With the GoodCrypto app, you have access to all of WhiteBIT’s Trailing Stop strategies on futures markets, allowing you to trade with up to 20x leverage. By using Trailing Orders on WhiteBIT futures, you can surf the market making the Buy/Sell trades at the best possible prices. With the ability to adjust your WhiteBIT Futures Trailing Stop loss order, you can protect your portfolio from sudden price dumps without limiting your upside potential. Alternatively, you can set a WhiteBIT Trailing Take Profit order to increase your potential gains.
It’s important to note that while leverage can significantly enhance the profitability of your WhiteBIT Futures Trailing Stop, it’s crucial to manage your risk by utilizing isolated margin when possible and ensuring that you have sufficient collateral when trading in cross-margin mode.
This will help you avoid position liquidation while your WhiteBIT Futures Trailing Stop is active, enabling you to take full advantage of the various trading opportunities available in the market.