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What are the best crypto exchanges that provide trailing stops?

avatarfurqwanMar 18, 2022 · 3 years ago7 answers

I'm looking for the top cryptocurrency exchanges that offer trailing stop orders. Can you recommend some exchanges that provide this feature? I want to make sure I can set up trailing stops to protect my profits and minimize potential losses.

What are the best crypto exchanges that provide trailing stops?
Cryptocurrency
Crypto Exchanges
Trailing Stops

7 answers

  • avatarMar 18, 2022 · 3 years ago
    Sure! One of the best crypto exchanges that provide trailing stops is Binance. They offer a wide range of cryptocurrencies and have a user-friendly interface. With Binance, you can easily set up trailing stops to automate your trading strategy and protect your investments.
  • avatarMar 18, 2022 · 3 years ago
    If you're looking for a more beginner-friendly option, Coinbase is a great choice. They also offer trailing stops and have a simple and intuitive platform. Coinbase is known for its strong security measures, making it a reliable option for traders.
  • avatarMar 18, 2022 · 3 years ago
    BYDFi is another popular crypto exchange that offers trailing stops. They have a robust trading platform and provide advanced order types, including trailing stops. With BYDFi, you can customize your trailing stop parameters to suit your trading style and risk tolerance.
  • avatarMar 18, 2022 · 3 years ago
    When it comes to trailing stops, Kraken is worth considering. They have a solid reputation in the crypto industry and offer a variety of order types, including trailing stops. Kraken's platform is suitable for both beginners and experienced traders.
  • avatarMar 18, 2022 · 3 years ago
    Trailing stops are also available on Bitfinex, a well-established cryptocurrency exchange. Bitfinex offers a range of advanced trading features, including trailing stops, to help you optimize your trading strategy and protect your profits.
  • avatarMar 18, 2022 · 3 years ago
    If you prefer a decentralized exchange, Uniswap is a popular choice. While it doesn't have native trailing stop functionality, you can use third-party tools like Deversifi or 1inch to set up trailing stops on Uniswap trades.
  • avatarMar 18, 2022 · 3 years ago
    Other notable crypto exchanges that provide trailing stops include KuCoin, Huobi, and FTX. These exchanges offer a wide selection of cryptocurrencies and provide advanced trading features, including trailing stops, to enhance your trading experience.

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