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What is the process for purchasing a limit order on Binance?

avatarTùng Dương NguyễnDec 26, 2021 · 3 years ago3 answers

Can you explain the step-by-step process for purchasing a limit order on Binance? I'm new to trading and would like to understand how it works.

What is the process for purchasing a limit order on Binance?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to purchase a limit order on Binance: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select 'Basic' or 'Advanced' trading view. 3. Choose the trading pair you want to trade (e.g., BTC/USDT). 4. On the trading interface, locate the 'Buy' section if you want to buy the cryptocurrency or the 'Sell' section if you want to sell it. 5. Select the 'Limit' tab. 6. Enter the price at which you want to buy or sell the cryptocurrency. 7. Enter the quantity of the cryptocurrency you want to buy or sell. 8. Review your order details and click on the 'Buy' or 'Sell' button to place the limit order. 9. Wait for the order to be filled. If the market price reaches your limit price, the order will be executed. That's it! You have successfully placed a limit order on Binance.
  • avatarDec 26, 2021 · 3 years ago
    No problem! Here's a simple breakdown of the process for purchasing a limit order on Binance: 1. Log in to your Binance account. 2. Navigate to the trading section. 3. Choose the cryptocurrency pair you want to trade. 4. Select the 'Limit' order type. 5. Enter the price at which you want to buy or sell the cryptocurrency. 6. Enter the quantity of the cryptocurrency you want to buy or sell. 7. Review your order details and confirm the transaction. 8. Wait for the order to be executed. That's it! You've successfully purchased a limit order on Binance.
  • avatarDec 26, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide to purchasing a limit order on Binance: 1. Log in to your Binance account. 2. Navigate to the trading page. 3. Select the trading pair you want to trade. 4. Choose the 'Limit' order type. 5. Enter the price at which you want to buy or sell the cryptocurrency. 6. Enter the quantity of the cryptocurrency you want to buy or sell. 7. Review your order details and click on the 'Buy' or 'Sell' button to place the limit order. 8. Wait for the order to be filled. That's it! You've successfully completed the process of purchasing a limit order on Binance.