I have an Interactive Broker account to trade regular stocks. They have a One Cancel Others order type that allows me to put both a stop loss (SL) and take profit (TP) order on a single position.

Is there any crypto exchange that allow me to do the same on my spot position? I used Kraken but they don't offer such feature.

Thank you for your time.


1 Answer 1


Binance offers an OCO order, please have a look at this reference: https://www.binance.com/en-BH/support/faq/what-is-an-oco-one-cancels-the-other-order-and-how-to-use-it-360032605831

A One-Cancels-the-Other (OCO) order combines one stop limit order and one limit order, where if one is fully or partially fulfilled, the other is canceled. An OCO order on Binance consists of a stop-limit order and a limit order with the same order quantity. Both orders must be either buy or sell orders. If you cancel one of the orders, the entire OCO order pair will be canceled.


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