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CRO · 6d

Stop-Limit & Stop-Loss Orders Now Available on the Crypto.com Exchange

​ https://preview.redd.it/uexjcuqa6on51.png?width=1201&format=png&auto=webp&s=cc745d3d081fcbe5c43ebb12a82d995d4baab92c 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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