Amy DohlinNov 23, 2021 · 3 years ago3 answersWhich type of order, stop limit or stop market, is more commonly used by cryptocurrency traders?
When it comes to cryptocurrency trading, which type of order, stop limit or stop market, is more commonly used by traders? What are the advantages and disadvantages of each type of order? Which one provides better control over the execution price and reduces the risk of slippage? How do these order types differ in terms of flexibility and speed of execution? Are there any specific scenarios where one type of order is more suitable than the other?
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