Which cryptocurrencies are compatible with trailing stop loss based on the last price?
Soumya Ranjan MohantyNov 29, 2021 · 3 years ago3 answers
I would like to know which cryptocurrencies are compatible with trailing stop loss based on the last price. Can you provide a list of cryptocurrencies that support this feature?
3 answers
- Nov 29, 2021 · 3 years agoSure! There are several cryptocurrencies that are compatible with trailing stop loss based on the last price. Some popular options include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies can be traded on various exchanges that offer trailing stop loss functionality. It's important to note that the availability of this feature may vary depending on the exchange you are using.
- Nov 29, 2021 · 3 years agoTrailing stop loss based on the last price is a useful feature for managing risk in cryptocurrency trading. Some other cryptocurrencies that support this feature include Cardano (ADA), Binance Coin (BNB), Polkadot (DOT), and Chainlink (LINK). These cryptocurrencies have gained popularity in recent years and are widely traded on different exchanges.
- Nov 29, 2021 · 3 years agoBYDFi is a digital currency exchange that offers trailing stop loss based on the last price for a wide range of cryptocurrencies. With BYDFi, you can set a stop loss order that automatically adjusts based on the last price of the cryptocurrency. This feature helps you protect your profits and limit potential losses. BYDFi also provides a user-friendly interface and advanced trading tools to enhance your trading experience.
Related Tags
Hot Questions
- 97
What are the best digital currencies to invest in right now?
- 92
What are the tax implications of using cryptocurrency?
- 84
What are the best practices for reporting cryptocurrency on my taxes?
- 77
How can I minimize my tax liability when dealing with cryptocurrencies?
- 65
How can I protect my digital assets from hackers?
- 48
Are there any special tax rules for crypto investors?
- 47
How can I buy Bitcoin with a credit card?
- 35
How does cryptocurrency affect my tax return?