How to place a Stop Order?

Placing a Stop Order allows you to ensure that an asset you own is sold to prevent loss (commonly referred to as a “stop loss”), but it can also be used when buying. The order will be executed at your target price or slightly lower (when selling) or slightly higher (when buying), depending on how quickly the market moves. Here’s how to set up a Stop Order:

1. Tap on the ‘Prices’ tab at the bottom of the screen.
2. Choose your desired asset.
3. Select ‘Buy’ or ‘Sell.’
4. In the upper-right corner of the screen, tap on ‘Market Order’ and select ‘Stop Order’.
5. Read the brief explanation of the Stop Order.
6. Specify the maximum price per coin that you’re willing to buy or sell at.
7. Enter the amount you would like to buy or sell, then preview and confirm your order.

Creating a Stop Order will immediately lock your balance for the amount of that order. You can still view how much of a particular asset (including Euros) you own from your portfolio screen. However, you cannot invest that balance until the Stop Order is canceled or completed.

If you have any further questions, please contact our Customer Care team through the app or email us at support@changeinvest.com.