How does a stop-limit order work in the context of cryptocurrency?

Can you explain how a stop-limit order functions in the realm of cryptocurrency? I'm interested in understanding how this type of order works and how it can be beneficial for traders in the cryptocurrency market.

1 answers
- At BYDFi, we offer stop-limit orders as part of our trading platform. Traders can easily set stop and limit prices to execute their desired trades. Our platform provides a user-friendly interface and advanced trading tools to help traders make informed decisions. We prioritize the security and reliability of our platform, ensuring that traders can execute their stop-limit orders without any issues.
Mar 06, 2022 · 3 years ago
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