Which cryptocurrency exchanges offer the stop limit on quote feature and how can it be utilized effectively?

3 answers

• Fakhriddin BuvatoyevJul 28, 2022 · 3 years ago
  Sure! Some popular cryptocurrency exchanges that offer the stop limit on quote feature include Binance, Coinbase Pro, and Kraken. This feature allows traders to set a stop price and a limit price for their orders. When the stop price is reached, a limit order is triggered and executed at the specified limit price. This can be useful for managing risk and automating trading strategies. For example, you can set a stop limit order to sell your Bitcoin if its price drops below a certain level, ensuring that you don't incur further losses. It's important to carefully consider the stop price and limit price to ensure that your order is executed as intended. Happy trading!
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• OvalkinJul 26, 2024 · a year ago
  Hey there! If you're looking for cryptocurrency exchanges that offer the stop limit on quote feature, you're in luck. Some popular options include Binance, Coinbase Pro, and Kraken. This feature allows you to set a stop price and a limit price for your orders. When the stop price is reached, a limit order is triggered and executed at the specified limit price. It's a great tool for managing risk and automating your trading strategies. Just make sure to set your stop and limit prices carefully to achieve your desired outcomes. Happy trading!
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• Shravani KuragayalaNov 04, 2021 · 4 years ago
  BYDFi is a cryptocurrency exchange that offers the stop limit on quote feature. This feature allows you to set a stop price and a limit price for your orders. When the stop price is reached, a limit order is triggered and executed at the specified limit price. It's a powerful tool for managing risk and optimizing your trading strategies. Just make sure to set your stop and limit prices carefully to achieve your desired outcomes. Happy trading!
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