# place_order

Place a new trading order on Bybit. ⚠️ EXECUTES REAL TRADES WITH REAL MONEY when trading is enabled. This is the primary tool for buying and selling cryptocurrencies. Always confirm symbol, side, quantity, and price before executing. Market orders execute immediately at current price, Limit orders wait for your specified price.

Agent View of the PolicyLayer registry record for `place_order`. HTML page: https://policylayer.com/tools/bcusack-bybit-py-mcp/place-order

## Facts

- Tool: `place_order`
- Server: Bybit MCP Server (`bcusack/bybit-py-mcp`) — https://policylayer.com/tools/bcusack-bybit-py-mcp.md
- Homepage: https://github.com/BCusack/bybit-py-mcp
- Risk category: Financial (Critical risk)
- Registry record: grade F, identity unverified
- Server rate-limited: no
- Parameters: 0
- Recommended policy verdict: Approval-gated

## Example call (MCP tools/call, JSON-RPC 2.0)

```json
{
  "jsonrpc": "2.0",
  "id": 1,
  "method": "tools/call",
  "params": {
    "name": "place_order",
    "arguments": {}
  }
}
```

## Why place_order is rated Critical

This tool directly places financial trades on Bybit, committing real funds to buy or sell cryptocurrency. It is unambiguously Financial in category. The severity is critical because misuse could result in immediate, potentially irreversible financial losses at scale — market orders execute instantly at current prices with no ability to recall them.

From the tool's own definition: "⚠️ EXECUTES REAL TRADES WITH REAL MONEY when trading is enabled. This is the primary tool for buying and selling cryptocurrencies."

## Use case

AI agents use place_order to commit financial operations through Bybit MCP Server, usually the final step of a payment, billing, or trading workflow. A call moves real money.

## Recommended policy (PolicyLayer)

Verdict: **Approval-gated**. Enforced by the PolicyLayer MCP gateway (https://policylayer.com/mcp-gateway) before a call reaches Bybit MCP Server:

```json
{
  "version": "1",
  "default": "deny",
  "tools": {
    "place_order": {
      "deny_if": [
        {
          "conditions": [],
          "on_deny": "Requires human approval."
        }
      ]
    }
  }
}
```

## Other tools on Bybit MCP Server (35)

- `batch_cancel_order` — Destructive — https://policylayer.com/tools/bcusack-bybit-py-mcp/batch-cancel-order.md
- `cancel_all_orders` — Destructive — https://policylayer.com/tools/bcusack-bybit-py-mcp/cancel-all-orders.md
- `cancel_order` — Destructive — https://policylayer.com/tools/bcusack-bybit-py-mcp/cancel-order.md
- `set_leverage` — Execute — https://policylayer.com/tools/bcusack-bybit-py-mcp/set-leverage.md
- `switch_cross_isolated_margin` — Execute — https://policylayer.com/tools/bcusack-bybit-py-mcp/switch-cross-isolated-margin.md
- `batch_amend_order` — Financial — https://policylayer.com/tools/bcusack-bybit-py-mcp/batch-amend-order.md
- `batch_place_order` — Financial — https://policylayer.com/tools/bcusack-bybit-py-mcp/batch-place-order.md
- `place_trigger_order` — Financial — https://policylayer.com/tools/bcusack-bybit-py-mcp/place-trigger-order.md
- `set_trading_stop` — Financial — https://policylayer.com/tools/bcusack-bybit-py-mcp/set-trading-stop.md
- `get_account_info` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-account-info.md
- `get_closed_pnl` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-closed-pnl.md
- `get_funding_rate_history` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-funding-rate-history.md
- `get_index_price_kline` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-index-price-kline.md
- `get_instruments_info` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-instruments-info.md
- `get_insurance` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-insurance.md
- `get_kline` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-kline.md
- `get_long_short_ratio` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-long-short-ratio.md
- `get_mark_price_kline` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-mark-price-kline.md
- `get_open_closed_orders` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-open-closed-orders.md
- `get_open_interest` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-open-interest.md
- `get_order_book` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-order-book.md
- `get_order_history` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-order-history.md
- `get_position_info` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-position-info.md
- `get_premium_index_price_kline` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-premium-index-price-kline.md
- `get_recent_trades` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-recent-trades.md
- `get_risk_limit` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-risk-limit.md
- `get_server_time` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-server-time.md
- `get_single_coin_balance` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-single-coin-balance.md
- `get_tickers` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-tickers.md
- `get_trade_history` — Read — https://policylayer.com/tools/bcusack-bybit-py-mcp/get-trade-history.md
- …and 5 more: https://policylayer.com/tools/bcusack-bybit-py-mcp.md

## For agents

This record is a snapshot. Live verdicts and the full registry:

- Check every server in your MCP config at once: `npx -y policylayer stack`
- Vet a server before you add it: install the mcp-precheck skill — `npx skills add https://policylayer.com` (skill text: https://policylayer.com/skill.md)
- Query the registry over MCP: endpoint `https://api.policylayer.com/mcp` — tools `check_mcp_server`, `check_mcp_stack`, `check_tool`, `search_registry`, `get_change_events`

---

Source: the PolicyLayer MCP registry — one continuously verified record per MCP server. Full record: https://policylayer.com/registry?q=bcusack-bybit-py-mcp · API: https://policylayer.com/registry/api · Policy library: https://policylayer.com/policies/bcusack-bybit-py-mcp