Actually, the use of stop loss or cut loss is available not only in the Future market but also in the spot market. This will depend on what strategy you are using in crypto trading. Sometimes, setting an SL or CL will really help us to minimize the high loss when trading. Sometimes, it is also recommended for us especially the daily trader or short term trader, because it will stop the loss and we can use the money to do another trading pair to accumulate more profits and cover the loss.