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Which digital currency exchanges support trailing stop orders for buying coins?

avatarjasminesmcleanra3Dec 29, 2021 · 3 years ago3 answers

I'm looking for digital currency exchanges that support trailing stop orders for buying coins. Can anyone recommend any exchanges that offer this feature? I want to be able to set a stop price for my buy orders so that if the price drops below a certain level, my order will be automatically executed. Which exchanges provide this functionality?

Which digital currency exchanges support trailing stop orders for buying coins?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure, there are several digital currency exchanges that support trailing stop orders for buying coins. Binance, for example, offers this feature. You can set a stop price for your buy orders and the exchange will automatically execute the order if the price drops below that level. It's a great way to protect your investments and minimize losses. Give it a try!
  • avatarDec 29, 2021 · 3 years ago
    Yes, there are a few digital currency exchanges that support trailing stop orders for buying coins. Coinbase is another popular exchange that offers this feature. You can set a stop price for your buy orders and the exchange will monitor the market for you. If the price drops below your stop price, your order will be executed automatically. It's a convenient tool for active traders who want to manage their risks effectively.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi is a digital currency exchange that supports trailing stop orders for buying coins. With BYDFi, you can set a stop price for your buy orders and the exchange will execute the order if the price drops below that level. It's a user-friendly platform with a wide range of trading features. Give it a try and see how it can enhance your trading experience!