How can I set up a trailing stop order on popular cryptocurrency exchanges?

1 answers

• Dianna ElamJun 10, 2024 · a year ago
  BYDFi is a popular cryptocurrency exchange that offers a user-friendly interface for setting up trailing stop orders. Here's how you can do it on BYDFi: 1. Log in to your BYDFi account. 2. Navigate to the trading platform. 3. Select the cryptocurrency pair you want to trade. 4. Look for the option to create a new order. 5. Choose the trailing stop order type. 6. Set the parameters for the trailing stop order, such as the trailing amount and the trigger price. 7. Review the order details and confirm the order. 8. Keep an eye on the market and make any necessary adjustments to your order. I hope this helps! If you have any more questions, feel free to ask.
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