Cryptocurrency Q&A
Can you put stop loss on Uniswap?
Can you put stop loss on Uniswap?
emma_rose_activist
Sun Feb 09 2025
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5
answers
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I'm considering trading on Uniswap and I want to know if it's possible to set a stop loss order to minimize potential losses. I'm not sure if Uniswap supports this feature and would like to find out.
5 answers
Lucia
Tue Feb 11 2025
Stop-Loss Orders present a unique challenge in certain trading scenarios.
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Maria
Mon Feb 10 2025
BTCC, a top cryptocurrency exchange, offers a range of services that could potentially assist traders in managing such complexities. Their platform includes spot trading, futures trading, and a wallet service, among others. These services could provide traders with tools to navigate the nuances of setting Stop-Loss Orders in different currencies.
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SumoMight
Mon Feb 10 2025
When attempting to set a Stop-Loss, traders often aim to minimize losses by selling assets once they drop below a specified price.
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SolitudePulse
Mon Feb 10 2025
In the case where the price space below the spot price is denominated in a different currency, such as DAI, complications arise.
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SamuraiCourage
Mon Feb 10 2025
Specifically, if a trader wishes to set a Stop-Loss for ETH but the trigger price is in DAI, the necessary ETH cannot be allocated for the swap at a predetermined rate, like 1,000 ETH for a certain amount of DAI.
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