Take Profit / Stop Loss Upgrade on BTCMEX
Take Profit / Stop Loss function has been improved on BTCMEX. Automated TP/SL settings are now live and available while placing the order on our platform. Bitcoin leverage trading has never been easier!
Take Profit
Take Profit: An automatic order to fully or partially close the position at a pre-set price with an acceptable profit.
Stop Loss
Stop Loss: An automatic order to fully or partially close the position at a certain pre-set price better than the Liquidation Price to prevent further loss.
Market Order
Market Order: An instruction to buy or sell “right now” at the market price.
Limit Order
Limit Order: An instruction to buy or sell on an exchange at a specific pre-set price or better.
Time in Force (TIF)
Time in Force: A special instruction used when placing an order to indicate how long it will remain active before it is executed or expires.
Conditional Orders
Conditional Order: An instruction to buy or sell that is executed at a trigger price and is used to take profit, limit loss or open a position at a desired price.
BTCMEX A to Z
BTCMEX is a new cryptocurrency derivatives exchange that strives to offer “Opportunities for everyone” and bring the professionalism of the financial sector to digital asset trading. This article provides a complete overview of the btcmex.com exchange, its core team, vision, the trading platform’s distinctive features, and advantages.