Notice of CoinW Futures Supporting Trailing Stop Function

CoinW has launched a new function of Trailing Stop at 06:00 on 2/25/2022. The function is now available on both Web and App (update is required), welcome experience.

A trailing stop is a modification of a typical stop order that can be set at a defined percentage away from the market price. It can help traders limit losses and maximize profits when the market moves in the trader’s favor.

When the price moves in a favorable direction, the trailing stop move with it by a certain percentage. As long as the price moves in the trader’s favor, it keeps the trade open and continue to profit. Once it moves to lock in a profit or reduce a loss, it does not move back in the other direction.

Click to learn more: Trailing Stop

Download the latest app to experience the function:

https://www.coinw.com/mobile/download

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