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

coinbase-crypto-delisting

Coinbase Crypto Delisting Includes 4 Cryptocurrencies From The Wallet

Coinbase crypto delisting is a major event at the end of this year. On Tuesday, …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.