Toobit Futures Upgrades Trading With Scaled Orders

The popular crypto exchange Toobit announced the launch of scaled orders on Toobit Futures. The initiative lets traders place multiple limit orders across different price levels at once, simplifying trade execution and position management. Using scaled orders, market participants can configure up to 10 limit orders across a chosen price range in a single setup. They can also customize how both prices and position sizes are distributed, allowing for greater flexibility in executing trading strategies and saving time on manual order entry. The feature is particularly useful for traders who prefer staggered entries and exits, including those seeking to increase their exposure when prices decline or cash out when prices go up. Market participants can also adjust order quantities across different price levels to match their preferred approach to building or reducing positions. After submission, traders can monitor and manage each order separately, making it easier to tune their actions without disrupting their broader trading strategy. The new feature expands Toobit’s recent futures upgrades, which include separate isolated margin mode for managing multiple positions, as well as one-cli...