification requirements, market integrity controls, sanctions/AML screening, limits, system maintenance, or risk policies. Feature sets (e.g., stop orders or leverage) may differ by region and may change over time.

Fees & Pricing

Trading fees and pricing outcomes depend on order type, liquidity, and market conditions. Fees and any applicable spreads are shown in-app before you confirm an order (where available). Fees may differ by region, product, and account level.

Fees vs spread (what’s the difference?)
  • Fee: a platform charge shown as a separate line item (where applicable).
  • Spread: the difference between buy and sell prices in the market (can widen during volatility).
  • Some order flows may include both, depending on product design and region.
Maker / taker concept (if applicable)
  • Maker: adds liquidity (often a limit order that doesn’t execute immediately).
  • Taker: removes liquidity (market orders and limits that execute immediately).
  • Your in-app preview will show how fees apply to the order you place.
Where to see fees
  • Order preview (before confirmation) typically shows estimated fees.
  • Order receipt / trade details show final fees after execution.
  • Account statements and exports include fee line items (where supported).
Fee examples (illustrative)

Example only. Actual rates may vary and are disclosed in-app.

  • A small percentage fee may apply to an executed trade.
  • Partial fills may generate multiple executions (and fees) for the same order.
  • Network or withdrawal fees are separate from trading fees.
Pricing outcomes may vary

Final execution price can differ from the last traded price due to slippage, liquidity, and volatility. Fees and spreads (if any) are displayed before order confirmation where possible. LightBit may apply risk controls or protective limits during unusual market conditions.

FAQ

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An “open” order is active and waiting to match. Limit orders fill only if the market reaches your price and there is sufficient liquidity. During low liquidity or fast-moving markets, an order may remain open until it matches, partially fills, or you cancel it.
Market orders execute against available liquidity. If the order book changes quickly or liquidity is limited, your order may fill across multiple price levels, resulting in slippage. Using a limit order can reduce slippage but may result in no fill.
A partial fill happens when only part of your order can be matched at the available prices or quantities. The executed portion is completed, and the remaining amount stays open unless you cancel it or it expires (if an expiry applies).
Total is your overall balance. Available is what you can use right now. Funds may be held for open orders, pending deposits or withdrawals, or risk checks. Canceling an open order typically releases the reserved amount back to available.
Fees (if applicable) depend on the product, region, and how your order executes (e.g., whether it adds or removes liquidity). The order preview typically shows estimated fees before confirmation, and the final trade details show the actual fee after execution.
Restrictions can occur due to incomplete verification, account security events, risk controls, geo limitations, or compliance screening. Check in-app prompts for required actions. Some restrictions may require additional review and cannot be overridden by support.
Stop orders activate only when the stop condition is met. After triggering, the order may execute based on available liquidity and market conditions. In fast markets, the execution price can differ from the trigger level due to slippage.
Common reasons include insufficient available funds, minimum order size rules, invalid price/quantity precision, unsupported pairs, verification requirements, or risk controls. Review the in-app order message for the most specific reason available.
During maintenance or unusual market conditions, some features may be temporarily limited to protect users and maintain orderly markets. This can include delayed order placement, reduced leverage availability, or additional risk checks.
If supported in your region, you can export trade history or statements from your account activity page in-app. Exports are provided for recordkeeping and do not constitute tax advice. Consult a qualified professional for tax guidance.
Margin/leverage (if offered) may be restricted by country, account level, verification status, or risk controls. In some cases, only spot trading is available. Check your in-app product eligibility and any required disclosures.
Prices can differ due to liquidity, order book depth, regional demand, timing, and volatility. The “last price” shown is a snapshot; execution depends on available orders at the moment your trade matches.
Large orders may match with several counterparties or multiple price levels. Each match is recorded as an execution, and the combined executions make up your final fill. This can also affect the average execution price and fee totals.
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Disclaimer

This Help Center content is for informational purposes and does not constitute financial, legal, or tax advice. Use of LightBit services is governed by applicable Terms, product disclosures, and any trading program terms.