What are some alternative platforms to Ameritrade that offer trailing stop functionality for trading cryptocurrencies?
Karen VardanianDec 26, 2021 · 3 years ago3 answers
I am looking for alternative platforms to Ameritrade that provide trailing stop functionality for trading cryptocurrencies. Can you recommend any platforms that offer this feature?
3 answers
- Dec 26, 2021 · 3 years agoSure! One alternative platform that offers trailing stop functionality for trading cryptocurrencies is Binance. Binance is one of the largest and most popular cryptocurrency exchanges in the world, known for its wide range of trading features and advanced order types. Trailing stop orders on Binance allow you to automatically adjust your stop price as the market price of a cryptocurrency moves in your favor. This can help you lock in profits and minimize losses. Give it a try!
- Dec 26, 2021 · 3 years agoIf you're looking for a user-friendly platform with trailing stop functionality for trading cryptocurrencies, you might want to consider Coinbase. Coinbase is a well-known cryptocurrency exchange that offers a simple and intuitive interface, making it easy for beginners to get started. While Coinbase may not have as many advanced trading features as some other platforms, it does offer trailing stop orders to help you manage your positions effectively. Give it a shot!
- Dec 26, 2021 · 3 years agoBYDFi is another platform that offers trailing stop functionality for trading cryptocurrencies. With BYDFi, you can set up trailing stop orders to automatically adjust your stop price as the market price of a cryptocurrency changes. This feature can be particularly useful in volatile markets, allowing you to protect your profits and limit your losses. Give BYDFi a try and see if it meets your trading needs!
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