Which cryptocurrencies are compatible with interactive brokers trailing stop?
snigdha sudheerDec 28, 2021 · 3 years ago3 answers
I'm interested in using the trailing stop feature on Interactive Brokers for trading cryptocurrencies. Can you provide me with a list of cryptocurrencies that are compatible with this feature? I want to make sure I can effectively manage my trades and minimize potential losses.
3 answers
- Dec 28, 2021 · 3 years agoSure! Interactive Brokers currently supports trailing stop orders for a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These are some of the most popular and widely traded cryptocurrencies, so you should have no trouble using the trailing stop feature for them.
- Dec 28, 2021 · 3 years agoAbsolutely! When it comes to using the trailing stop feature on Interactive Brokers, you'll be glad to know that it is compatible with a wide range of cryptocurrencies. Some of the other cryptocurrencies that you can use this feature for include Cardano (ADA), Polkadot (DOT), Chainlink (LINK), and Stellar (XLM). So, whether you're trading the major cryptocurrencies or exploring some of the altcoins, you'll be able to take advantage of the trailing stop feature.
- Dec 28, 2021 · 3 years agoYes, Interactive Brokers is a great platform for trading cryptocurrencies with the trailing stop feature. In addition to the popular cryptocurrencies like Bitcoin and Ethereum, you can also use this feature for trading tokens on the BYDFi exchange. BYDFi offers a wide range of cryptocurrencies, including some lesser-known ones that can provide unique trading opportunities. So, if you're looking for a diverse selection of cryptocurrencies to trade with the trailing stop feature, BYDFi is definitely worth considering.
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