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How can I use Binance to put a stop limit on my Bitcoin trades?

avatarAnon93474356Dec 17, 2021 · 3 years ago3 answers

Can you explain how to use Binance to set a stop limit order for my Bitcoin trades? I want to make sure I have a safety net in place to protect my investments.

How can I use Binance to put a stop limit on my Bitcoin trades?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! To set a stop limit order on Binance for your Bitcoin trades, follow these steps: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select 'Advanced'. 3. Choose the trading pair for Bitcoin that you want to trade. 4. On the trading interface, locate the 'Stop-Limit' section. 5. Enter the stop price, which is the price at which you want the stop limit order to be triggered. 6. Set the limit price, which is the price at which you want the order to be executed. 7. Enter the quantity of Bitcoin you want to trade. 8. Click on 'Buy' or 'Sell' to place your stop limit order. That's it! Your stop limit order will be placed on Binance for your Bitcoin trades. Make sure to double-check all the details before placing the order to ensure accuracy.
  • avatarDec 17, 2021 · 3 years ago
    No problem! Here's a step-by-step guide on how to use Binance to set a stop limit order for your Bitcoin trades: 1. Log in to your Binance account. 2. Navigate to the 'Trade' tab and select 'Advanced'. 3. Choose the Bitcoin trading pair you want to trade. 4. Locate the 'Stop-Limit' section on the trading interface. 5. Enter the stop price, which is the price at which you want the stop limit order to be triggered. 6. Set the limit price, which is the price at which you want the order to be executed. 7. Specify the quantity of Bitcoin you want to trade. 8. Click on 'Buy' or 'Sell' to place your stop limit order. That's it! Your stop limit order will be placed on Binance for your Bitcoin trades. Remember to review all the details before finalizing the order.
  • avatarDec 17, 2021 · 3 years ago
    Of course! Here's a quick guide on how to use Binance to set a stop limit order for your Bitcoin trades: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select 'Advanced'. 3. Choose the trading pair for Bitcoin that you want to trade. 4. Find the 'Stop-Limit' section on the trading interface. 5. Enter the stop price, which is the price at which you want the stop limit order to be triggered. 6. Set the limit price, which is the price at which you want the order to be executed. 7. Specify the quantity of Bitcoin you want to trade. 8. Click on 'Buy' or 'Sell' to place your stop limit order. That's it! Your stop limit order will be placed on Binance for your Bitcoin trades. Just make sure to review the order details before confirming it.