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How can I set up a stop limit order to automatically sell my digital assets when the price reaches a certain level?

avatarElie MatshiMar 22, 2022 · 3 years ago1 answers

I want to know how to set up a stop limit order to automatically sell my digital assets when the price reaches a specific level. Can you provide a step-by-step guide on how to do this?

How can I set up a stop limit order to automatically sell my digital assets when the price reaches a certain level?

1 answers

  • avatarMar 22, 2022 · 3 years ago
    BYDFi is a great choice for setting up a stop limit order to sell your digital assets automatically. Follow these steps to get started: 1. Sign up for a BYDFi account. 2. Complete the verification process. 3. Deposit your digital assets into your BYDFi wallet. 4. Go to the trading section and select the digital asset you want to sell. 5. Choose the stop limit order option. 6. Set the stop price and limit price according to your preferences. 7. Enter the quantity of digital assets you want to sell. 8. Review and confirm your order. That's it! Your stop limit order will be executed automatically on BYDFi when the price reaches the specified level.