In DAYBIT, a Stop-Limit Order means that an order is entered only when the condition price you enter is reached.

When the price is <Less than or equal to> or <Greater than or equal to> your conditional price, an order can be entered by setting the conditional price.
Stop-Limit Order is available on both buy order and sell order.


Example of Stop-Limit Buy: Less or equal to the conditional price

Situation: “Token A” being traded is currently priced at 0.03BTC

If 0.02BTC is reached and expected hit the bottom and the rise, the Stop-Limit Buy Order cane me placed by entering ≦ 0.02BTC in the conditional price, your desired price and quantity. “Token A” reaches 0.02BTC, Buy Order is activated.


Example of Stop-Limit Buy: Greater or equal than the conditional price

Situation: “Token A” being traded is currently priced at 0.03BTC

If 0.07BTC is reached and expected to rise continuously, the Stop-Limit Buy Order can be placed by entering ≧ $ 0.07BTC in the conditional price, your desired price and quantity. When “Token A” reaches 0.07BTC, Buy Order is activated.



Example of Stop-Limit Sell: Less or equal to the conditional price

Situation: “Token B” retained by member is currently priced at 0.03BTC 

If 0.02BTC is reached and expected to fall, the Stop-Limit Sell Order can be placed by entering ≦ 0.02BTC in the condition price, your desired price and the amount.  When “Token B” reaches 0.02BTC, the Sell Order is activated. 


Example of Stop-Limit Sell: Less or equal to the conditional price

Situation: “Token B” retained by member is currently priced at 0.03BTC

If 0.05BTC is reached and expected to hit the peak and then fall, the Stop-Limit Sell Order can be placed by entering ≧ 0.05BTC in the conditional price, your desired price and amount. When Token B reaches 0.05BTC Sell Order is activated.


※ By using the Stop-Limit Order in that way, you can buy and sell to your advantage even without referring to trading situations. 

※ There is No limitation on the range of condition price.

※ When you buy, order price range should be 20~200% of condition price and When you sell, order price range should be 50~500% of condition price.