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Aug 2, 11:14 AM
Binance, Crypto.com, and Kraken Enhance Trading Features with New Tools, Including Futures Grid and YTD +32% Strategy
Software
Markets
Tech
Crypto

Binance, Crypto.com, and Kraken Enhance Trading Features with New Tools, Including Futures Grid and YTD +32% Strategy

Authors
  • Crypto.com
  • Kraken Exchange
  • Binance Futures
5

Several cryptocurrency trading platforms have announced new features aimed at enhancing user experience and trading strategies. Binance Futures has introduced new settings for Futures Grid positions, allowing traders to choose whether to close or keep positions open when their take-profit (TP) or stop-loss (SL) is triggered. Additionally, Binance Futures is promoting its Trailing Up and Trailing Down features, which help traders secure gains during market fluctuations. Crypto.com has upgraded its Profit and Loss Dashboard, providing users with live PnL per token, detailed PnL graphs, and balance charts. Furthermore, Crypto.com has enabled derivatives traders to add stop-loss and take-profit levels to their Strike and UpDown Options. Kraken has also introduced features that allow traders to place take-profit and stop-loss orders simultaneously when opening futures positions, along with an estimate of potential profit and loss before entering trades. These updates reflect a growing trend in the cryptocurrency trading sector towards more flexible and user-friendly trading options.

Written with ChatGPT (GPT-4o mini).

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