Target Buys may allow you to automatically stack with Swan when the price of Bitcoin dips below a specific USD amount.
A Target Buy is not a limit order or stop loss order. It is a conditional market order triggered by a drop in price below your chosen Target Price that will not be executed unless the final quote prior to execution is at or below your applicable Target Price.
Unlike a limit order, the market order triggered by your Target Buy may not be fulfilled.
From your dashboard, you can set multiple Target Buys to trigger at varying USD price points, helping you take advantage of the dips on auto, even while you sleep. You can set Target Buys to pull funds via ACH or by using your Swan Balance.
Currently, Target Buys are only available to Swan Private Clients.
Limits:
- Target Buys contribute to your daily limits.
- The aggregate USD amount for pending ACH Target Buys cannot exceed $25K.