diff --git a/freqtrade/exchange/exchange.py b/freqtrade/exchange/exchange.py
index 45327951b..8b99dc4e4 100644
--- a/freqtrade/exchange/exchange.py
+++ b/freqtrade/exchange/exchange.py
@@ -315,7 +315,7 @@ class Exchange:
             self._exchange_ws.cleanup()
         logger.debug("Exchange object destroyed, closing async loop")
         loop_running = (
-            hasattr(self, "loop") and self.loop.is_running()
+            getattr(self, "loop", None) and self.loop.is_running()
         ) or asyncio.get_event_loop().is_running()
 
         if (