6 Ways to Trade Crypto
Every month should start like this! At the beginning of July, BitBay managed to secure its top position as the crypto — fiat exchange offering the broadest range of orders types among the market competitors, even surpassing the Binance exchange. The most popular order types available among the exchanges are Limit and Market. As basic as they are, they offer a necessary possibility to buy or sell digital assets.
On the 8th of July new function landed in BitBay’s PRO mode. By many users called a “must-have”. Stop market and stop limit orders are finally available on BitBay!
Stop orders allow setting the price level at which order is activated, thus securing user from possible loss.
After implementing this option, BitBay has six order types:
- buy limit and sell limit,
- buy market and sell market,
- buy fill or kill and sell fill or kill — The purpose of this order is to ensure that a position is entered instantly at the specific price. Fill or kill is a limit order which must be filled immediately and entirely. Otherwise, it is cancelled.
- buy Immediate or cancel and sell immediate or cancel — Works similarly to fill or kill order. The difference is that IOC allows to a partial realisation of the order.
- buy stop limit and sell stop limit,
- buy stop market and sell stop market.
At this point, BitBay takes the lead in the race for the most advanced tool-set dedicated to cryptocurrency traders.
