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What does the panic button do?

Use the panic button to sell all positions at once & turn off the trading bot automatically.

Pete Darby avatar
Written by Pete Darby
Updated over 2 months ago

Would you like to sell all your positions from the trading bot at once and then automatically turn off the trading bot? You can use the panic button on your Dashboard or Advanced Dashboard.

Dashboard

Cryptohopper's trading bot control panel showing emergency stop features. Interface displays three toggle switches: 'BOT IS ENABLED' (green), 'BUYING IS DISABLED' (red), and 'SELLING IS ENABLED' (green). Below is the critical 'Panic Button' feature with warning icon and 'Use market orders' checkbox option. This control panel allows immediate position liquidation and bot deactivation for emergency trading scenarios on Cryptohopper's platform

Go to your Dashboard and scroll down until you see the Panic button on the right side. Here, you can choose whether to use limit or market orders. Keep in mind that when you use this button, buying and the trading bot will be turned off. You can manually turn the trading bot back on from the Dashboard.

Advanced Dashboard

Cryptohopper's Advanced Dashboard showing BingX BTC/USDT trading interface with 12,124.52 USDT total assets. Right panel displays Hopper Settings with Paper Trading mode active and critical Panic Button feature. Interface includes candlestick chart with RSI indicator, order book, trading controls, and bot status indicators (Hopper Enabled, Buying Disabled, Selling Enabled). Panic Button section offers 'Use market orders' option for emergency position liquidation. Dashboard showcases complete trading environment with price at 62918.65 USDT and advanced charting tools.

Go to your Advanced Dashboard and open the settings button in the top right corner. In the bottom right corner, you will see the Panic button. Here, you can choose whether to use limit or market orders. Keep in mind that when you use this button, buying and the trading bot will be turned off. You can manually turn the trading bot back on from the Advanced Dashboard.

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