What is a buy stop order in trading?
A buy stop order is an order that is executed when the price rises to a specified level or higher. Traders use it expecting the upward movement to continue.
What is a sell stop order in trading?
A sell stop order is an order that is executed when the price falls to a specified level or lower. Traders use it expecting the downward movement to continue.
What is a ticker in cryptocurrencies?
A ticker is a short alphabetic code that uniquely denotes a cryptocurrency or trading instrument on an exchange. It replaces the full name and simplifies searching, quotes and trade execution.
What is slippage on an exchange?
Slippage is the difference between the expected and the actual execution price of an order on a cryptocurrency exchange. It arises from market movement and a lack of liquidity.
What is an exchanger (Exchange) in cryptocurrencies?
An exchanger is a service for exchanging one form of money for another. In the crypto space exchangers are most often used to exchange cryptocurrency for fiat money and back.
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