Stop
A stop-market order is a placed standing order to sell or buy a coin if the price reaches a certain level.
It is meant to protect trader from loss if the market moves too far in the wrong direction.
Stop market order can be orders either to buy or sell, but no action takes place unless the price hits that trigger. When the price is reached, the stop order becomes a market order.
This order is often named Stop Loss order.
Smart algorithmic orders, available on all exchanges in one interface
Stop
A stop-market order is a placed standing order to sell or buy a coin if the price reaches a certain level.
It is meant to protect trader from loss if the market moves too far in the wrong direction.
Stop market order can be orders either to buy or sell, but no action takes place unless the price hits that trigger. When the price is reached, the stop order becomes a market order.
This order is often named Stop Loss order.
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Ensures you do not miss a profit at times when you can’t closely watch your trades
When the price falls, the system closes the transaction automatically
The feature that will follow the price and move your open order accordingly
Pair of trading orders, connected with a conditional link
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FAQ
No, Bitsgap’s mission is to bring cutting edge trading automations like smart orders, trading bots, and portfolio management tools to as many crypto traders and investors as possible. You can connect up to 15+ different exchanges and manage your assets on all of them via one powerful interface.
Bitsgap trading automations work seamlessly on all connected exchanges. Even if your exchange’s original trading interface does not support smart orders, SL/TP, Trailing, OCO, TWAP or other smart trading features, you will be able to use them after connecting your exchange to Bitsgap via API.
Absolutely not! One of the key principles of Bitsgap is that you are always in control of your assets and they always remain on the exchange. The trading platform is a powerful tool to manage your investments. Bitsgap will never ask you to withdraw or store your assets outside your exchange’s account.
As an extra security measure, using API keys with withdrawal permissions is restricted, which eliminates the possibility to take anything from your balance.