Stop Order

Introduction

A stop order is an order to buy or sell the specified amount of cryptos at the last traded price or pre-specified limit price once the order has traded at or through a pre-specified stopPrice. The order will be executed by the highest price first. For orders of the same price, the order will be executed in time priority.

stop: 'loss': Triggers when the last trade price changes to a value at or below the stopPrice.

stop: 'entry': Triggers when the last trade price changes to a value at or above the stopPrice.

The last trade can be found in the latest Match Execution Data. Note that not all match messages may be received due to dropped messages.

The last trade price is the last price at which an order was filled. This price can be found in the latest match message. Note that not all match messages may be received due to dropped messages.

Note that when triggered, stop orders execute as either market or limit orders, depending on the type.

When placing a stop loss order, the system will not pre-freeze the assets in your account for the order. When you are going to place a stop market order, we recommend you to specify the funds for the order when trading.