Types of Orders Supported

BitX Global Exchange offers a variety of order types to cater to diverse trading strategies, ensuring flexibility and control for users:

  • Market Orders: Execute trades instantly at the current market price, ideal for users prioritizing speed.

  • Limit Orders: Allow users to set a specific price for buying or selling, ensuring trades occur only at desired levels.

  • Stop-Loss Orders: Automatically trigger a sale when the price reaches a predefined level, minimizing potential losses.

  • Take-Profit Orders: Lock in gains by automatically selling when a target price is reached.

  • Trailing Stop Orders: Adjust dynamically to price movements, enabling users to maximize profits while managing risk.

These order types empower traders with precision, ensuring adaptability in volatile markets.

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