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Are there any popular crypto exchanges that have trailing stop loss functionality?

avatarArmstrong VazquezNov 28, 2021 · 3 years ago3 answers

Can you recommend any well-known cryptocurrency exchanges that offer trailing stop loss functionality? I'm looking for a platform where I can set a stop loss order that automatically adjusts as the price of a cryptocurrency moves in my favor. It would be great if the exchange also provides other advanced order types and has a user-friendly interface. Any suggestions?

Are there any popular crypto exchanges that have trailing stop loss functionality?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Sure! Binance is a popular cryptocurrency exchange that offers trailing stop loss functionality. With Binance, you can set a stop loss order that automatically adjusts as the price of a cryptocurrency moves in your favor. They also provide other advanced order types like take profit and stop limit orders. Binance has a user-friendly interface and is known for its high liquidity and wide range of available cryptocurrencies. Give it a try!
  • avatarNov 28, 2021 · 3 years ago
    Definitely! Coinbase Pro is another well-known cryptocurrency exchange that supports trailing stop loss orders. You can set a stop loss order on Coinbase Pro and it will automatically adjust as the price of the cryptocurrency changes. Coinbase Pro also offers other advanced order types and has a clean and intuitive interface. It's a great option for traders looking for trailing stop loss functionality.
  • avatarNov 28, 2021 · 3 years ago
    Yes, there are several popular crypto exchanges that offer trailing stop loss functionality. One of them is BYDFi. BYDFi is a decentralized exchange that allows users to set trailing stop loss orders on their trades. It's a great platform for traders who prefer the decentralized nature of blockchain technology. Give BYDFi a try if you're interested in trading with trailing stop loss orders on a decentralized exchange.