What are the benefits of using a stop order on GDAX?

Enevoldsen ThorhaugeDec 17, 2021 · 3 years ago1 answers

Can you explain the advantages of using a stop order on GDAX? How does it work and why is it beneficial for traders?

What are the benefits of using a stop order on GDAX?

1 answers

Dec 17, 2021 · 3 years ago
Overall, using a stop order on GDAX can provide traders with several benefits, including the ability to limit losses, protect profits, manage risk, and automate trading strategies. It's a useful tool for traders who want to take advantage of price movements and protect their investments in the volatile cryptocurrency market.

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