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13 Nov 2022

What is a stop-loss?

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What is a stop-loss?
A stop-loss order is a risk-management tool that automatically sells a coin once it reaches a certain price.
It is designed to limit losses in case the coin drops below a pre set price level.

Why should you use it?
The crypto market is very volatile. It is not uncommon to experience a sudden market fall back or crash. 
Every trade should have a stop-loss without any exceptions. It's better to be safe then sorry.

How do i set this up?
Using a stop-loss is pretty easy. In case you never used it, you can reach out to our team or join the Telegram chat via the user dashboard and we'll be more then happy to assists you along the way.

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