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How can I add a stop on Bitmex for my cryptocurrency trades?

avatarFred BlokDec 15, 2021 · 3 years ago3 answers

I'm new to Bitmex and I want to know how to add a stop for my cryptocurrency trades. Can someone guide me through the process step by step?

How can I add a stop on Bitmex for my cryptocurrency trades?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure, adding a stop on Bitmex is quite simple. First, log in to your Bitmex account and navigate to the 'Trade' tab. From there, select the cryptocurrency pair you want to trade. On the trading interface, you'll find the 'Stop' option. Click on it and enter the stop price at which you want your trade to be executed. You can also set additional parameters like the quantity and order type. Once you're satisfied with your settings, click on 'Place Order' to add the stop to your trade. Remember to double-check your stop price to ensure it aligns with your trading strategy.
  • avatarDec 15, 2021 · 3 years ago
    Adding a stop on Bitmex is a breeze! Just follow these steps: 1. Log in to your Bitmex account. 2. Go to the 'Trade' tab. 3. Select the cryptocurrency pair you want to trade. 4. Look for the 'Stop' option on the trading interface. 5. Enter the stop price at which you want your trade to be triggered. 6. Set any additional parameters like quantity and order type. 7. Click on 'Place Order' to add the stop to your trade. And voila! Your stop is now set and ready to protect your cryptocurrency trades on Bitmex.
  • avatarDec 15, 2021 · 3 years ago
    Adding a stop on Bitmex is as easy as pie! Here's how you do it: 1. Log in to your Bitmex account. 2. Head over to the 'Trade' tab. 3. Choose the cryptocurrency pair you want to trade. 4. Locate the 'Stop' option on the trading interface. 5. Specify the stop price at which you want your trade to be executed. 6. Customize any additional parameters like quantity and order type. 7. Click on 'Place Order' and you're done! Your stop is now in place to safeguard your cryptocurrency trades on Bitmex. Happy trading!