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.
Last updated