Which cryptocurrency exchanges support trailing stop loss and trailing stop limit orders, and how can I set them up?
office spaceFeb 27, 2025 · 6 months ago3 answers
I'm interested in using trailing stop loss and trailing stop limit orders for my cryptocurrency trades. Which cryptocurrency exchanges support these types of orders, and how can I set them up?
3 answers
- Anthony CHIKEZIE COMRADEOct 22, 2020 · 5 years agoSure! Many popular cryptocurrency exchanges support trailing stop loss and trailing stop limit orders. Some of the exchanges that offer these features include Binance, Coinbase Pro, Kraken, and Bitfinex. To set up trailing stop loss and trailing stop limit orders on these exchanges, you'll need to log in to your account, navigate to the trading section, and select the specific cryptocurrency pair you want to trade. From there, you can set your desired stop loss and stop limit levels, as well as the trailing percentage. Make sure to review the exchange's documentation or contact their customer support for detailed instructions specific to each platform.
- Dominique_ObJun 07, 2023 · 2 years agoAbsolutely! Trailing stop loss and trailing stop limit orders are powerful tools for managing risk in cryptocurrency trading. Some exchanges that support these order types include Binance, Coinbase Pro, Kraken, and Bitfinex. To set them up, you'll need to log in to your account, go to the trading section, and select the cryptocurrency pair you want to trade. Look for the options to set stop loss and stop limit orders, and enable the trailing feature. Each exchange may have a slightly different interface, so it's a good idea to explore their trading platform and familiarize yourself with the process.
- Lotanna NnoshiriMay 09, 2025 · 4 months agoYes, trailing stop loss and trailing stop limit orders are available on various cryptocurrency exchanges. One such exchange is BYDFi, which offers a user-friendly interface for setting up these types of orders. To get started, create an account on BYDFi, navigate to the trading section, and select the desired cryptocurrency pair. From there, you can set your stop loss and stop limit levels, as well as enable the trailing feature. BYDFi provides detailed instructions and support to help you navigate the process smoothly.
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