How Does Coinbase’s Stop Order Affect Bitcoin Trading?
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.....
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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....
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,....
By issuing a stop order, the Australian Securities and Investment Commission (ASIC) has further stalled the initial public offering (IPO) requested by Bitcoin mining company Bitcoin Group Limited (BGL, or simply: Bitcoin Group). The reason for this stop order is as of yet not known. A stop order is an administrative mechanism that allows ASIC to prevent offers being made under a disclosure document, which is presented to prospective buyers of Bitcoin Group shares. Such a measure can be taken when ASIC believes the IPO contains a misleading statement, requires additional information, or if....
There is a thin-line difference between gambling and trading. In gambling, a player usually leaves everything on luck; though in trading, a player is expected to construct a careful strategy to take out a winning trade in the end. While the first case is undoubtedly risky by every means, the second case is somewhat focused on reducing the same risk. Risk management is the only thing that separates trading from gambling. Popular forex and CFD trading platform XTrade truly understands the importance of introducing these concepts to new and professional traders to make sure they safeguard....
BTCBear is an international bitcoin exchange platform based in London. The company was founded by Casey Rush in August 2015 with the goal of providing a secure, high quality bitcoin trading experience. Secure Trading With BTCBear. BTCBear offers a web-based trading service with two advanced order forms: Market Order and Limit Order. Market Orders are executed as soon as they are placed, allowing customers to buy or sell immediately at current market prices. The two different kinds of Limit Orders customers can use on BTCBear are Take-Profit and Stop-Loss. The Take-Profit order....