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What do other US citizens use to trade BTC with stop orders? I've been wanting setup an account to take advantage of short crashes like this but I'm not sure wh
by driverdan 12y ago
What do other US citizens use to trade BTC with stop orders? I've been wanting setup an account to take advantage of short crashes like this but I'm not sure what exchanges are open to US citizens. And don't say BTCe, it must have transparency.
- deleted 12y ago[deleted]
- domdip 12y agoBe careful, stop orders only help if there is a reasonable amount of liquidity when you reach your stop price. If it's not there (and often isn't during a flash crash) you may get terrible execution.
- ertdfgcb 12y agoBitfinex does shorts, which is similar I guess.
- pmorici 12y agoIf you are in the US the easiest way to get money into an actual exchange seems to be by buying BTC via coinbase (they support ACH transactions for US citezens) and then transferring it to an exchange such as Coinsetter, Bitfinex, or Bitstamp to trade. Coinsetter is based in the US and will rebate you your Coinbase transaction fees.
- eldavido 12y agoThat wouldn't be a stop, it would be a buy/limit order with a price far below (20-30%) the current market price.
- driverdan 12y agoSorry, you are correct. I misspoke. Buy limits are what I want for purchases but really I want all standard order types.