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What are the steps to use stop limits on Binance?

avatarBuchanan SharpeDec 30, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to use stop limits on Binance? I'm new to trading and would like to understand the process.

What are the steps to use stop limits on Binance?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    Alright, let me walk you through the steps to use stop limits on Binance: 1. Start by logging in to your Binance account. 2. Go to the 'Trade' section and select the trading pair you want to trade. 3. Once you've selected the trading pair, click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want your order to be triggered. 5. Enter the limit price, which is the price at which you want your order to be executed. 6. Specify the quantity of the asset you want to buy or sell. 7. Choose the order type, either 'Limit' or 'Market'. 8. Finally, click on the 'Buy' or 'Sell' button to place your stop limit order. That's it! You've successfully placed a stop limit order on Binance. If you need any further assistance, feel free to ask.