CoinEX Cryptocurrency Exchange Adds Stop-Limit Trading Feature
To guarantee trading efficiency, CoinEx added a new feature - Stop-Limit on August 16th, 2018 (UTC).
What is "Stop-Limit" Stop-Limit Order: Users can set a Stop price and a Limit price in advance. Once the stop price is reached, the limit order will be automatically placed at the Limit price set.
How to place a "Stop-Limit" order For a "Stop-Limit" order, we will mark "The current market price" as A and "Stop price" as B. In this case:
1. Buying: Make sure the triggered price is HIGHER than current price, i.e. B > A. 2. Selling: Make sure the triggered price is LOWER than current price, i.e. B < A. Once the stop price is reached, the limit order will be automatically placed at the Limit price set.
About CoinEx: With its proprietary trade matching system and excellent user experience, CoinEx is dedicated to building a highly secure, stable and efficient digital coin exchange for global users. CoinEx now supports multiple languages and is providing global trading services in nearly 100 countries/regions. CET is CoinEx’s native virtual token that is distributed in accordance with their trade-driven mining model; a disruptive customer offering that has arisen as a competitive force targeting market incumbents like Binance.
About CoinEx Token (CET): CoinEx Token (CET) is an official value-added services and privileges scheme based on CoinEx exchange platform. The token is issued on Ethereum ERC 20 protocol and will be launched on a public CoinEx Chain in the future. The total CET supply is fixed at 10 billion. CET represents exclusive services and privileges on CoinEx.com and can be used in diversified scenarios.
About the writer: Ava Lauren
I write articles related to bitcoin and other cryptocurrencies. Email me
