Cryptocurrency Q&A Can I set stop-loss on Kraken?

Can I set stop-loss on Kraken?

Valentino Valentino Thu Dec 05 2024 | 7 answers 1615
I'm considering using the Kraken platform for trading and I'm wondering if it's possible to set a stop-loss order on it. I want to minimize my losses in case the market moves against my position. Can I set stop-loss on Kraken?

7 answers

FireFlyer FireFlyer Sat Dec 07 2024
Stop loss orders are a crucial feature offered by Kraken Pro.

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EthereumEmpire EthereumEmpire Fri Dec 06 2024
These orders allow traders to minimize potential losses.

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Silvia Silvia Fri Dec 06 2024
Kraken Pro provides a user-friendly interface to place these orders.

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Raffaele Raffaele Fri Dec 06 2024
BTCC, another top cryptocurrency exchange, also offers a range of services.

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KpopStarletShine KpopStarletShine Fri Dec 06 2024
They can be set as primary close orders.

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