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Title: Which Crypto Exchange has this type of feature? Post by: MZ4 on January 22, 2021, 10:06:49 PM I want to be able to open a position to a coin on a future price and at the same time to be able to put stop loss and/or take profit at the same order.
For example: ETH price is now $1000. I want to open a position if it goes to $1200 and stop loss if it goes to $1100 or take profit if it goes to $1300 but with the same order. Binance unfortunately offers it only in the FUTURES market and not in the spot. The photo below is the order that you can give on Futures market on Binance and I want the same exactly but for spot. Do you have an idea which Exchange offers that for the spot market? https://i.ibb.co/bFQc6df/Screenshot-2021-01-23-at-12-03-52-AM.png Title: Re: Which Crypto Exchange has this type of feature? Post by: GreatArkansas on January 22, 2021, 11:19:39 PM https://i.imgflip.com/4ux14c.jpg
Have you tried FTX? The attached screenshot above is taken from their android mobile app, FTX Pro and it is available on Spot market and the same time Futures market too. Ftx seems more complete since you can also see your % gain and % loss for take profit price and stop loss, this is also available on Futures market of Binance since you want for Spot market, you can try FTX. Title: Re: Which Crypto Exchange has this type of feature? Post by: MZ4 on January 22, 2021, 11:38:12 PM https://i.imgflip.com/4ux14c.jpg Have you tried FTX? The attached screenshot above is taken from their android mobile app, FTX Pro and it is available on Spot market and the same time Futures market too. Ftx seems more complete since you can also see your % gain and % loss for take profit price and stop loss, this is also available on Futures market of Binance since you want for Spot market, you can try FTX. Thank you for your answer. Tbh I didn't knew FTX. Is it a trustworthy exchange? Because I checked on coinmarketcap and it a has a ranking of 1.5 out 10. Title: Re: Which Crypto Exchange has this type of feature? Post by: figmentofmyass on January 23, 2021, 12:41:51 AM Binance unfortunately offers it only in the FUTURES market and not in the spot. The photo below is the order that you can give on Futures market on Binance and I want the same exactly but for spot. Do you have an idea which Exchange offers that for the spot market? binance does offer them for spot trading, but you may not have noticed them. on the left of your trading panel there should be simple orders ("limit" and "market"). on the right, do you see a dropdown menu for advanced orders? that is where OCO should be located: https://i.imgur.com/RHhX671.png https://www.binance.com/au/support/faq/360032605831-How-to-Use-OCO-One-Cancels-the-Other-Order-Type Title: Re: Which Crypto Exchange has this type of feature? Post by: MZ4 on January 23, 2021, 06:48:18 PM Binance unfortunately offers it only in the FUTURES market and not in the spot. The photo below is the order that you can give on Futures market on Binance and I want the same exactly but for spot. Do you have an idea which Exchange offers that for the spot market? binance does offer them for spot trading, but you may not have noticed them. on the left of your trading panel there should be simple orders ("limit" and "market"). on the right, do you see a dropdown menu for advanced orders? that is where OCO should be located: https://i.imgur.com/RHhX671.png https://www.binance.com/au/support/faq/360032605831-How-to-Use-OCO-One-Cancels-the-Other-Order-Type OCO it doesn't allow you to buy and put a stop loss and take profit at the same time unfortunately. Title: Re: Which Crypto Exchange has this type of feature? Post by: JeromeTash on January 24, 2021, 09:40:11 PM Thank you for your answer. Tbh I didn't knew FTX. Is it a trustworthy exchange? Because I checked on coinmarketcap and it a has a ranking of 1.5 out 10. I haven't seen any major scam accusations against them, at least not in this forum. I think they can somewhat be trusted though the seem to be newer in the game as compared to the likes of Binance, kraken etcThe ranks score uses a lot of Parameters such as web traffic, average liquidity, volume etc, so I wouldn't worry about it so much. I mean I am seeing some proven scam exchanges such as HitBTC, Bitforex ranking so high the list. I would however recommend you to carefully look at their terms and conditions |
