Trigger orders are powerful tools in cryptocurrency trading that allow traders to automate trading strategies based on predefined conditions. By setting a trigger price or trigger time, traders are able to execute trades when specific criteria are met, even when not actively monitoring the markets.
Step 1: Browse a wide range of products on the [Market] page.
Step 2: Tapping on any symbol will take you to the order screen.
Step 3: To use a conditional market order, click on the order type drop down button and choose [Trigger order].
Step 4: Choose which type of trigger order you would like to use.
Step 5: Enter the desired trigger price or trigger time, position size and leverage.
Note: Flipster currently supports conditional market orders and limit orders. Other conditional order types, such as stop-limit orders, are currently unavailable.
Risk Warning:
Trading in cryptocurrency involves risk and potential losses. Before trading, please make your investment decisions cautiously by considering your investment objectives, experience, and risk tolerance. You are solely responsible for your investment decisions, and Flipster is not liable for any losses you may incur. Derivatives trading, in particular, is subject to high market risk and price volatility. Please obtain independent advice where appropriate. This information should not be construed as financial or investment advice.