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Bitget Launches “Trigger Order” Function on Spot Market

Bitget Global Users,

To provide a better trading experience for our users, Bitget has launched the Trigger Order function on the Spot Market. Details are as follows:

 

Trigger Order refers to a pre-set order where users can set an order price and triggering factor. Once the last price is reached, it triggers the preset order

Trigger Order is a tool that can provide you convenience when trading. With upfront pre-set orders, users could easily secure their profits or stop the losses without the hassle of monitoring the market all the time. 

 

Definition:

Trigger price: When the asset’s price reaches the given Trigger Price, the order is executed to buy or sell the asset at the given limit price or better.

Buying Price or Selling Price: The selected (or potentially better) price that the Trigger Order is executed at.

Quantity: The quantity of assets to buy or sell in the Trigger Order.

Click here for more information on Trigger Order

 

Disclaimer

Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their own research and invest at their own risk.

 

Bitget Team

January 20, 2022

 

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