OCO Order
A paired order where executing one automatically cancels the other.
What is OCO Order?
An OCO order combines a stop-loss and take-profit (or limit) for the same asset, canceling the unfilled one upon execution. On Crypto.com, for BTC at $86,000, set sell limit at $88,000 and stop at $84,000; if $88,000 hits, stop cancels. Available on spot and futures, it automates risk management.
Traders use OCO for breakouts, like buy stop above $30,000 and sell stop below $25,000 for BTC. It reduces monitoring in volatile markets but requires careful pricing. On Bybit, it’s spot-only, with margin based on one side.
Related Terms
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BitPay
A digital asset payment processor enabling merchants to accept stablecoins like USDC and USDT, with stablecoins comprising nearly 40% of its 2025 payment volume.
51% Attack
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Alipay
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Automated Agent
Software that autonomously performs tasks, including digital asset transactions.