If a trader buys a cryptocurrency at $10, they can set a limit exit order to sell it at $15, ensuring they lock in profits once the price reaches that level.

A stop-loss exit order can be placed to sell an asset if it drops to a certain price, limiting the trader's potential losses.

If a trader buys a cryptocurrency at $10, they can set a limit exit order to sell it at $15, ensuring they lock in profits once the price reaches that level.

Traders can set conditional exit orders that automatically execute when market conditions are met, such as trailing stop orders that adjust as the asset price increases.