Similarly to a stop-limit order, a stop-market order uses a stop price as a trigger. However, when the stop price is reached, it triggers a market order instead.
Attention: Due to extreme market movements, the executed price of market order may be lower/higher than the last traded price that user may have seen, user needs to pay attention to the market depth and price fluctuations.
How to place a Stop-Market order on Coins Pro?
1. On the Coins Pro page, select the Stop-Limit Order tab.
on the Coins website
on the Coins app
2. Before placing a stop-market order, you need to choose the stop price that triggers the market order. The stop price that triggers the market order is the “Last Price” on the market.
3. Enter “Trigger Price” and “Total”, then click BUY to place your stop-market buy order; enter “Trigger Price” and “Amount”, and click SELL to place your stop-market sell order
How to view my Stop- market order history?
You can view your open orders under [Open Order]. To cancel an order, click the Cancel icon directly.
You can check your filled orders under [Order History], click the plus (+) button on the left to view the Executed Price of each trade.
On the Coins.ph app, both [Open Order] and [Order History] are accessible at the upper-left section of the Coins Pro page.