How can I set a stop loss buy order for a specific cryptocurrency on a trading platform?

1 answers

• Dec 26, 2021 · 3 years ago
  At BYDFi, setting a stop loss buy order for a specific cryptocurrency on our trading platform is simple. After logging in to your account, go to the trading section and select the cryptocurrency you want to trade. Click on the 'Buy' button and you will see the option to set a stop loss order. Enter your desired stop price and the quantity you want to buy. Review the order details and click 'Confirm' to place the order. Our platform will automatically execute the buy order when the market price reaches or exceeds your stop price. Remember to always do your own research and consider your risk tolerance before placing any trades.
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