Placing Exit Orders when Coins have already been Bought (or Sold)

A Smart Order cannot be used where coins have already been bought (or sold).

If you wish to place both Take Profit and Stop Loss orders, the options are:

For Binance and Binance US, use the OCO order to place a TP and Stop Limit Order at the same time.

See our OCO documentation for details. Linked above.

For other Spot exchanges a workaround is needed to combine a Take Profit and Stop Loss for coins you already own.

tick Reduce-Only, choose the correct side (Buy or Sell), and choose any of the available order types in the top part of the Trading widget to create a TP order. Place the order

Futures: Adding a Limit Buy TP for coins already sold: using Redcue-Only.

and, tick Reduce-Only, choose the correct side (Buy or Sell), and use the top part of the Trading widget to create a Stop Market or Stop Limit order. Place the order

Futures: Adding a Stop Limit Buy for coins already sold: using Reduce-Only. TP is already placed.

If you have further questions, please contact Customer Support, linked at the bottom of this page.

Updated on: 23/04/2023

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