In cryptocurrency trading, the risks brought by market volatility cannot be ignored. To help users effectively mitigate these risks, Hotcoin offers a Guaranteed Stop Loss feature, ensuring that your positions are executed at your preset price, even during extreme market fluctuations, thereby protecting your assets from slippage. We will delve into the benefits of this feature and how it provides greater security in your trades.

What is the Guaranteed Stop Loss Feature?

The Guaranteed Stop Loss is a tool that helps users manage market volatility. During sudden market changes, traders may face the risk of slippage, where the execution price of a trade deviates significantly from the expected price, resulting in additional losses. The Guaranteed Stop Loss feature ensures that your position is executed at the stop-loss price you set, regardless of market volatility, thus avoiding the risks associated with slippage.

  1. Smarter Risk Management to Protect Every Trade

The highlight of the Guaranteed Stop Loss feature lies in its flexibility and security: when the market price reaches your stop-loss level, the system immediately triggers the trade, ensuring it closes at the expected price, thereby preventing extra losses due to market fluctuations.

  1. Flexible Fees with No Hidden Costs

To reduce users’ financial burden, Hotcoin adopts a pay-as-you-go model. No fees are charged upfront for activating the Guaranteed Stop Loss feature; instead, a reasonable service fee is charged only when the feature is triggered, based on the trade amount. This transparent and fair pricing helps users achieve more precise cost control.

You can set a Guaranteed Stop Loss when opening a position by simply navigating to the Take Profit and Stop Loss interface and enabling “Guaranteed Stop Loss.”

For more details, please refer to the official Hotcoin announcement:
https://www.hotcoin.com/en_US/support/article?id=24508594381787136&code=24417572780118016

How Does Guaranteed Stop Loss Work?

For example, if you open a long position of 1 BTC at 66,500 USDT in the BTC market and a flash crash suddenly occurs, causing the price to drop rapidly to 65,475.5 USDT, without a Guaranteed Stop Loss, your position may execute at an unfavorable price, resulting in unnecessary losses. However, with Guaranteed Stop Loss enabled, your order will always execute at the preset stop-loss price, ensuring your losses are effectively controlled. Different traders have different strategies, so the final results will vary. Traders who enable Guaranteed Stop Loss can ensure their positions close at the set stop-loss price, avoiding significant losses from slippage.

Applicable Contract Types and Order Types

The Guaranteed Stop Loss feature is available for Hotcoin’s perpetual USDT-margined contracts and delivery USDT-margined contracts, supporting various trading pairs. Users can choose to enable this feature during trading to ensure their positions close at the set price during market volatility, maximizing the protection of their investments.

Fee Structure and Risk Management

The Guaranteed Stop Loss feature is a paid function, where Hotcoin takes on the slippage risk for you. No fees are charged upfront when enabling the feature; instead, a fee is charged when the feature is triggered, based on the transaction amount. This pricing model ensures higher transparency and flexibility for users when using the feature, allowing them to stay in control during market fluctuations, avoid unexpected losses, and focus on achieving more stable returns.

Example:

Suppose three traders open a long position of 1 BTC at 66,500 USDT, but the market suddenly crashes, dropping to 65,475.5 USDT. Each trader has a different strategy, and the outcomes will vary. Traders who enabled Guaranteed Stop Loss can ensure their positions close at the set stop-loss price, avoiding the significant losses caused by slippage.

Advantages of the Guaranteed Stop Loss Feature

  • Avoid Slippage Risk:
    In the crypto market, slippage is a common issue. By enabling the Guaranteed Stop Loss feature, you can avoid the risk of slippage, ensuring your trades close at the preset price, even during extreme market volatility, leading to more accurate trading results.
  • Boost Trading Confidence:
    Traders often feel anxious during high market volatility, worried about severe losses due to slippage. By using the Guaranteed Stop Loss feature, you can remain calm in any market condition, effectively reducing trading risks and boosting your confidence.
  • Applicable to Multiple Trading Pairs:
    Hotcoin supports not only perpetual USDT-margined contracts and delivery USDT-margined contracts but also various major trading pairs, enabling global users to operate flexibly across different markets and enjoy the protection provided by the Guaranteed Stop Loss feature.

How to Use the Guaranteed Stop Loss Feature?

Enabling the Guaranteed Stop Loss feature on Hotcoin is simple. Just select the “Enable Guaranteed Stop Loss” option in the trading interface and set the stop-loss price. The platform will automatically execute the stop-loss operation when the trigger conditions are met. Please note that different trading pairs and markets may have different fees for the Guaranteed Stop Loss feature, which can be viewed in the platform’s trading interface.

Why Choose Hotcoin?

  • A Global Leading Platform:
    As a leading global cryptocurrency trading platform, Hotcoin has over 7 million active users across 97 countries and regions. We provide top-tier trading experiences for users worldwide, further enhancing trading security through the innovative Guaranteed Stop Loss feature.
  • Multilingual Support:
    Hotcoin supports multiple languages, including English, Spanish, French, and Korean, ensuring users around the globe can smoothly use the Guaranteed Stop Loss feature. No matter where you are, you can enjoy seamless trading protection.
  • Transparent Fee Structure:
    Hotcoin offers a clear and transparent fee structure, charging fees only when the feature is triggered, eliminating unnecessary upfront costs. The fees are linked to the transaction amount, making your trading experience more flexible and cost-effective.

Conclusion: Secure Your Worry-Free Trading Experience

“In financial markets, the wisest investors are those who know how to control risks.” – Warren Buffett

The Guaranteed Stop Loss feature acts like a safety belt for your investments, helping you navigate the volatile markets steadily.

Market volatility in the cryptocurrency market is inevitable, but by using Hotcoin’s Guaranteed Stop Loss feature, you can ensure your positions are protected from slippage during significant market fluctuations. This not only is key to achieving stable returns in a competitive market environment but also helps you boost trading confidence and manage risks. Join Hotcoin today, start your smart trading journey, and enjoy the world-leading security features that help your crypto investments move forward steadily.

Visit Hotcoin’s official website now to explore more cryptocurrency trading information and features!