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Author Topic: What exchanges support Stop Loss Limit?  (Read 124 times)
cryptoabundance
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January 18, 2018, 07:55:15 PM
 #1

Hello,

I have noticed that popular exchanges like kraken, binance have no stop loss limit.
There is only sell/buy limit. What exchanges support Stop Loss?

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wilkas
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June 15, 2019, 05:54:56 AM
 #2

I am also interested
exstasie
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June 15, 2019, 07:18:03 AM
 #3

Bitmex and Bitfinex both support every type of stop loss order (stop market orders, stop limit orders, and trailing stops).

I suggest sticking with stop market orders unless you know what you're doing. If you set your trigger too narrowly on a stop limit order, it may not execute. Then you get margin called. Wink

michellee
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June 15, 2019, 09:52:13 AM
 #4

How about poloniex and bittrex? I think you need to check both exchanges because I see that in poloniex, the stop-loss limit is available too. But I think in every exchange the stop loss limit will be available too because that is a function that will help traders to prevent from the big loss and they can use it in every time they trade.

cryptoking1981
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June 16, 2019, 12:52:14 PM
 #5

Every exchange has either a stop loss limit or stop loss.

Kraken supports stop loss and does not have the stop limit function.

I think the more experienced traders prefer stop loss over stop limit as it guarantees order placement in all situations especially high volatile moves
omonuyak
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June 16, 2019, 01:18:25 PM
 #6

Hello,

I have noticed that popular exchanges like kraken, binance have no stop loss limit.
There is only sell/buy limit. What exchanges support Stop Loss?


I don't get you! Are you saying binance has no stop loss limit? I just used that now to lockin my profits from yesterday gain. Maybe you should do more research on this as I cannot give you full details on stop loss at binance but I learned how to used from steemit. Pokoniex were I also do trade has stop loss order limit.
butka
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June 16, 2019, 02:01:23 PM
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 #7

Hello,

I have noticed that popular exchanges like kraken, binance have no stop loss limit.
There is only sell/buy limit. What exchanges support Stop Loss?


I don't get you! Are you saying binance has no stop loss limit? I just used that now to lockin my profits from yesterday gain.

Yes, binance has a "stop loss", but it is a "market stop loss". The OP is asking about a "limit stop loss", which binance has not, but bitmex has, as explained by @exstasie in the post above.

To be clear, "market stop loss" is executed similar to a "market order", while "limit stop loss" is executed like a "limit order", if you are getting what I want to say.
leowonderful
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June 16, 2019, 02:33:06 PM
 #8

Bitmex has extreme candle wicks in every direction every now and then due to liquidations happening and just the fact that there's a lot of highly leveraged traders on Bitmex. I would never use a limit stop on the site, always go with a market stop on Bitmex. Massive squeezes and cascading market stops mean the price can extremely easily skip over your limit stoploss and it never executes.
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June 16, 2019, 03:29:34 PM
 #9

Now there are enough exchanges that use stop-loss features, Binance and Bittrex as far as I know, have been installed stop-loss.
it's better to avoid relying on the use of features like this, the price can also sometimes bounce back up after touching the stop-limit price. and that can be frustrating.

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