How to Set a Stop Loss on this crypto exchange (2026 Step-by-Step Guide)
A stop loss is one of the most important risk-management tools on this crypto exchange. It automatically closes a position when the price moves against you, capping your downside. This 2026 guide explains the stop-loss order types on this crypto exchange and shows you exactly how to set one for spot and futures.
What is a stop loss?
A stop loss is a conditional order: you set a trigger price, and when the market reaches it, this crypto exchange sends a buy or sell order to exit your position. It removes emotion from exiting losing trades and is essential for leveraged futures where losses can mount quickly.
Stop-loss order types on this crypto exchange
| Type | How it works | Best for |
|---|---|---|
| Stop-market | Triggers a market order at the stop price; fills immediately | Guaranteed exit; volatile markets |
| Stop-limit | Triggers a limit order at a set price; may not fill | Controlling exact exit price; low-volatility pairs |
| Trailing stop | Stop price trails the market by a % or amount | Locking in profit on trends |
How to set a stop loss (spot)
- Open the spot trading page for your pair on this crypto exchange.
- Hold the asset you want to protect (e.g. you own BTC and want to limit downside).
- In the order panel, switch to the Stop-Limit or Stop-Market tab.
- Enter the trigger (stop) price — e.g. 5% below your entry.
- For a stop-limit, enter the limit price slightly below the trigger to improve fill odds.
- Enter the quantity, confirm the order, and it will sit as an open conditional order until triggered or cancelled.
How to set a stop loss (futures)
In futures, stop loss is even more important because leverage amplifies losses. On this crypto exchange futures:
- Open the futures trading interface and select your position.
- Use the TP/SL (Take Profit / Stop Loss) panel, either when opening the position or afterwards.
- Set the stop-loss price based on your risk per trade (a common rule: risk no more than 1-2%% of your account per position).
- Optionally combine with a trailing stop to let winners run.
- Confirm. The stop loss stays active even if you log out.
Worked example
Suppose you buy 1 BTC at $60,000 and want to limit losses to 5%. You set a stop-market sell at $57,000. If BTC drops to $57,000, this crypto exchange market-sells your 1 BTC immediately, capping your loss near 5% (plus slippage and fees). Without the stop, a sudden crash could cost far more.
Risk-management best practices
- Decide your stop level before entering the trade, not after.
- Size positions so a stop-out risks only a small fixed % of your account.
- Avoid moving stops further away when a trade goes against you.
- Prefer stop-market for fast markets to guarantee an exit.
- Combine stop loss with take-profit for a defined risk/reward plan.
What is the difference between stop-market and stop-limit on this crypto exchange?
A stop-market order triggers a market buy/sell once the trigger price is hit, guaranteeing execution but not price. A stop-limit order sends a limit order after the trigger, controlling price but risking no fill in fast markets.
Does a stop loss guarantee I won't lose money on this crypto exchange?
No. A stop-market loss can suffer slippage during extreme volatility, and a stop-limit may not fill at all. Stop losses manage risk; they do not eliminate it. Always size positions responsibly.
Can I set a trailing stop loss on this crypto exchange?
Yes. this crypto exchange offers trailing stop orders on futures and selected spot markets. A trailing stop moves with the price by a set percentage or amount, locking in profit while capping downside.
Should I use stop loss for spot or futures on this crypto exchange?
Stop losses are useful for both. They are especially important in leveraged futures trading, where adverse moves can liquidate your position. For spot, stops help protect against sharp downtrends while you hold long term.
Ready to start trading?
Compare leading exchanges and start trading Bitcoin and top cryptocurrencies.
Find the right exchange for you