How to Set a Stop-Loss Order on BitTap
A stop-loss order is a protective measure that helps you automatically sell your cryptocurrency when the market price reaches a specific level, limiting potential losses. Here’s a step-by-step guide on how to set a stop-loss order on BitTap: 1. Log In to Your BitTap Account · Open your browser, visit the official BitTap website (e.g., www.bittap.com ), and log in using your account credentials. 2. Go to the Trading Page · After logging in, click on the “Trade” or “Markets” option on the page to access the trading page. · On the market page, select the trading pair for the cryptocurrency you hold, such as BTC/USDT. 3. Choose the Stop-Loss Order Type · In the trading interface, find the “Stop-Loss Order” or “Stop-Limit Order” option. BitTap may offer the following types of stop-loss orders: o Stop-Market Order : When the market price reaches or falls below the stop price, the system will sell your assets at the current market price immediately. o Stop-Limit Order : When the market price ...