A Stop order helps you limit losses by automatically selling an asset when its price falls to a certain level (often called a "stop loss"), but it can also be used to buy at a specified price. The order will be executed at your target price or slightly lower (when selling) or slightly higher (when buying), depending on how fast the market moves.
How to set up a Stop order:
- Tap the Prices tab at the bottom of the screen.
- Select the asset you want to trade.
- Choose Buy or Sell.
- Tap Market order in the upper-right corner and select Stop Order.
- Read the brief explanation of the Stop Order.
- Enter the trigger price per coin at which you want the order to execute.
- Specify the amount you want to trade, then preview and confirm your order.
Once created, the Stop order will immediately lock the required balance. You can still view your full asset and Euro balance in your portfolio, but the locked amount can’t be used for other trades until the Stop order is either completed or canceled.
If you have any questions, please contact our support team through the app or email us at support@changeinvest.com.
Comments
0 comments
Please sign in to leave a comment.