How to use stop limit function on DeltaExchange?
Delta Exchange is an easiest way to buy , cell and store currencies.
With a simple onboarding process and fast customer support, you can easily start trading with us right away.
- To avoid unnecessary losses on cryptocurrency trading, it can be a very good idea to set a Stop-Limit order on the exchange you're trading on.
What is a stop limit order?
A Stop-Limit order will let you create a certain order which will only trigger when a certain price is met.
Suppose you have recently bought a new currency and its price go up by 30% , you want to earn some profit. In this situation you can use stop limit as a order type.
Follow this steps on DeltaExchange
You need to login on Delta Exchange. Go to the login panel. After login go to the trade
- Select stop function from order type drop down list.
- Set stop and price and enter the amount
- Click on buy button
Benefits of Stop Limit Function:
- If you are using stop limit order you will earn more profits.
- Cutting your losses
- It is automatic process, no need to watch market at all time it will save your time.