Announcing Target Orders
Buy and sell bitcoin with more control and never miss a dip
Strike Team
Aug 01, 2024
Today, we're thrilled to introduce target orders, designed to give you greater control when you buy and sell bitcoin. We heard you loud and clear, and are excited to bring this highly requested feature to Strike.
Target orders are now available for all customers globally. Update your app to the latest version or download Strike to get started.
You asked, we listened.
With target orders, you can buy or sell bitcoin only when it hits your chosen price. Now, you can set up buy and sell orders in either direction of the current price to better control your trades, whether you want to capitalize on dips or lock in gains. Target orders allow you to customize your trading activity, giving you the control you need. You can choose from various “target buy” and “target sell” order types to best match your trading goals:
Automated convenience
Achieve your trading goals without constantly monitoring the market. Set your desired price, and Strike will execute the order when the market reaches that point. By automating your orders, you can focus on what matters most and let us handle the rest. It’s important to note that orders may execute at a different price due to market availability and price volatility.
Optimized trading
Maximize profits and limit losses by placing buy orders at lower prices when bitcoin dips, and sell orders at higher prices. Target orders help you take advantage of market fluctuations to optimize your trading strategy.
Protection against volatility
Navigate sudden market movements with more control. You can sell when the price is falling or buy when the price is rising, giving you a strategic edge in volatile markets.
To place a target order in the Strike app, you first need to add cash or bitcoin to your account, depending if you’re looking to buy or sell. Then, navigate to the Bitcoin tab, tap the buy or sell button to initiate a new trade, and tap the settings icon in the top right corner to select “target order.”
Check out our FAQ and Learn article for more information about target orders and how to set them up.
All open target orders will appear at the bottom of the Bitcoin tab and can be canceled anytime.
Thank you for your ongoing input and support. At Strike, we are committed to developing features that have the greatest impact for our customers. We believe target orders will be a powerful tool, giving you enhanced control over your Bitcoin trades.
We’re excited to keep building and offering you the best of Bitcoin. Let us know what features you’d like to see next.
Read more