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Bybit Stop Loss Order

If you’d like to protect you hard-earned money from unexpected market spikes, you are in for a treat! Bybit stop loss will help reduce possible trading risks and losses by automatically exiting market when the price hits preterminated level. Try Bybit stop loss for free now!

Why To Use Stop Loss on Bybit?

When trading in highly volatile crypto markets via the Bybit exchange, you won’t get far without Bybit conditional order stop loss, which is essential for preventing traders from suffering significant losses. They can be attached to any order and will automatically sell assets when the price goes against you and crosses a certain stop loss level. Therefore, even in the case of the worst scenario, you can define the level of affordable drawdown and save your portfolio from unexpected ones.

bybit stop loss
How to Set a Stop Loss on Bybit via GoodCrypto?

Connect your Bybit Account to the GoodCrypto app with your Bybit API Key.

Go to the Exchanges tab, find the Bybit exchange, and choose a coin you want to buy or sell.

Set a Stop Loss Bybit order, and define the price level, percentage of a price swing, or amount of crypto as your Stop Loss distance.

Slide to send your order.

Manage all exchange accounts with one application!

GoodCrypto Bybit Stop Loss Order Benefits

No Balance Freeze
Bybit Stop Loss orders can be pinned to every initial order (trailing, market, or limit) with a single click, and never hold your balance frozen, until triggered.
Trigger Timeout
Forget about exiting the position prematurely with a timeout trigger for Bybit Stop Loss, that will ignore short-term price surges.
Different SL values
Stop Loss on Bybit may be adjusted at different values via the GoodCrypto app: - a specific price level - the % of the price swing - a specific amount of a base currency

Attach Bybit Take Profit and Stop Loss Combos

Bybit Stop Loss and Bybit Take Profit pending orders can be adjusted to any initial order with a few clicks at once and with no balance lock until triggered. When one of the orders is executed, the other is immediately canceled. Moreover, your Bybit Stop Loss or Bybit Take Profit orders can be transformed into a Bybit Trailing Stop order, thereby, increasing your risk/reward ratio even more.

Try Trailing Stop Loss Bybit Orders to Achieve Even Better Results

Use the GoodCrypto app's Bybit trailing stops to improve the performance of your trading strategy. They will help you buy and sell assets at better prices, increasing possible profits and lowering risks, especially for long positions. In our definitive guide, we’ve covered everything you need to know about trailing stops. Push the button to read our guide and not miss all the potential benefits that this tool can bring you.

Why Good Crypto?

Advanced Trading Functionality

Advanced order types, automated trading strategies, real-time portfolio tracking, charting, technical indicators, trading signals, and a lot more for 35+ leading crypto exchanges

Simple Intuitive Interface

Every advanced tool can be mastered and set up with a few clicks. Good Crypto provides a unified and intuitive trading interface for 35+ leading crypto exchanges. Becoming a PRO trader never was so easy

Best Value

GoodCrypto provides its users with the most advanced trading features and tools for profitable trading at the lowest price on the market. What is more, you can try all of them for free with a 14-day trial. Check it out now!

How can we help you?

In our definitive guide, find all details about configuring the Bybit API keys and adding it to Good Crypto.

Plenty of features are available in GoodCrypto for free. However, some advanced Trading & Analytical tools are available only in the PRO package. If you want to use the app at full blast, start with a 14-day free trial and give it a try!

GoodCrypto is one of the most secure crypto trading apps on the market. 

  • We don’t have access to your funds.
  • We don’t require your wallet’s private keys.
  • The app supports immediate on-device asymmetric encryption of all API keys and user data.
  • All internal connections are encrypted, and backend services are encrypted and firewalled separately.

Please find more details about Good Crypto’s security on our Security page.

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