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What is the process for setting up OCO orders on Binance?

avatarAshwani JangraDec 25, 2021 · 3 years ago3 answers

Can you please explain the step-by-step process for setting up OCO (One-Cancels-the-Other) orders on Binance? I want to understand how to use this feature to manage my trades effectively.

What is the process for setting up OCO orders on Binance?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! Setting up OCO orders on Binance is quite simple. Here's how you can do it: 1. Log in to your Binance account and go to the trading interface. 2. Select the trading pair you want to place an OCO order for. 3. Click on the 'OCO' tab. 4. Choose the order type you want to place: 'Limit' or 'Market'. 5. Enter the price at which you want to trigger the order and the stop price for the stop-limit order. 6. Set the quantity of the asset you want to buy or sell. 7. Review your order details and click on the 'Buy' or 'Sell' button to place the OCO order. That's it! Your OCO order will be placed and executed according to the conditions you set.
  • avatarDec 25, 2021 · 3 years ago
    Setting up OCO orders on Binance is a breeze! Just follow these steps: 1. Log in to your Binance account and navigate to the trading page. 2. Choose the trading pair you want to place an OCO order for. 3. Look for the 'OCO' tab and click on it. 4. Select the order type you prefer: 'Limit' or 'Market'. 5. Enter the trigger price and stop price for the stop-limit order. 6. Specify the quantity of the asset you wish to buy or sell. 7. Double-check your order details and click on the 'Buy' or 'Sell' button to finalize the OCO order. Voila! Your OCO order will be executed based on your specified conditions.
  • avatarDec 25, 2021 · 3 years ago
    Here's how you can set up OCO orders on Binance: 1. Log in to your Binance account and go to the trading section. 2. Choose the trading pair you want to place an OCO order for. 3. Locate the 'OCO' tab and click on it. 4. Select the order type you want to use: 'Limit' or 'Market'. 5. Enter the trigger price and stop price for the stop-limit order. 6. Specify the quantity of the asset you want to buy or sell. 7. Take a moment to review your order details and click on the 'Buy' or 'Sell' button to confirm the OCO order. That's it! Your OCO order will be executed based on the conditions you set.