What are Conditional Orders?
What is a Conditional Order?
Conditional Orders allow you to buy and sell cryptocurrencies at your preferred prices.
Simply set your price criteria to buy or sell an asset ahead of time, and Coinstash will execute the trade once your conditions are met.
Conditional Orders give you greater control over your trading strategy as they allow you to automate your trades without having to constantly monitor the market. They can be a powerful tool to help you limit your losses and protect your gains when investing in cryptocurrencies.
We have 4 different conditional order types:
Buy Limit Order
Buy Stop Order
Stop Loss Order
Take Profit Order
How long do my orders stay live?
Your orders will remain open until the market conditions allow them to execute. If the order hasn't been executed, you can cancel the order via your Order History, at any time, for free.
How can I cancel an order?
Here's a guide on how to cancel a Conditional Order through a web browser:
After logging in, you'll arrive at your account dashboard. Look for "Portfolio" option in the navigation menu.
Go to "Orders". This section should provide a list of the orders you've placed, along with their details.
Find the specific conditional order you wish to cancel from the list of open orders. It should show information about the order's condition, trigger value, quantity, and other relevant details.
After confirming the cancellation, the conditional order should disappear from your list of active orders. It will no longer be pending in the system.
What happens when my order is executed?
Once your trade conditions are met and your order is executed, you will receive an email notification informing you of order completion.
Updated on: 10/08/2023