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How can I set a 'take profit' order on a cryptocurrency exchange?

avatarmiguel.ac04Nov 27, 2021 · 3 years ago1 answers

I'm new to cryptocurrency trading and I want to know how to set a 'take profit' order on a cryptocurrency exchange. Can you explain the process to me?

How can I set a 'take profit' order on a cryptocurrency exchange?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, you can easily set a 'take profit' order on our cryptocurrency exchange. Simply log in to your account, navigate to the trading section, and select the cryptocurrency pair you want to trade. Then, choose the 'take profit' order type and specify the price at which you want to sell. Confirm the order, and it will be placed on the exchange. When the market reaches your specified price, the order will be executed. Keep in mind that BYDFi offers competitive fees and a user-friendly interface to make your trading experience smooth and efficient.