#SouthKoreaCryptoPolicy -limit orders, where you set a stop price to limit potential losses on a trade.
* OCO (One Cancels the Other) Order: This allows you to place two orders simultaneously. If one order is executed, the other is automatically canceled. This is useful for combining a profit-taking limit order with a stop-loss order.
4. Executing a Trade
Here's a general step-by-step for executing a trade:
* Select a Trading Pair: Choose the cryptocurrency pair you want to trade (e.g., BTC/USDT).
* Choose Order Type: Decide whether you want to use a market order, limit order, or another type.
* Enter Amount: Specify how much of the cryptocurrency you want to buy or sell.
* Set Price (for Limit/Stop orders): If using a limit or stop order, enter your desired price.
* Place Order: Click "Buy" or "Sell."
* Confirm: Review your order details and confirm.
5. Managing Your Trades and Portfolio
* Open Orders: You can view and cancel your active limit or stop orders that haven't been filled yet.
* Order History: Review all your past executed and canceled