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What is Stop Limit?
Crypto Glossary Definition
An order to buy or sell an asset that combines the features of a stop order and a limit order. Once a stop price is reached, a limit order is placed.
Why Stop Limit Matters
A stop-limit order combines a stop trigger price with a limit execution price — once the stop price is hit, it places a limit order rather than a market order, guaranteeing the execution price but not that the order fills at all if the market moves too fast past the limit.
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