MultiversX Tracker is Live!

Trailing Stop Order in Spot Market is completely useless in its current state (please remove Limit Price)

Binance

Cryptocoins Exchanges / Binance 116 Views

Why do we now have to set a hard and fast Limit Worth when utilizing Trailing Stop Order in Spot Market?
The entire point of using a Trailing Cease Order is to have a flexible Stop Worth which moves up with the present Market Worth. That's why it ought to all the time set off a Market Order as soon as the Market Worth hits the Activation Worth. Proper now it's principally the same as a Cease Limit Order.
Unusually enough this function is implented appropriately within the Futures Market with out the Restrict Worth.
Please take away the Limit Worth from Trailing Cease Order in Spot Market as a result of otherwise this function is completely ineffective.

submitted by /u/44shizzle
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments