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What are some alternatives to Robinhood for placing stop loss orders on cryptocurrency trades?

avatarJosiah JohnsonDec 28, 2021 · 3 years ago3 answers

I'm looking for alternative platforms to Robinhood where I can place stop loss orders on my cryptocurrency trades. Can anyone recommend any other platforms that offer this feature? I want to make sure I have a backup option in case Robinhood experiences any issues.

What are some alternatives to Robinhood for placing stop loss orders on cryptocurrency trades?
Cryptocurrency
Stop Loss Orders
Trading Platforms

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! One alternative to Robinhood for placing stop loss orders on cryptocurrency trades is Binance. Binance is one of the largest and most popular cryptocurrency exchanges in the world, offering a wide range of trading features including stop loss orders. It has a user-friendly interface and supports a large number of cryptocurrencies. Give it a try!
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for a more beginner-friendly option, 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 place stop loss orders on their trades. It also has a strong reputation for security, which is always a plus in the crypto world.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is another platform that you can consider for placing stop loss orders on your cryptocurrency trades. It offers a user-friendly interface and a wide range of trading features, including stop loss orders. BYDFi also provides advanced charting tools and real-time market data to help you make informed trading decisions. Give it a try and see if it meets your needs!

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