Coinbase Enables Stop Orders for Bitcoin Traders
Leading bitcoin wallet and exchange services provider Coinbase has announced stop orders, a new feature that will allow customers to buy or sell the cryptocurrency at a previously specified set price in the Coinbase Exchange. Bitcoin services provider Coinbase has now added stop orders as a new feature to its exchange, enabling users to buy and sell bitcoin at a pre-determined set price. The feature will help allow traders to protect profits and limit losses, as well as initiate new positions and parameters when the market breaks out one way or another, as Coinbase puts it. The feature is....
Related News
On 17th March, Coinbase made the announcement that they were introducing stop orders to their Coinbase Exchange service, via a post on the Coinbase blog. Stop Orders Limit Losses. Investopedia defines a stop order as “an order to buy or sell a security when its price surpasses a particular point, thus ensuring a greater probability of achieving a predetermined entry or exit price, limiting the investor's loss or locking in his or her profit.” In the context of Bitcoin, “stop orders allow customers to buy or sell Bitcoin at a specified price. This order type helps traders protect profits,....
Bitcoin services provider Coinbase has added stop orders to its Coinbase Exchange product, allowing customers to buy and sell the digital currency at a previously set price. Coinbase describes the service as a way to allow users to protect profits while improving their experience with the exchange product. Since Coinbase launched the exchange in January 2015, it has put an increasing emphasis on the product, indicating in recent messaging that it is first and foremost an exchange product. In a widely circulated Medium post, CEO Brian Armstrong indicated in February his view that the....
Coinbase was recently in news for introducing Stop Loss feature on its exchange platform. Read further to know more about Stop Loss. Coinbase recently announced the integration of ‘Stop Order’ function which allows its users to trade bitcoin in a convenient fashion without having to deal with drastic price fluctuations. What Is a Stop Order and Why Is It Important? To begin with, a stop order is a feature that allows users to buy or sell any asset on a trading platform when the target asset’s value reaches a particular price point of choice. Stop orders are also known as stop-loss orders.....
Bitcoin traders on the Bitstamp exchange platform may want to take note. New features are available that allow traders to better control their moves in the market: stop order and trailing stop order. And if you are like me (not a trader), you're probably asking yourself, what's a stop order and trailing stop order? Bitstamp explains: An order to buy or sell bitcoins when its price surpasses a particular point, thus ensuring a greater probability of achieving a predetermined entry or exit price, limiting the investor's loss or locking in his or her profit. Once the price surpasses the....
European bitcoin exchange Coinmotion has announced a campaign which will see the exchange process orders with zero percent commission up to April 18. Finnish cryptocurrency exchange and wallet service provider Coinmotion has revealed a new campaign wherein customers will have to pay zero commission fee for orders processed. The campaign will run for two weeks, until April 18. Announced yesterday via Medium, the Helsinki-based exchange also revealed a new feature with ‘Stop Orders’. The feature, also introduced by prominent bitcoin wallet and exchange Coinbase last month enables users to....