How can I set up a stop loss order on Bittrex to minimize potential losses in the volatile cryptocurrency market?

1 answers

• Ritchie SalehMay 20, 2024 · a year ago
  Setting up a stop loss order on Bittrex is crucial in the volatile cryptocurrency market. Here's how you can do it: 1. Log in to your Bittrex account. 2. Navigate to the 'Markets' page. 3. Select the cryptocurrency pair you want to trade. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price and the limit price. 6. Specify the quantity of the cryptocurrency you want to sell. 7. Press the 'Sell' button to place your stop loss order. That's it! Your stop loss order is now set up on Bittrex. It will automatically trigger if the price drops to or below your specified stop price, helping you minimize potential losses.
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