Stop-loss Order
By gianpal_photo | Updated on Aug 12, 2021
Designed to protect traders from loss, the stop loss order is an order that converts a limit order to a market order when the price of the asset falls below certain threshold.
Related Terms
Degen
Cryptotrading without Due Diligence and research - basically gambling
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
Cryptocurrency
A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting
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