Which cryptocurrency exchanges offer trailing stop functionality and how can it be enabled?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! Many popular cryptocurrency exchanges offer trailing stop functionality. Some of the exchanges that provide this feature include Binance, Coinbase Pro, Kraken, and Bitfinex. To enable trailing stop on these exchanges, you'll need to log in to your account and navigate to the trading section. From there, you can select the specific cryptocurrency pair you want to trade and set up a trailing stop order. The process may vary slightly between exchanges, so it's always a good idea to consult the exchange's documentation or support team for detailed instructions.
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• Dec 16, 2021 · 3 years ago
  Trailing stop functionality is a useful tool for managing risk and maximizing profits in cryptocurrency trading. Several exchanges offer this feature, including Binance, Coinbase Pro, Kraken, and Bitfinex. To enable trailing stop on these platforms, you'll typically need to create an account, complete the necessary verification steps, and deposit funds. Once your account is set up, you can navigate to the trading section and find the trailing stop option. Each exchange may have a slightly different interface, but the process generally involves selecting the cryptocurrency pair, setting the stop price, and choosing the trailing percentage. If you're new to trailing stop orders, it's recommended to start with small amounts and familiarize yourself with the platform's features before executing larger trades.
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• Dec 16, 2021 · 3 years ago
  BYDFi is a cryptocurrency exchange that offers trailing stop functionality. To enable trailing stop on BYDFi, you'll need to create an account and complete the necessary verification steps. Once your account is set up, log in and navigate to the trading section. From there, you can select the cryptocurrency pair you want to trade and set up a trailing stop order. BYDFi provides a user-friendly interface that makes it easy to configure your trailing stop parameters. If you have any questions or need assistance, you can reach out to BYDFi's customer support team for help. Happy trading!
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