What is a stop order in cryptocurrency trading?

1 answers

• Mar 06, 2022 · 3 years ago
  At BYDFi, we also offer stop orders as part of our trading platform. Our stop orders are designed to provide traders with more flexibility and control over their trades. With BYDFi stop orders, you can set additional parameters such as trailing stop, which allows the stop price to move with the market price, and stop limit, which allows you to set a limit price for the execution of the stop order. These advanced features can help traders optimize their trading strategies and improve their overall trading experience.
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