What is an order?
Let’s assume, that you are in charge of a huge crypto trading department. Trade order is basically a task for a manager, which involves an instruction set of strategies on how to buy and sell cryptocurrency. Rules for strategy can be complex or simple, depending on what exchange you pursue. Fumgo can offer a classical trade order scheme, where you set an accurate price for exchange and trailing trade order, where you can specify a deviation percentage during the exchange. Conditional orders, for example, support an infinite amount of turns of strategical cryptocurrency exchange cycles. You can drop 15% of your wallet on each point and leave with the rest of the coins, setting deviation rules for trading by predicting coin behavior.Was this helpful?
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Questions in this section
- Can I cancel my order?
- What happens with my order if there is external error (no response from exchange, delisting of coins, server error etc.)?
- Order’s status
- What is a Trailing sell?
- What is a Trailing buy?
- What is a Traling Take Profit?
- What is a Trailing Stop Loss?
- What is a Take Profit order?
- What is a Conditional order?
- What is a Stop Loss order?