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Stop loss order on Coinbase and Kraken

Stop loss order on Coinbase and Kraken

Bitcoin Reddit

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I want to set up a stop loss on an exchange, in case the price plummets.
However, I remember reading some comments quite a while ago where people thought that coinbase would sometimes manipulate the price, such that it would drop by a ridiculous amount in a very short period, just to get rid of those stop loss orders - is there any truth to this, and could anyone provide some more information about it?

I'm going to be moving to Kraken anyway, since Coinbase hiked up their fees massively a while back - has this kind of manipulation been known to happen on Kraken as well?

submitted by /u/f00lishlyf00lishf00l
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