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Is it possible to use limit price and stop price together in cryptocurrency trading?

avatarKlavsen ChambersDec 29, 2021 · 3 years ago1 answers

Can I use both limit price and stop price simultaneously when trading cryptocurrencies?

Is it possible to use limit price and stop price together in cryptocurrency trading?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, it is possible to use limit price and stop price together in cryptocurrency trading. At BYDFi, our platform supports both types of orders, allowing you to set your desired limit and stop prices for your trades. This gives you more flexibility and control over your trading strategy. However, it's important to note that the execution of these orders is subject to market conditions and liquidity. So, it's always a good idea to carefully plan your trades and consider the potential risks and rewards.