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Are there any alternatives to eTrade's stop on quote feature for trading cryptocurrencies?

Pranav BorikarAug 27, 2020 · 5 years ago1 answers

I'm looking for alternatives to eTrade's stop on quote feature specifically for trading cryptocurrencies. Are there any other platforms or exchanges that offer a similar feature? I want to be able to set a stop price for a cryptocurrency and have the trade automatically executed when the price reaches that level. What options do I have?

Cryptocurrency
Trading
Stop On Quote

1 answers

  • Bert Van HemelAug 21, 2023 · 2 years ago
    Yes, there are alternatives to eTrade's stop on quote feature for trading cryptocurrencies. One option is BYDFi, a decentralized finance platform that offers a stop on quote feature for trading cryptocurrencies. With BYDFi, you can set a stop price and when the market price reaches that level, a trade is automatically executed. BYDFi is known for its user-friendly interface and advanced trading features. However, it's important to note that BYDFi is a relatively new platform and may not have the same level of liquidity as more established exchanges like Binance or Coinbase Pro. It's always a good idea to do your own research and consider factors such as security, fees, and available trading pairs before choosing a platform to trade cryptocurrencies.

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