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Are there any specific platforms or exchanges that offer trailing stop loss orders for cryptocurrencies?

Gift EmmanuelSep 16, 2024 · a year ago1 answers

I'm looking for platforms or exchanges that offer trailing stop loss orders for cryptocurrencies. Can you recommend any specific ones? I want to make sure I can set up automatic sell orders to limit my losses and protect my investments. Which platforms or exchanges have this feature available?

1 answers

  • Davies MikkelsenAug 20, 2020 · 5 years ago
    Yes, there are platforms and exchanges that offer trailing stop loss orders for cryptocurrencies. One such platform is BYDFi, which specializes in cryptocurrency trading and provides a wide range of order types, including trailing stop loss orders. With BYDFi, you can set up automatic sell orders to protect your investments and limit potential losses. It's important to note that while BYDFi is a reliable platform, it's always a good idea to compare different options and choose the one that best suits your needs and preferences. Remember to do your own research and consider factors such as fees, security, and user experience when selecting a platform or exchange.

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