We are pleased to announce the release of four additional order types on the Crypto.com Exchange. These new order types will allow advanced traders to trade more efficiently, cost-effectively and lower risk on trades. Now available on the web trading interface and on the v2 API:
- Take-Profit Market
- Take-Profit Limit
For more information on our v2 API, refer to our documentation.
What is a Stop-Limit Order?
A stop-limit order triggers a limit order once the stop price that is set has been triggered. This is commonly used to mitigate risk or to secure profits at a specific limit price.
What is a Stop-Loss Order?
A stop-loss order triggers a market order once the stop price that is set has been triggered. These orders are designed to quickly limit a trader’s loss or help secure profits ensuring the order gets fulfilled immediately at the best available market price.
To simplify your trading experience on the web interface, take-profit orders are combined together in the stop-limit and stop-loss trading options.
Please refer to our Help Centre for more information.