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How can I set a stop limit order on Binance to manage my cryptocurrency trades?

avatarCHRISEMMANUEL575Dec 28, 2021 · 3 years ago1 answers

I want to learn how to set a stop limit order on Binance to effectively manage my cryptocurrency trades. Can you provide a step-by-step guide on how to do it?

How can I set a stop limit order on Binance to manage my cryptocurrency trades?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide on how to set a stop limit order on Binance: 1. Log in to your Binance account. 2. Navigate to the trading page and select the trading pair you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want the order to be triggered. 5. Enter the limit price, which is the price at which you want the order to be executed. 6. Specify the quantity of the cryptocurrency you want to buy or sell. 7. Click on the 'Buy' or 'Sell' button to place the stop limit order. That's it! Your stop limit order is now set and will be executed once the stop price is reached. Remember to review your order details before finalizing the trade.