Crypto.com’s help center describes stop-loss and take-profit orders as conditional orders that become live orders when the mark price reaches a user-defined trigger. That sounds simple, but it is where many trading plans break: the trigger is not the same thing as a guaranteed fill.
For a stop-loss, the trader first decides the invalidation level. If the position is long, the sell stop-loss trigger must sit below the current mark price. For a take-profit on a long position, the trigger sits above the current mark price. The platform rules are mechanical; the trading decision is whether that level still leaves enough room for normal volatility.
The second choice is execution type. A market-style exit prioritizes getting out, but can slip in a thin book. A limit-style exit gives price control, but can miss if the market gaps through the limit. During news events, a tight trigger plus a tight limit may feel disciplined but fail to close the risk.
A practical setup process is to write the entry reason, invalidation point, target zone and maximum acceptable slippage before opening the order ticket. Then check whether the TP/SL structure actually matches that plan rather than simply placing a round-number trigger.
Risk notice: conditional orders reduce some operational risk but do not remove market, liquidity, platform or gap risk. This is not personalized trading advice.
Sources: Crypto.com Help Center on stop-loss and take-profit orders: https://help.crypto.com/en/articles/4453247-stop-loss-and-take-profit-orders ; Crypto.com education on stop-loss and take-profit levels: https://crypto.com/us/crypto/learn/stop-loss-and-take-profit-levels-crypto ; Crypto.com institutional API conditional-order description: https://exchange-docs.crypto.com/exchange/v1/rest-ws/index-insto-8556ea5c-4dbb-44d4-beb0-20a4d31f63a7.html
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