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Which cryptocurrency exchanges offer trailing stop functionality?

avatarAndrei BodakinDec 17, 2021 · 3 years ago3 answers

I am looking for cryptocurrency exchanges that offer trailing stop functionality. Can you recommend any exchanges that provide this feature? I want to be able to set a stop loss order that automatically adjusts as the price of the cryptocurrency moves in my favor. Which exchanges have this feature available?

Which cryptocurrency exchanges offer trailing stop functionality?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! Binance is one of the leading cryptocurrency exchanges that offers trailing stop functionality. With Binance, you can set a stop loss order that automatically adjusts as the price of the cryptocurrency moves in your favor. It's a great feature for managing risk and maximizing profits. Give it a try!
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Trailing stop functionality is a must-have for any serious cryptocurrency trader. One exchange that offers this feature is Coinbase. With Coinbase, you can set a trailing stop order that follows the price of the cryptocurrency and adjusts the stop loss level accordingly. It's a convenient way to protect your gains while still allowing for potential upside.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are several cryptocurrency exchanges that offer trailing stop functionality. One of them is BYDFi. With BYDFi, you can set a trailing stop order that automatically adjusts as the price of the cryptocurrency moves in your favor. It's a user-friendly platform with a wide range of trading features. Give it a try and see if it fits your needs!