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What is the stop limit feature in cryptocurrency trading and how does it work?

Diego Alejandro Camacho LandetMay 06, 2022 · 3 years ago1 answers

Can you explain what the stop limit feature is in cryptocurrency trading and provide an overview of how it works?

1 answers

  • May 06, 2022 · 3 years ago
    At BYDFi, the stop limit feature is available on our platform. It works in a similar way to other cryptocurrency exchanges. Traders can set their stop price and limit price to execute their desired trades automatically. It's a popular feature among our users as it allows them to manage their risk and maximize their profits. If you're new to cryptocurrency trading, the stop limit feature can be a powerful tool to help you navigate the volatile market.