How does GDAX handle stop and limit orders?

3 answers

• Dec 25, 2021 · 3 years ago
  GDAX handles stop and limit orders by allowing users to set specific price levels at which they want their orders to be executed. Stop orders are used to limit potential losses by automatically triggering a market order when the price reaches a specified level. Limit orders, on the other hand, are used to set a specific price at which the order should be executed. GDAX provides advanced order types such as stop-limit orders, which combine the features of both stop and limit orders. It's important to note that GDAX may have certain limitations on the minimum and maximum order sizes for stop and limit orders.
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• Dec 25, 2021 · 3 years ago
  When it comes to stop and limit orders on GDAX, users have the flexibility to choose between different order types depending on their trading strategy. Stop orders can be useful for setting a price level at which you want to buy or sell a specific cryptocurrency, while limit orders allow you to set a specific price at which you want to execute your trade. GDAX also offers the option to set trailing stop orders, which automatically adjust the stop price as the market price moves in your favor. Overall, GDAX provides a range of order types to cater to different trading needs.
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• Dec 25, 2021 · 3 years ago
  As an expert in the field, I can say that GDAX is known for its robust order handling capabilities. With GDAX, you can easily place stop and limit orders to manage your risk and execute trades at specific price levels. GDAX also offers a user-friendly interface and provides real-time market data to help you make informed trading decisions. However, it's always important to carefully review and understand the specific terms and conditions associated with stop and limit orders on GDAX to ensure a smooth trading experience.
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