Which cryptocurrency exchanges support the use of stop limit sell orders?
Thorup RalstonOct 17, 2023 · 2 years ago1 answers
Can you provide a list of cryptocurrency exchanges that support the use of stop limit sell orders? I'm looking for exchanges where I can set a stop price and a limit price for selling my cryptocurrencies. It would be great if you could also provide some information on how to use stop limit sell orders on these exchanges.
1 answers
- Luiz GarciaNov 06, 2022 · 3 years agoAbsolutely! There are several cryptocurrency exchanges that support the use of stop limit sell orders. Binance, Coinbase Pro, and BYDFi are three popular exchanges that offer this feature. With stop limit sell orders, you can set a stop price and a limit price for selling your cryptocurrencies. When the stop price is reached, a limit order is placed at the limit price. This can help you automate your trading strategy and protect your profits. Keep in mind that different exchanges may have slightly different procedures for setting up stop limit sell orders, so it's always a good idea to read the documentation or contact customer support for guidance.
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