How to sell coins using the ‘Auto sell’ order type?
Our auto sell feature puts you in control, helping you maximise gains and minimise risks without eyes on the charts 24/7. It allows you to automatically sell a cryptocurrency at a desired price, set by you, and in advance.
Setting up an auto sell
To set up an auto sell, click on ‘Buy/Sell/Trade’ then the ‘Sell Coin’ tab. This will lead you to the ‘Sell Coin’ page. Here, you’ll be able to select the ‘Auto sell’ order type and set up your auto order.
Firstly, you’ll need to choose the ‘Auto sell’ order type.
Click on ‘Select coin’ and choose one from your portfolio that you want to sell.
Specify how much you want to sell, and then set the price you want the sell order to be triggered at in the ‘Trigger Price’ field.
Review your ‘Sell summary’ to ensure that you are selling the right coin and that you have set the correct price for the sell order to be triggered at.
The ‘Sell summary’ lists the amount you’re selling - your ‘Sell amount’, the price at which the order will execute - ‘When the price reaches’, the ‘Conversion’ amount i.e. the amount you will receive, and the fee charged by Cointree - ‘Cointree fee’.
You can then tick the “I accept the Cointree terms of service & refund policy” box and ‘Confirm’ to proceed with the purchase.
*Note: ‘Auto sell’ order types are processed as a ‘Market price’ order, so the figure shown is a best estimate of how much coin you will be receiving once the price trigger has been met.
You’ll get a successful message stating “Auto buy set” once your auto buy has been set.
To review your auto buy, you can visit the ‘Auto-actions’ page listed under the ‘Buy/Sell/Trade’ menu. Here you will be able to review and manage current price alerts and auto actions, and review past price alerts and auto actions.