Frequently Asked Question

How to use Stop/Stop Limit Orders?

Last Updated 4 years ago

If you are not sure how to use the Stop/Stop Limit orders then follow this simple step-by-step tutorial below.

Stop Order:

  1. Navigate and log in to chainex.io
  2. Navigate to the Markets page by selecting "Markets" on the top right or by selecting the relevant market from the left-hand sidebar.
  3. Select the "Stop Order" tab above the Buy/Sell order input forms.
  4. Select/enter all the required/desired information necessary for a Stop order to be completed. For more information on the required information, click here.
  5. Click the Buy/Sell button below the input.
  6. Ensure that you are satisfied with the values/information shown on the confirmation loaded.
  7. If you are satisfied, select the "Yes" button on the confirmation.
  8. Once you have clicked "Yes", your Stop order will be placed as a pending order until your Stop amount has been reached.
  9. Once your Stop amount has been reached, your Stop order will be placed as a Market Order.

Stop Limit Order:

  1. Navigate and log in to chainex.io
  2. Navigate to the Markets page by selecting "Markets" on the top right or by selecting the relevant market from the left-hand sidebar.
  3. Select the "Stop Order" tab above the Buy/Sell order input forms.
  4. Select/enter all the required/desired information necessary for a Stop Limit order to be completed. For more information on the required information, click here.
  5. Click the Buy/Sell button below the input.
  6. Ensure that you are satisfied with the values/information shown on the confirmation loaded.
  7. If you are satisfied, select the "Yes" button on the confirmation.
  8. Once you have click "Yes", your Stop Limit order will be placed as a pending order until your Stop amount has been triggered.
  9. Once your Stop amount has been triggered, a Limit Order will be placed in the Order book.

For more information on what is a Stop/Stop Limit order, click here.

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