Stop price vs limit price crypto

stop price vs limit price crypto

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You could place a stop-limit order to sell the shares.

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Binance Stop Limit Order Tutorial (Binance Stop Loss)
Therefore, a stop-limit order involves two prices: the stop price - which will convert the order to a buy or sell order - and the limit price - the maximum. Limit orders focus on controlling the execution price, while stop orders serve as triggers for market orders when a specified price is reached. The stop price is based on the best available price � not necessarily the price you set. The limit price adds an extra control by setting a more precise price.
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How to buy cryptocurrency with usd on bittrex

The price of a stop-loss order is not guaranteed, as the contract may execute below the stop-loss price. Investors that want to minimize the potential loss on their stocks can place a stop-loss order to mitigate investment risk. Trust and Safety.