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Which cryptocurrency exchanges offer the 'one cancels other' order functionality?

avatarQing ChenDec 26, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrency exchanges that offer the 'one cancels other' order functionality? I'm interested in using this feature to manage my trades more effectively.

Which cryptocurrency exchanges offer the 'one cancels other' order functionality?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Several cryptocurrency exchanges offer the 'one cancels other' order functionality. Some popular options include Binance, Coinbase Pro, and Kraken. These exchanges allow you to place multiple orders simultaneously and specify that if one order is executed, the others will be automatically canceled. This feature can be useful for implementing trading strategies and managing risk. Make sure to check the specific trading platforms for more details on how to use this functionality.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are several cryptocurrency exchanges that support the 'one cancels other' order functionality. Examples include Binance, Coinbase Pro, and Kraken. This feature is particularly useful for traders who want to set up complex trading strategies and ensure that only one order is executed at a time. It helps to prevent conflicting orders and can improve trading efficiency. Keep in mind that the availability of this feature may vary between exchanges, so it's always a good idea to check the platform's documentation or contact their customer support for more information.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! If you're looking for cryptocurrency exchanges that offer the 'one cancels other' order functionality, you're in luck. Binance, Coinbase Pro, and Kraken are among the top exchanges that provide this feature. With 'one cancels other' orders, you can place multiple orders and specify that if one order is filled, the others will be automatically canceled. This helps streamline your trading process and ensures that only one order is executed at a time. It's a great tool for managing your trades and optimizing your trading strategy. Remember to check the specific exchange's platform for more details on how to use this feature effectively.