Which cryptocurrency exchanges support market if touched orders?

3 answers

• Knowles HornMay 07, 2022 · 3 years ago
  Sure! Here are some cryptocurrency exchanges that support market if touched orders: 1. Binance: Binance is one of the largest cryptocurrency exchanges and offers market if touched orders. These orders allow you to set a trigger price, and if the market price reaches that level, your order will be executed at the best available price. Binance charges a small fee for these orders. 2. Coinbase Pro: Coinbase Pro also supports market if touched orders. Similar to Binance, you can set a trigger price and your order will be executed when the market price reaches that level. Coinbase Pro has its own fee structure for these orders. 3. BYDFi: BYDFi is a newer cryptocurrency exchange that also offers market if touched orders. These orders work in the same way as Binance and Coinbase Pro, allowing you to set a trigger price and execute the order when the market price touches that level. BYDFi has competitive fees for these orders and is gaining popularity among traders. Please note that market if touched orders may have certain limitations, such as the order not being executed if the market price quickly moves past the trigger price. It's important to understand the specific rules and limitations of each exchange before placing these orders.
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• Dominique_ObMar 05, 2023 · 2 years ago
  Market if touched orders are a useful tool for cryptocurrency traders. They allow you to set a trigger price, and if the market price reaches that level, your order will be executed at the best available price. This can be helpful for entering or exiting positions at specific price levels. However, it's important to note that not all cryptocurrency exchanges support market if touched orders. Some exchanges may have different order types or may not offer this feature at all. It's always a good idea to research and compare different exchanges to find the one that best suits your trading needs.
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• Chris BatchelorFeb 04, 2023 · 2 years ago
  Market if touched orders are a popular feature among cryptocurrency exchanges. They allow traders to set a trigger price and automatically execute an order when the market price touches that level. This can be useful for taking advantage of price movements and entering or exiting positions at specific price points. While Binance, Coinbase Pro, and BYDFi are some exchanges that support market if touched orders, it's worth noting that there are other exchanges that offer this feature as well. It's always a good idea to check the specific features and fees of each exchange before deciding where to trade.
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