Order Types
Choose how you trade and stay in total control
Whales Prediction provides a range of advanced order types designed to meet every trading need, giving you total control over your entry price and execution costs. Whether you need to jump into a market instantly or prefer to wait for the perfect price point, our professional tools ensure you stay in complete command of your strategy.
Market Order
Buy or sell instantly at the best available price. It is the fastest way to trade when you don't want to wait.
Example: You want to take a Yes position on “Fed decreases interest rates by 50+ bps after January 2026 meeting?” right now. You buy at the current market price of 4.5¢ and your trade is finished immediately.
Limit Order
Set your own price and wait for the market to reach it. This is best for getting a specific entry price and saving money. You have total flexibility and can cancel your order at any time before it is filled.
Example: You only want to enter a Yes position on “Fed decreases interest rates by 50+ bps after January 2026 meeting?” if the price is 3¢. You set a Limit Order, and it only fills if someone is willing to sell to you at that exact price.
Split Shares (Advanced)
Split lets you turn $1 USDC into a pair of one "Yes" and one "No" share. It’s a pro move to avoid spreads by creating your own shares at the base cost and then selling the side you don't need.
Example: On the market “Fed decreases interest rates by 50+ bps after January 2026 meeting?”:
Yes share is 4.5¢
No share is 95.7¢
Totaling 100.2¢ (due to the spread or extra market costs).
Instead of paying that extra 0.2¢, you split $1.00 to get both shares for exactly 100¢.
You get your Yes position at 4.3¢.
You can sell the No share later at 95.7¢.
Merge Shares (Advanced)
Merge is a safe exit tool where you combine one Yes and one No share to get $1 USDC back instantly. It helps you cash out safely without worrying about market price drops or extra fees.
Example: You hold both Yes and No shares for the “Fed decreases interest rates by 50+ bps after January 2026 meeting?” event, but now the market is paying only:
4.3¢ for Yes
95.3¢ for No
Totaling 99.6¢.
If you sold them separately, you would lose 0.4¢ to the market spread.
By using Merge, you bypass the low market prices and force the system to give you the full $1.00 USDC back for your pair.
FAQs
What order types are available on Whales Prediction?
Whales Prediction supports Market Orders, Limit Orders, Split Shares, and Merge Shares to give traders full control over execution and cost.
What is a Market Order?
A Market Order buys or sells instantly at the best available price. It is used when speed matters more than price precision.
What is a Limit Order?
A Limit Order lets you set a specific price and wait for the market to reach it. It helps traders control entry price and reduce execution costs.
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