What is SmartTrade?
The SmartTrade tool is a powerful feature that allows you to:
Plan Buy and Sell simultaneously.
Set Take Profit and Stop Loss conditions in advance—even before purchasing coins.
Sell assets you already own using advanced options like Trailing Take Profit or multiple TP steps.
Access SmartTrade via the left-side menu or click here.
How to Create a SmartTrade
This video below shows you how to create Long trade using SmartTrade tool:
Step 1: Choose Exchange, Market, and Trading Pair
Example: Use Demo Account and select BNB/USDT.
Step 2: Enter Buy Order Details
You can switch to Use Existing Assets here if you already own the asset.
Amount of the coins that you want to buy. Let's make it 2 BNB.
Choose the Order Type:
Limit: Places an order in the order book.
Market: Executes the order at the market price.
Conditional (Cond.): Executes the order when specified conditions are met.
Set the price for Limit/Cond. orders.
Enable or disable the Trailing Buy feature. If enabled, the order type will automatically change to Cond., and the conditional price will trigger the trailing later.
Specify the QUOTE currency to spend (e.g., USDT).
How to Enable Take Profit
Take Profit allows you to lock in profits by automatically closing a trade when the asset reaches your target price or percentage.
Example: Setting +2% on BNB/USDT ensures your trade is closed once the price increases by 2%.
Click Set Take Profit.
Choose Order Type: Limit or Market.
Enter TP Price or Percentage. Example: +2%.
Optional: Set multiple TP targets.
Optional: Enable Trailing Take Profit.
Here you can see the approximate profit.
Read more about How Take Profit works.
Enable Stop Loss (Optional)
Choose Order Type: Cond. Limit or Cond. Market Order.
Enter: Stop Loss Price or Percentage. Example: -3%.
If you choose Cond. Limit Order type, you will need to specify here the price of the Limit order. This field is not available for Cond. Market Order. You can either manually input the price or the percentage of Stop Loss. To switch between these types, click on the price or % value. In our example, it's -3,5%.
Optional: Set Stop Loss timeout.
Optional: Enable Trailing Stop Loss.
Optional: Enable Move to Breakeven.
Short information about approximate loss and risk/reward ratio.
Click Create Trade.
Review the settings and click Confirm
That's it! Our first Smart Trade has been created! Obviously, you can change the settings as you wish, here it was just an example.
How to Create a SmartTrade for Selling Existing Assets
Use the "Use Existing Assets" toggle in SmartTrade to sell coins you already own.
Go to SmartTrade.
Choose the trading pair with the coin you want to sell. Example: BNB/USDT.
Enable Use Existing Assets and enter:
The amount of coins to sell.
The price you bought the coins in the “Were Bought For” field.
Example:
If you bought BNB at $213 and want to sell it at $350, enter $213 in the 'Were Bought For' field. Then set your Take Profit target at $350. This ensures your profit percentage is calculated correctly and helps you manage risks.The 'Were Bought For' field is used as a reference for calculating Take Profit and Stop Loss percentages. It will not affect the trade's execution or buy more assets.
Set Take Profit and Stop Loss as outlined above.
Reviewing and Managing Trades
After creating a trade, scroll down to see your active trade in the SmartTrade dashboard.
Manage your trades or edit Take Profit/Stop Loss settings as needed.
For more details, visit Manage Active SmartTrades.