What are stop-loss and take-profit orders in crypto?

1. After you open a position, select the TP/SL button. The panel shows your entry price and estimated liquidation price.
   Note: don't set your stop-loss too close to the estimated liquidation price.

   

   Select TP/SL

2. Start on the Partial Position tab. Drag the take-profit slider to set your target percentage. Our platform will then calculate the trigger price and display the estimated P&L before you confirm.

   

   Set your target percentage via take-profit slider

3. Scroll to Stop Loss. Drag the slider to set your stop-loss level. If the trigger price is reached, a closing order will be placed in accordance with your selected settings. Select Limit Order if you want to set a limit price for the exit.

   

   Set your stop-loss level and select Limit order

4. Switch to the Entire Position to apply take-profit and stop-loss settings to the full position. Review your take-profit and stop-loss triggers, check the estimated P&L shown for each, then select Confirm.

   

   Select Entire position

Your take-profit and stop-loss settings are now active and, if triggered, will execute automatically in accordance with your selected settings. Derivatives involve a significant risk of loss. Risk tools may help manage exposure, but they do not eliminate risk. This information is general in nature and is not investment advice.

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