Can stop on quote or stop limit on quote orders be executed on all cryptocurrency exchanges?

3 answers

• Nov 24, 2021 · 3 years ago
  Yes, you can place stop on quote or stop limit on quote orders on most cryptocurrency exchanges. These types of orders allow you to set a specific price at which you want to buy or sell a cryptocurrency. When the market reaches that price, the order is executed automatically. However, it's important to note that not all exchanges offer these order types. It's always a good idea to check the trading features and order types supported by the exchange you are using.
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• Nov 24, 2021 · 3 years ago
  Absolutely! Stop on quote and stop limit on quote orders are commonly available on many cryptocurrency exchanges. These order types provide traders with more control over their trades by allowing them to set specific price levels for buying or selling cryptocurrencies. However, it's worth mentioning that not all exchanges support these order types. It's recommended to do some research and choose an exchange that offers the trading features you need.
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• Nov 24, 2021 · 3 years ago
  Yes, stop on quote or stop limit on quote orders can be executed on most cryptocurrency exchanges. For example, BYDFi, a popular cryptocurrency exchange, supports these order types. With stop on quote orders, you can set a trigger price, and when the market reaches that price, your order will be executed. This feature is particularly useful for traders who want to automate their trading strategies and take advantage of price movements.
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