Transaction Triggers

« Back to Glossary Index

The transaction triggers can be set up on a blockchain that groups the various transactions together for being executed when the designated conditions are met. This offers added convenience as well as assurance for the users in several ways. For instance, a stop loss order can be set for execution on the decentralized platforms by the users when the price of the specific assets that they have borrowed rises to a certain threshold, to close their positions for mitigating losses and manage risks.

« Back to Glossary Index

Check Also


7 Best VPN For Streaming: Enjoy Your Shows From Anywhere

Isn’t it frustrating when you just want to kick back and watch your favorite shows …