Learn How To Use Conditional Transactions | Step-by-Step

Summary

Conditional Transactions is a feature on the iTrustCapital platform that allows clients to set price conditions above or below current market prices, automatically executing a market order when the asset reaches the specified price without requiring manual input. Conditional Transactions support cryptocurrency, gold, and silver within self-directed IRAs and Premium Custody Accounts (PCA).

What Are Conditional Transactions on iTrustCapital?

Conditional Transactions allow iTrustCapital clients to set conditions on their market orders, enabling them to establish a buy or sell price for transactions without needing to manually execute them. When your specified price condition is met, the platform automatically executes a market order on your behalf.

This feature removes the limitation of manual real-time input that was previously required with standard market orders. With Conditional Transactions, you can execute transactions at market price when your criteria are met, without needing to be online or actively monitoring the markets.

Just set it, and forget it.

Key Benefits of Conditional Transactions

Execute transactions automatically when price targets are met
No need to monitor markets in real time
Available for crypto, gold, and silver in your IRA or PCA
Set buy conditions to purchase during market dips
Set sell conditions to exit positions at target prices
Buy and sell 24/7 without being at your device

How to Use Conditional Transactions: Step-by-Step

Follow these steps to set up a Conditional Transaction on the iTrustCapital platform:

Log in to your iTrustCapital dashboard using your credentials on desktop or mobile app.
Choose 'Place Conditional Transaction' instead of 'Market Order' when initiating your transaction.
Select the asset you want from the available cryptocurrencies, gold, or silver options.
Enter Your Conditional Price by inputting the target price at which you want the transaction to execute, either above or below the current market price.
For Buy: Enter the dollar quantity in ‘Purchase Up To Amount’ you wish to buy when the condition is met.
For Sell: Enter the token quantity in ‘Sell Up To Amount’ you wish to buy when the condition is met.
Review and confirm your Conditional Transaction details.
Submit your order and the platform will monitor the market and execute automatically when your price condition is reached.

Conditional Transactions vs. Market Orders

Feature	Conditional Transaction	Market Order
Execution Timing	Executes when your specified price condition is met	Executes immediately at current market price
Price Control	You set the target price for execution	No price control, transaction at prevailing market rate
Monitoring Required	No, the platform monitors for you	Yes, you must be online to execute
Ideal Use Case	Long-term investors wanting to buy dips or sell at targets	Investors who want immediate execution
Availability	24/7 automated execution	Requires manual input in real time

Who Should Use Conditional Transactions?

Conditional Transactions are ideal for investors who:

Want to buy during market dips without constantly watching prices
Have specific price targets for entering or exiting positions
Cannot monitor markets throughout the day due to work or other commitments
Prefer a "set it and forget it" approach to trading within their IRA
Want to take advantage of market volatility by automating transactions at predetermined prices

Whether you're looking to accumulate crypto at lower prices or lock in gains when assets reach your target, Conditional Transactions give you greater control over your self-directed IRA trading strategy.

Frequently Asked Questions

What assets are supported by Conditional Transactions on iTrustCapital?

Conditional Transactions are available for all cryptocurrencies, physical gold, and silver offered on the iTrustCapital platform within your self-directed IRA.

How long do Conditional Transactions remain active?

Conditional Transactions remain active until your specified price condition is met and the order executes, or until you manually cancel the order through your dashboard.

What happens if my price condition is never met?

If your price condition is never met, the Conditional Transaction will remain pending in your account. You can cancel or modify the order at any time through your iTrustCapital dashboard.

Is there a fee for using Conditional Transactions?

Conditional Transactions follow the same fee structure as standard market orders on iTrustCapital. There is no additional fee for using the Conditional Transaction feature.

Can I set multiple Conditional Transactions at once?

Yes, you can set multiple Conditional Transactions for different assets or different price points, allowing you to build a comprehensive trading strategy within your IRA.

How do I cancel a Conditional Transaction?

You can cancel any pending Conditional Transaction at any time by logging into your iTrustCapital dashboard, navigating to the ‘Manage Open Transactions’ tab, and selecting the cancel option for the specific transaction you wish to remove.

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DISCLAIMER

iTrustCapital is a fintech software platform for alternative assets. iTrustCapital is not an exchange, funding portal, custodian, trust company, licensed broker, dealer, broker-dealer, investment advisor, investment manager, or adviser in the United States or elsewhere. iTrustCapital is not affiliated with and does not endorse any particular digital asset, precious metal or investment strategy.

Investing in any digital asset or cryptocurrency (including meme coins) carries significant risks due to their speculative and highly volatile nature. Past performance is not an indication of future results. No investment is completely risk-free, and every investment carries the potential for losing some or all of the principal amount invested. Cryptocurrency is not legal tender backed by the United States government, nor is it subject to Federal Deposit Insurance Corporation (“FDIC”) insurance or protections. Digital asset (Cryptocurrency) deposits held with institutional storage providers are never FDIC insured and may lose value. Clients do not receive a choice of custody partner.

Investors assume the risk of all purchase and sale decisions. iTrustCapital makes no guarantee or representation regarding investors’ ability to profit from any transaction or the tax implications of any transaction. iTrustCapital does not provide legal, investment or tax advice. Conduct your own research and consult with a qualified legal, investment, or tax professional to assess your own risk tolerance prior to investing.

iTrustCapital makes no representation or warranty as to the accuracy or completeness of this information and does not have any liability for any representations (expressed or implied) or omissions from the information contained herein. iTrustCapital disclaims any and all liability to any party for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising directly or indirectly from any use of this information, which is provided as is, without warranties.