Which cryptocurrency exchanges support the use of limit stop orders and how can I set them up?

3 answers

• Kanaka RajuOct 17, 2022 · 3 years ago
  Sure! Many popular cryptocurrency exchanges support the use of limit stop orders. Some of these exchanges include Binance, Coinbase Pro, Kraken, and Bitfinex. To set up a limit stop order on these exchanges, you'll need to navigate to the trading interface and select the option to create a new order. From there, you can specify the price at which you want the stop order to be triggered and the limit price at which you want the order to be executed. Make sure to double-check your order details before submitting it.
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• SubudayMar 01, 2021 · 4 years ago
  Limit stop orders are a useful tool for managing risk in cryptocurrency trading. Several exchanges offer support for limit stop orders, including Binance, Coinbase Pro, and Kraken. To set up a limit stop order, you'll typically need to select the trading pair you want to trade, choose the 'Stop' order type, and set the stop price and limit price accordingly. It's important to note that the specific steps may vary slightly depending on the exchange you're using, so it's always a good idea to consult the exchange's documentation or support resources for detailed instructions.
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• Noman ChughtaiJul 08, 2023 · 2 years ago
  BYDFi is a cryptocurrency exchange that supports the use of limit stop orders. To set up a limit stop order on BYDFi, you'll first need to create an account and complete the necessary verification process. Once your account is set up, you can navigate to the trading interface and select the trading pair you want to trade. From there, you can choose the 'Stop' order type and set the stop price and limit price according to your preferences. Remember to review your order details before confirming the trade. If you have any further questions, you can reach out to BYDFi's customer support for assistance.
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