A stop-limit order is an order which consists of two components: a stop price and a limit price. Stop price is the price at which the order will be added to the order book to buy or sell.
The limit price is the price at which the order will be executed.
Stop price and limit price may coincide.
However, it would be safer to set a stop price a little higher for sell orders and lower for buy orders. A stop-limit order is usually used to fix profits (the so-called ‘take-profit’) or to avoid losses (the so-called ‘stop-loss’). When a stop price is triggered on the PointPay Crypto Exchange, the funds are automatically withdrawn from your account.