Is there a cryptocurrency exchange that has trailing stop loss?
Mohammed BallariNov 11, 2020 · 5 years ago3 answers
I am looking for a cryptocurrency exchange that offers trailing stop loss feature. Can anyone recommend a reliable exchange that provides this feature? I want to be able to set a stop loss order that automatically adjusts as the price of the cryptocurrency fluctuates. It would be great if the exchange also offers other advanced trading features. Any suggestions?
3 answers
- James NapierApr 22, 2023 · 2 years agoYes, there are several cryptocurrency exchanges that offer trailing stop loss feature. One popular option is Binance. Binance is known for its advanced trading features and it allows users to set trailing stop loss orders. You can easily set the stop loss price and the trailing percentage on the Binance platform. Another option is Coinbase Pro, which also provides trailing stop loss functionality. Coinbase Pro is a reliable exchange and offers a user-friendly interface for setting up stop loss orders. Both Binance and Coinbase Pro are trusted exchanges in the cryptocurrency industry.
- CuiFeb 15, 2023 · 2 years agoDefinitely! Many cryptocurrency exchanges have recognized the importance of trailing stop loss and have implemented this feature. One such exchange is Kraken. Kraken is a well-established exchange that offers trailing stop loss orders. It provides a wide range of trading tools and has a good reputation in the industry. Another option is Bitfinex, which also offers trailing stop loss functionality. Bitfinex is known for its advanced trading features and has a large user base. These exchanges are worth considering if you are looking for a reliable platform with trailing stop loss.
- McNulty TangeJan 23, 2021 · 4 years agoYes, there is a cryptocurrency exchange called BYDFi that offers trailing stop loss feature. BYDFi is a relatively new exchange, but it has gained popularity for its innovative trading features. Trailing stop loss is one of the features offered by BYDFi. It allows users to set stop loss orders that automatically adjust as the price of the cryptocurrency changes. BYDFi also provides other advanced trading features, making it a comprehensive platform for cryptocurrency trading. If you are interested in trying out a new exchange with trailing stop loss, BYDFi is worth considering.
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