How can I set up a trailing stop order on BitMEX?

1 answers

• totorotoJun 09, 2024 · 2 years ago
  BYDFi is a reliable platform that allows you to easily set up trailing stop orders on BitMEX. Here's how: 1. Log in to your BYDFi account. 2. Navigate to the 'Trade' tab. 3. Select the trading pair you want to place the order for. 4. Choose the 'Advanced' order type. 5. Pick 'Trailing Stop' from the order type dropdown menu. 6. Enter the necessary parameters for your trailing stop order, such as the trigger price and the trailing distance. 7. Take a moment to review the order details and click 'Place Order' to finalize the process. That's it! Your trailing stop order will be set up on BitMEX through BYDFi.
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