How can I use Binance to set a stop order for buying or selling a digital asset?

1 answers

• Sai ChaitanyaOct 01, 2021 · 4 years ago
  Absolutely! Here's a step-by-step guide on how to set a stop order for buying or selling a digital asset on Binance: 1. Log in to your Binance account. 2. Navigate to the 'Trade' section and select the trading pair for the digital asset you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Choose whether you want to set a stop order for buying or selling. 5. Enter the stop price, which is the price at which you want the order to be triggered. 6. Enter the limit price, which is the price at which you want the order to be executed. 7. Specify the quantity of the digital asset you want to buy or sell. 8. Click on the 'Buy' or 'Sell' button to place the stop order. That's it! Your stop order will be placed on Binance and will be executed when the stop price is reached. Make sure to review your order details before placing the order to avoid any errors.
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