A Stop Order is a Market Buy or Sell Order that is triggered once a cryptocurrency hits an exact price. The disadvantage like any Market Order, is that you cannot fully guarantee the exact price of the executed order, but you can ensure that it is executed once the price trigger has been met.

Desktop

Login to https://ndax.io/
Once you log in you will be redirected to your dashboard
Click TRADE on the left-hand side of the screen
On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen
Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD pair.
Click on STOP
Enter ORDER SIZE
Enter STOP PRICE (the specified price when the order will turn into a market or limit order)
Click PLACE BUY/SELL ORDER

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Mobile Website

Login to NDAX
Click the NDAX SYMBOL on the top left-hand corner
Click TRADE from the dropdown menu
On the trade page, click BUY (Green button) or SELL (Red Button) at the bottom of the screen
Click the small GREY ARROW on the upper left corner and select the BTC/CAD pair
Select STOP
Enter STOP PRICE (the specified price when the order will turn into a market or limit order)
Click PLACE BUY/SELL ORDER




To learn more about Stop Orders, check out our blog:
Advanced Trading: Bitcoin Stop Orders

Other order types:
Limit order
Stop limit order
Trailing stop limit order
Trailing stop market order
Fill or kill order
Reserve/iceberg order
IOC order
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