Stop Loss/Limit Orders

Sphynx DeFi App comes with built in Stop Loss and Limit Order functionality across multiple networks covering over 1000 tokens. Orders can be made in native or Sphynx.

Fees for the BSC: 0.01 BNB or 100 Sphynx BSC tokens

Fees for the BRC: 1 Sphynx BRC token

Fees for the CRO: 1 CRO or 500 Sphynx CRO tokens

How to use Limit "Order"

Step 1: Select “Limit Order” on the Swap Panel

Step 2: In the “Select a currency” field put the currency contract ID or name you will use to buy your chosen token with, and select it.

Step 3: Put in the amount of you currency you wish to spend.

Step 4: Click the “Select a Token to Buy” field put the currency contract ID or name you will use to buy your chosen token with, and select it.

Step 5: Put in the amount of the token you wish to buy with your chosen amount of currency.

Step 6: Select “Place order” and approve in the wallet.

Step 6: You have succesfully placed the order and you can see it by tapping the "Order List"

You have the option to pay with SPHYNX.

How to use "Stop Loss"

Step 1: Select “Stop Loss” on the Swap Panel.

Step 2: In the “Select a currency to sell,” put the currency contract ID or name and select it

Step 3: Put in the amount of the tokens you wish to sell (ex: Max)

Step 4: In the next field, enter the token you would like to trade for. For instance you have Sphynx in the top field and BNB in the second field.

Step 5: Set the number you would like to sell you token at (either manually input it or set to market price)

Step 6: Select “Place order” and approve in the wallet.

Step 7: You have succesfully placed the order and you can see it by tapping the "Order List"

You have the option to pay with SPHYNX.

To see your stop loss order, go to the order list and click Stop Loss

If the chosen amount of your currency is equal to the amount of the token you wish to sell, the order will go through automatically at that time.