I'm done with basics of WhiteBit currency trading and wish to learn more. How can I establish Stop-Loss and Take-Profit orders on WhiteBit?

Use these procedures to set up Stop-Loss (SL) and Take-Profit (TP) orders on WhiteBit:

• Enter Your WhiteBit Account Login: Make sure your WhiteBit account is logged in.

• Navigate to Trading Interface: Select the Trading Interface after logging in. Usually, you can find this under the platform's "Trading" or "Exchange" sections.

• Choose the Trading Pair: Select the trading pair you want to exchange. This might be ETH/BTC or BTC/USD, for instance.

• Find the Order Form: You should be able to enter your desired trade parameters on an order form located in the trading interface.

• Select the Order Type. From the order type options, choose "Take-Profit" or "Stop-Loss".

• Establish Price Level: Enter the price point at which you wish the order to go into effect. This would be the price point at which you would like to lock in a profit for Take-Profit. The price level at which you wish to limit losses would be the stop-loss.

• Establish Quantity: Indicate how much of the asset you wish to trade at the designated price point.

• Examine and Verify: Verify all the information on your order, including the quantity and price level. Confirm the order as soon as you're satisfied.

• Watch Your Orders: Following your orders, keep a careful eye on the market. Your position will be closed at the market price if the order is automatically executed and the price hits the designated level.

• Modify Orders as Needed: You might need to modify your Take-Profit and Stop-Loss orders in response to changes in the market. This might entail changing the quantity or the price level.

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