A pending order is a feature that lets you open a MultiHODL deal automatically at a specific price level, helping you enter the market at your preferred price without constantly monitoring it.
When should I use a pending order?
Use it if you don’t want to open a deal at the current market price and prefer to wait for a specific level.
How to create a pending order?
On the MultiHODL creation page:
Select Set Pending Order
Set the trigger price, take profit, stop loss, and other parameters
Click BUY or SELL
The required funds will be locked until the order is executed or canceled.
The pending order page displays all key order details, including the trigger price, position parameters, creation and expiration dates, and cancellation option.
Note that the minimum distance for the pending order, expiration time, and other parameters may vary and will be displayed in advance on the pending order creation page.
What happens when the trigger price is reached?
The system opens a MultiHODL deal automatically.
The order is executed at the next available market price, so the final price may differ slightly (slippage).
Where can I find my pending orders?
Go to the MultiHODL section → Positions to view and manage your orders. Click on an order to open, close, or adjust its parameters.
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❓Frequently Asked Questions (FAQ)
❓Frequently Asked Questions (FAQ)
What is order expiration?
It is a period that defines how long a pending order remains active. Once the expiration date is reached, the order is automatically canceled if it has not been executed.
Can I use Take Profit and Stop Loss with pending orders?
Yes, you can adjust TP & SL levels before and after creating a pending order.
Will I continue to earn yield interest on assets locked in a pending order?
Yes, funds locked in the pending order will still generate interest.
Can I change price direction for the pending order?
At the moment, no. However, we are working on adding this functionality.