Crypto.com App Launches the Target Price Orders Feature | Crypto.com (2024)

Buy and sell crypto at your preferred price

May 05, 2022

Crypto.com App Launches the Target Price Orders Feature | Crypto.com (1)

We are pleased to announce that the Crypto.com App has launched the Target Price Orders feature, giving you greater control over your trades when you buy or sell crypto at your desired price. The list of available markets can be found here.

What is a Target Price Order?

It is an order request which allows you to specify your preferred price for executing a buy or sell order. The trade will only be executed if the market price reaches your target price. Thus, setting a target price allows you to buy at a lower price or sell at a higher price than the current market price. As Target Price Orders are automated, you don’t have to watch the market around the clock or worry about missing an opportunity.

How it Works

Only crypto-to-crypto trades are eligible for Target Price Orders. When a Target Price Order is placed, we will immediately lock the respective funding amount for Target Buy Orders, or the respective crypto asset to be sold for Target Sell Orders. The funds or crypto assets cannot be used elsewhere in the App after the order is placed.

A Target Price Order does not have an expiry date and will remain open until the market price reaches the target price, or when you manually cancel the order. Once the order is cancelled, the crypto assets will be immediately unlocked. No cancellations are allowed for orders that have already been executed.

How to place Target Price Orders in the Crypto.com App?

Go to Target Price via the Super App Menu. Here, you may submit a Target Buy Order, Target Sell Order, view any open orders, or see your order history.

Note:

  • You can have a maximum of ten open Target Price Orders at a time.
  • Each Target Price Order has a maximum notional limit of US$5,000.

Placing a Target Buy Order

Crypto.com App Launches the Target Price Orders Feature | Crypto.com (2)
  1. Under Open Orders, tap Buy.
  2. Select a cryptocurrency you would like to purchase and enter the target price you would like to purchase at. The target price entered should be a cryptocurrency amount that is available in your Crypto Wallet, lower than the market price at that time, and within the order limit.
  3. Tap Confirm and enter your passcode to place your order.

Placing a Target Sell Order

Crypto.com App Launches the Target Price Orders Feature | Crypto.com (3)
  1. Under Open Orders, tap Sell.
  2. Select a cryptocurrency you would like to sell and enter the target price you would like to sell at. The target price entered should be the cryptocurrency that is available in your Crypto Wallet, higher than the market price at that time, and within the order limit.
  3. Tap Confirm and enter your passcode to place your order.

Your order will only be executed if the market price reaches your set target price. It is recommended that you review your open limit orders regularly to keep up with the ever-changing market conditions.

Launch the Crypto.com App or visit our Help Centre for more information about the feature.

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Crypto.com App Launches the Target Price Orders Feature | Crypto.com (4)

Crypto.com App Launches the Target Price Orders Feature | Crypto.com (2024)

FAQs

How do I cancel a target price order on crypto? ›

Can I cancel a Target Price Order? You can always cancel your order (unless specified) by going to the Menu and tapping Target Price > Open Orders. However, this will be subject to the status of your order.

Why is the Crypto.com app not working? ›

Make sure that the software version of your Android device is over 4.4 and iOS is over 10.0. Check for any pending updates. If available, then update it to the latest version. Check your internet connection.

How high can cro really go? ›

Story Highlights. The live price of Cronos is $ 0.12868673. Cronos coin price is expected to go as high as $0.231 by the end of 2024. CRO crypto may cross the $1 mark, with a potential high of $1.105 by the end of 2030.

Is the Crypto.com app legit? ›

The Crypto.com app is indeed a safe cryptocurrency platform for cryptocurrency exchange. This safety is underpinned by the platform's comprehensive security measures, which include advanced MFA, real-time monitoring for suspicious activities, and substantial insurance coverage to protect user funds and assets.

Why can't I cancel my Target order? ›

Please note the option to cancel items will only appear for items that have yet to process for shipping. Select the item(s) you wish to cancel, then select a cancellation reason. These details help us find ways to improve your online shopping experience.

Can you cancel Target pre orders? ›

Please make that confirmation as soon as possible; if not confirmed, Target must cancel your Pre-order. You won't be charged, but we also cannot guarantee that you'll be able to place another Pre-order for the canceled item.

Is Crypto.com shutting down? ›

On 14 November, Marszalek, the firm's CEO, assured users that the exchange was functioning as normal. On June 9, 2023, Crypto.com announced plans to shut down its institutional exchange in the United States by June 21, citing low demand from large financial institutions.

Has crypto com app crashed? ›

Resolved - This incident has been resolved. Monitoring - A fix has been implemented and we are monitoring the results.

Why not to use crypto com? ›

Cons Explained. Higher fees unless you hold and use CRO: Crypto.com users with a significant holding of CRO currency can get discounts on their trading fees. Poor customer support: Customer complaints mention slow and low-quality customer support responses.

Is Cro dead in 2024? ›

No. Crypto is far from dead in 2024. Since Bitcoin began in 2009, every year someone has predicted the downfall of crypto, but despite all the adversity faced throughout the so-called crypto winter, the market has bounced back, with Bitcoin reaching a historic high of more than $73,000 in March 2024.

Who has the most CRO coin? ›

Cronos was the biggest crypto.com holder, with 912.53 million tokens or 3.61% of the current circulating supply. Among other Crypto.com holders, an anonymous wallet held 285.52 million tokens, or 1.13% of the circulating supply, making it the second-largest CRO token holder.

How is Crypto.com doing financially? ›

Data from blockchain analytics platform Nansen shows that Crypto.com currency has an exchange balance of $3.6 billion and a stablecoin balance of $776 million. It has also seen a positive net flow of $248.8 million during the last week.

Is crypto.com legal in the USA? ›

Crypto.com holds a money services business license with U.S. FinCEN, so it's legal in the U.S. It also holds a money transmitter license in every U.S. state that requires it, except New York.

What is the most trustworthy crypto app? ›

Quick Look: Best Cryptocurrency Apps
  • Coinbase: Best for Beginners.
  • Robinhood: Best for Mobile.
  • Kraken: Best for Low Fees.
  • Gemini: Best for Security and Compliance.
  • Crypto.com: Best for Credit Card Rewards.
  • eToro: Best for Social Trading.
  • CashApp: Best App for Buying and Selling BTC in Minutes.
  • OpenSea: Best NFT Marketplace.

How much does crypto com charge to withdraw money? ›

Apart from standard miner fees, Crypto.com charges about $0,25 in the token you want to withdraw as withdrawal fees.

Can you cancel a crypto order? ›

Once confirmed, the transaction is permanently recorded on the blockchain, and altering or reversing it becomes impossible. Given the irreversible nature of cryptocurrency transactions, it is crucial to exercise caution and double-check all transaction details before hitting the send button.

How do I cancel a crypto send? ›

Due to the nature of digital currency protocols, transactions cannot be cancelled or altered once they are initiated. This is what allows merchants to accept digital currency without the risk of chargebacks.

How do I cancel a recurring purchase on Crypto com? ›

How to cancel a recurring purchase? Click on the Menu on the Home page, then on "Recurring Buy", afterward, on "Schedule Details" and then on "Cancel Schedule". Once the steps are completed, confirm the cancellation.

How do I cancel crypto exchange? ›

Unfortunately, it's not possible to cancel a crypto exchange, once the exchange has been confirmed. The only way to revert it is to make a new exchange.

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