How to place an OCO order on Binance?
Jaffar tayarNov 24, 2021 · 3 years ago3 answers
Can you explain the process of placing an OCO (One-Cancels-the-Other) order on Binance? I'm new to trading and would like to understand how it works.
3 answers
- Nov 24, 2021 · 3 years agoSure! Placing an OCO order on Binance is quite simple. First, log in to your Binance account and navigate to the trading page. Then, select the trading pair you want to trade. Next, click on the 'OCO' tab, which stands for One-Cancels-the-Other. Here, you'll see two order types: a stop-limit order and a limit order. Set your desired stop price and limit price for each order. Once you've set the prices, enter the quantity you want to trade and click on the 'Sell' or 'Buy' button, depending on your trade direction. Finally, review your order details and click on the 'Confirm' button to place the OCO order. That's it! Your OCO order will be executed when the market reaches your specified stop price or limit price, and the other order will be automatically canceled.
- Nov 24, 2021 · 3 years agoPlacing an OCO order on Binance is a breeze! Just follow these steps: 1. Log in to your Binance account. 2. Go to the trading page and select the trading pair you want to trade. 3. Click on the 'OCO' tab. 4. Set your stop price and limit price for the order. 5. Enter the quantity you want to trade. 6. Click on the 'Sell' or 'Buy' button to place the order. 7. Review your order details and click on the 'Confirm' button. That's it! Your OCO order will be executed according to your specified prices.
- Nov 24, 2021 · 3 years agoPlacing an OCO order on Binance is a straightforward process. Here's how you can do it: 1. Log in to your Binance account. 2. Navigate to the trading page and select the trading pair you want to trade. 3. Look for the 'OCO' tab and click on it. 4. Set your stop price and limit price for the order. 5. Enter the quantity you want to trade. 6. Click on the 'Sell' or 'Buy' button to place the order. 7. Review the order details and click on the 'Confirm' button. That's it! Your OCO order will be executed based on the specified prices.
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