What are the best crypto exchanges that provide trailing stops?
Hood RitchieJun 19, 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.
7 answers
- claudiometFeb 29, 2024 · a year agoSure! 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.
- Juan Miguel Quirós RamirezFeb 20, 2023 · 2 years agoIf 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.
- Nurefşan AkerikMay 31, 2022 · 3 years agoBYDFi 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.
- Coble FultonJan 06, 2023 · 2 years agoWhen 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.
- Stilling MilesNov 25, 2023 · 2 years agoTrailing 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.
- nore plyMay 14, 2021 · 4 years agoIf 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.
- DustyBOct 04, 2021 · 4 years agoOther 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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