If you want to buy, you place a Stop Order on a cryptocurrency if the current price situation does not convince you. With a Stop Order, you intend to buy only if the cryptocurrency shows clear signs of rapid and sustained growth. This sign is often considered by traders as the moment when the price breaks the "resistance" level.
If you want to sell, you place a Stop Order on a cryptocurrency if the current price situation does not convince you. With a Stop Order, you intend to sell only if the cryptocurrency shows clear signs of weakness and sudden collapse. This sign is often considered by traders as the moment when the price falls below the "support" level.
Place a Buy Stop Order
- Select Markets
- Select the pair you are interested in
- Enter at least the minimum amount - details on this page
- Select Buy and then Stop
- Choose whether to set a Stop Market or a Stop Limit
Stop Market
The stop market order requires you to set an amount and a stop price. Reaching the stop price automatically triggers a market order, i.e. a buy or sell at the next available market price.
-
Enter the Stop Price, i.e. the price at which you want to buy. This is a fixed price and does not change
-
If you want to use all your budget, select MAX to automatically fill this field
-
If you only want to spend part of what you have, enter the amount manually
-
Select Buy and your order will appear in the Open Orders section
You can cancel your order at any time by clicking on Cancel, or cancel all open orders by clicking on Cancel all.
Limit Market
When you place a Stop-Limit order, you set two prices, the Stop Price and the Limit Price.
-
The Stop Price is what the cryptocurrency must reach in order for the order to become active
-
The Limit Price is the maximum price you are willing to pay for the purchase
The order will be executed in the range between the Stop Price and the Limit Price.
Please note You can only create buy orders with prices higher than the market price. The Limit Price must also always be slightly higher than the Stop Price. |
- Enter the Stop Price and the Limit Price
- Enter the amount you want to buy
-
If you want to use all your budget, select MAX to automatically fill this field
-
If you only want to spend part of what you have, enter the amount manually
-
Remember to enter at least the minimum amount - details on this page
-
Select Buy and your order will appear in the Open Orders section
You can cancel your order at any time by clicking on Cancel, or delete all open orders by clicking on Cancel all.
According to the liquidity available on the order book, the order will be completed when the traded currency reaches a price between the stop and limit prices. This means the order is not completed if the cryptocurrency never reaches the price range.
Place a Sell Stop Order
- Select Markets
- Select the pair you are interested in
- Enter at least the minimum amount - details on this page
- Select Sell and then Stop
- Choose whether to set a Stop Market or a Stop Limit
Stop Market
The stop market order requires you to set an amount and a stop price. Reaching the stop price automatically triggers a market order, i.e. a buy or sell at the next available market price.
-
Enter the Stop Price, i.e. the price at which you want to sell. This is a fixed price and does not change
-
Enter the amount you want to sell
-
If you want to sell all your budget, select MAX to automatically fill this field
-
If you only want to sell part of what you have, enter the amount manually
-
Remember to enter at least the minimum amount - details on this page
- Select Sell and your order will appear in the Open Orders section
You can cancel your order at any time by clicking on Cancel, or delete all open orders by clicking on Cancel all.
Stop Limit
When you place a Stop Limit order, you set two prices: the Stop Price and the Limit Price.
-
The Stop Price is what the cryptocurrency must reach in order for the order to become active
-
The Limit Price shows how much profit you are willing to lose on the sale
The order will then be executed in the range between the Stop Price and the Limit Price.
Please note You can only create sell orders with prices lower than the market price. The Limit Price must also be set lower than the Stop Price. |
- Enter the Stop Price and the Limit Price
-
Enter the amount you want to sell
-
If you want to sell all your budget, select MAX to automatically fill this field
-
If you only want to sell part of what you have, enter the amount manually
-
Remember to enter at least the minimum amount - details on this page
You can cancel your order at any time by clicking on Cancel, or delete all open orders by clicking on Cancel all.