Which cryptocurrency exchanges offer the option to place trailing stop loss orders?

3 answers

• Nov 24, 2021 · 3 years ago
  Sure! Here are some cryptocurrency exchanges that offer the option to place trailing stop loss orders: 1. Binance: Binance is one of the largest cryptocurrency exchanges and supports trailing stop loss orders. You can set the stop loss order to automatically adjust as the price moves in your favor. However, please note that trailing stop loss orders on Binance are only available for spot trading and not for futures trading. 2. Coinbase Pro: Coinbase Pro also supports trailing stop loss orders. You can set the stop loss order to trail the price by a certain percentage or amount. However, it's important to note that trailing stop loss orders on Coinbase Pro are only available for limit orders and not for market orders. 3. BYDFi: BYDFi is a decentralized cryptocurrency exchange that offers the option to place trailing stop loss orders. You can set the stop loss order to automatically adjust as the price moves in your favor. BYDFi also provides additional features such as advanced order types and customizable trading strategies. 4. Kraken: Kraken is another popular cryptocurrency exchange that supports trailing stop loss orders. You can set the stop loss order to trail the price by a certain percentage or amount. However, please note that trailing stop loss orders on Kraken are only available for limit orders and not for market orders. These are just a few examples of cryptocurrency exchanges that offer the option to place trailing stop loss orders. It's always a good idea to check the specific features and limitations of each exchange before making a decision.
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• Nov 24, 2021 · 3 years ago
  Looking for cryptocurrency exchanges that offer trailing stop loss orders? Look no further! Here are some top exchanges that provide this feature: 1. Binance: Binance is a well-known exchange that allows you to set trailing stop loss orders. This means that your stop loss order will automatically adjust as the price of the cryptocurrency moves in your favor. Keep in mind that this feature is only available for spot trading on Binance. 2. Coinbase Pro: Coinbase Pro is another popular exchange that supports trailing stop loss orders. You can set the stop loss order to trail the price by a certain percentage or amount. However, it's important to note that this feature is only available for limit orders on Coinbase Pro. 3. BYDFi: BYDFi is a decentralized exchange that offers trailing stop loss orders. With BYDFi, you can set your stop loss order to automatically adjust as the price moves in your favor. This exchange also provides advanced order types and customizable trading strategies. 4. Kraken: Kraken is a well-established exchange that allows you to set trailing stop loss orders. Similar to other exchanges, you can set the stop loss order to trail the price by a certain percentage or amount. Just remember that this feature is only available for limit orders on Kraken. These exchanges are just a few examples of platforms that offer trailing stop loss orders. Make sure to do your own research and consider other factors such as fees and security before choosing an exchange.
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• Nov 24, 2021 · 3 years ago
  Looking for cryptocurrency exchanges where you can place trailing stop loss orders? Here are some options: 1. Binance: Binance is one of the leading cryptocurrency exchanges that supports trailing stop loss orders. You can set the stop loss order to automatically adjust as the price moves in your favor. However, please note that this feature is only available for spot trading on Binance. 2. Coinbase Pro: Coinbase Pro is a popular exchange that allows you to set trailing stop loss orders. You can choose to trail the price by a certain percentage or amount. Keep in mind that this feature is only available for limit orders on Coinbase Pro. 3. BYDFi: BYDFi is a decentralized exchange that offers trailing stop loss orders. With BYDFi, you can set your stop loss order to automatically adjust as the price moves in your favor. This exchange also provides advanced order types and customizable trading strategies. 4. Kraken: Kraken is a well-established exchange that supports trailing stop loss orders. You can set the stop loss order to trail the price by a certain percentage or amount. However, please note that this feature is only available for limit orders on Kraken. These are just a few examples of exchanges where you can place trailing stop loss orders. Remember to consider factors such as fees, liquidity, and security when choosing an exchange.
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