Trigger orders are conditional crypto orders that activate only when the market hits a preset “trigger price.”
The exchange will automatically submit your actual buy or sell order, giving you total control over your take-profit or stop-loss strategies without constant monitoring.
To activate a Trigger Order, simply initiate an exchange between the two pairs you wish to set the trigger for.
- When you open the app, simply tap on “Exchange” > Trigger Orders
- Alternatively, if you are already on the Instant Exchange menu, tap on “Instant Exchange” option to reveal and choose the “Trigger Order” option.
- Confirm the pair you want to set the trigger order for.
- Under the pair, you will see the “Add” button to set your Trigger Price.
- Use the handles to adjust the trigger prices along the chart.
NOTE: The default trigger is the SELL trigger. If you want to set a BUY trigger, tap on the green arrows to swap the pair. You will recognise the BUY trigger by having only one trigger price, instead of two.
- You can also set the price via pin pad if you tap on the “edit” icon beside the price:
- Once you have set your orders, tap on “Done” and then on “Save”. You will find your saved trigger orders in the “Open Orders” section present in the Portfolio page:
Congratulations! Your trigger order is set and it will trigger when your chosen token hits the programmed price. The order will be executed at the best available market price as a spot order, subject to any liquidity constraints, volatility and other market conditions.