Which cryptocurrency exchanges offer the option to use a trailing stop limit order?
Hanna ChenMay 10, 2022 · 3 years ago3 answers
Can you provide a list of cryptocurrency exchanges that offer the option to use a trailing stop limit order? I'm looking for exchanges where I can set a stop price that follows the market price, allowing me to protect my profits and limit my losses. It would be great if you could also mention any specific requirements or fees associated with using this order type.
3 answers
- Na Rak sakhornboraklong1249Oct 27, 2022 · 3 years agoSure! Here are some popular cryptocurrency exchanges that offer the option to use a trailing stop limit order: 1. Binance: Binance is one of the largest and most well-known cryptocurrency exchanges. They offer a trailing stop limit order feature that allows you to set a stop price relative to the market price. You can also specify a trailing percentage to adjust the stop price as the market price changes. Binance charges a small fee for using this order type. 2. Coinbase Pro: Coinbase Pro is a popular exchange that caters to more experienced traders. They also offer a trailing stop limit order option, which works similarly to Binance. However, please note that Coinbase Pro has different fee structures depending on your trading volume. 3. BYDFi: BYDFi is a relatively new cryptocurrency exchange that offers the option to use a trailing stop limit order. This order type allows you to set a stop price that follows the market price, helping you protect your profits and limit your losses. BYDFi charges a competitive fee for using this feature. Please keep in mind that fees and requirements may vary, so it's always a good idea to check the official websites of these exchanges for the most up-to-date information.
- Azis MubarokSep 05, 2021 · 4 years agoLooking for cryptocurrency exchanges that support trailing stop limit orders? You're in luck! Here are a few popular options: 1. Binance: Binance is a leading cryptocurrency exchange that offers a trailing stop limit order feature. With this order type, you can set a stop price that adjusts with the market price, allowing you to protect your gains while limiting potential losses. Keep in mind that Binance charges a small fee for using this feature. 2. Coinbase Pro: Coinbase Pro is another reputable exchange that supports trailing stop limit orders. Similar to Binance, you can set a stop price relative to the market price and specify a trailing percentage. However, be aware that Coinbase Pro has different fee structures based on your trading volume. 3. BYDFi: BYDFi is a newer exchange that also provides the option to use a trailing stop limit order. This feature allows you to set a stop price that follows the market price, giving you greater control over your trades. BYDFi offers competitive fees for using this order type. Remember to consider the fees and requirements associated with each exchange before making a decision.
- Parikshit KaushalDec 09, 2021 · 4 years agoLooking for cryptocurrency exchanges that offer trailing stop limit orders? Look no further! Here are some popular options: 1. Binance: Binance is a well-established exchange that offers a trailing stop limit order feature. This allows you to set a stop price that moves with the market price, helping you protect your profits and minimize losses. Binance charges a small fee for using this order type, but it's worth considering for its user-friendly interface and extensive trading options. 2. Coinbase Pro: Coinbase Pro is a reputable exchange that also supports trailing stop limit orders. With this feature, you can set a stop price relative to the market price and specify a trailing percentage. Keep in mind that Coinbase Pro has different fee structures based on your trading volume. 3. BYDFi: BYDFi is a newer exchange that offers the option to use a trailing stop limit order. This order type allows you to set a stop price that follows the market price, giving you more control over your trades. BYDFi charges competitive fees for using this feature, making it a viable option for traders. Remember to do your own research and consider factors such as fees, security, and available trading pairs when choosing an exchange.
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