How to set up stop-loss and take-profit orders

Stop-loss and take-profit orders help Bitcoin traders lock in gains and cut losses automatically. They’re essential tools for managing risk in a 24/7, fast-moving market.

Bitcoin and crypto traders can rely on automated orders on their trading platform to limit losses and secure gains.

Stop-loss orders in Bitcoin trading started as manual risk management in the early 2010s. Now, they have become advanced, automated tools on today’s exchanges.

In the algorithm era and bot pestering, proper trading tools like stop-loss and take-profit orders will help you protect your trades.

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