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Are there any specific steps to follow when adding a stop on Bitmex for my digital currency trades?

avatarJanus LimDec 27, 2021 · 3 years ago3 answers

Can you provide me with the specific steps to follow when adding a stop on Bitmex for my digital currency trades?

Are there any specific steps to follow when adding a stop on Bitmex for my digital currency trades?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here are the steps to add a stop on Bitmex for your digital currency trades: 1. Log in to your Bitmex account. 2. Navigate to the 'Trade' tab. 3. Select the digital currency pair you want to trade. 4. Click on the 'Stop' button. 5. Enter the stop price at which you want your order to be triggered. 6. Choose the order quantity. 7. Set the order type to 'Stop Market' or 'Stop Limit' depending on your preference. 8. Review the order details and click on the 'Submit' button to place the stop order. Remember to double-check all the details before submitting the order to ensure accuracy.
  • avatarDec 27, 2021 · 3 years ago
    Adding a stop on Bitmex for your digital currency trades is easy! Just follow these steps: 1. Log in to your Bitmex account. 2. Go to the 'Trade' section. 3. Select the digital currency pair you want to trade. 4. Click on the 'Stop' option. 5. Enter the stop price. 6. Choose the order quantity. 7. Set the order type to 'Stop Market' or 'Stop Limit'. 8. Review the order details and click on the 'Submit' button. That's it! Your stop order will be placed and executed when the stop price is reached.
  • avatarDec 27, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide to adding a stop on Bitmex for your digital currency trades: 1. Log in to your Bitmex account. 2. Locate the 'Trade' tab and click on it. 3. Choose the digital currency pair you wish to trade. 4. Look for the 'Stop' option and click on it. 5. Enter the stop price that will trigger your order. 6. Specify the order quantity. 7. Select the order type as either 'Stop Market' or 'Stop Limit'. 8. Review the order details and click on the 'Submit' button to finalize the stop order. Make sure to verify all the information before submitting the order to avoid any mistakes.