Trading & Technical Analysis

What is a take-profit order in crypto trading?

A take-profit order is an instruction to automatically close a position once an asset reaches a set price, locking in a gain without manual action. It works by sitting on the order book until the target is hit, at which point it executes, removing the need to watch the market constantly. For example, buying a coin at 100 with a take-profit at 120 means the position sells automatically if price reaches 120. It is a discipline tool that removes emotion from exits, though in fast or thin markets the fill price can differ from the target. Profits are never assured.

Crypto investments are subject to market risk and volatility. Past performance is not indicative of future returns. This is general information, not investment advice — consider your own circumstances or consult a qualified adviser before investing.