What are the steps to use stop limits on Binance?

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.

1 answers
- 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.
Mar 01, 2022 · 3 years ago
Related Tags
Hot Questions
- 97
What are the tax implications of using cryptocurrency?
- 91
What is the future of blockchain technology?
- 85
How can I protect my digital assets from hackers?
- 83
How can I buy Bitcoin with a credit card?
- 76
How can I minimize my tax liability when dealing with cryptocurrencies?
- 68
What are the best digital currencies to invest in right now?
- 50
Are there any special tax rules for crypto investors?
- 40
What are the best practices for reporting cryptocurrency on my taxes?