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Are there any crypto exchanges with the option for trailing stop loss?

avatarOvergaard SharmaDec 27, 2021 · 3 years ago3 answers

I'm looking for a cryptocurrency exchange that offers the option for trailing stop loss. Can anyone 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. It would be great if the exchange also offers other advanced trading features. Thank you!

Are there any crypto exchanges with the option for trailing stop loss?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are several crypto exchanges that offer the option for trailing stop loss. One popular exchange that provides this feature is Binance. With Binance, you can set a trailing stop loss order that automatically adjusts as the price of the cryptocurrency moves. They also offer a range of other advanced trading features, making it a great choice for traders looking for more control over their trades.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! Many crypto exchanges now offer the option for trailing stop loss. One exchange that comes to mind is Coinbase. They recently introduced trailing stop orders, allowing users to set a stop loss that adjusts with the price movement. Coinbase is known for its user-friendly interface and strong security measures, making it a reliable choice for traders.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! BYDFi is a crypto exchange that offers the option for trailing stop loss. With BYDFi, you can set a trailing stop loss order that automatically adjusts as the price of the cryptocurrency moves. They also provide other advanced trading features, such as limit orders and margin trading. If you're looking for a comprehensive trading platform, BYDFi is worth considering.