Stop-Limit & Stop-Loss Orders Now Available on the Crypto.com Exchange
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:
* Stop Limit
* Stop Loss
* Take Profit Market
* Take Profit Limit
For more information on our v2 API, refer to our [documentation](https://exchange-docs.crypto.com/).
**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](http://help.crypto.com/en/articles/4451025-how-to-use-advanced-order-types) for more information.
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