How do I use Binance to set a stop loss for my cryptocurrency investments?

1 answers

• KadibiaJun 02, 2023 · 2 years ago
  Of course! Here's how you can set a stop loss on Binance: 1. Log in to your Binance account. 2. Navigate to the 'Trade' tab and select the cryptocurrency you want to set a stop loss for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want your stop loss order to be triggered. 5. Enter the limit price, which is the price at which you want your stop loss order to be executed. 6. Choose the amount of cryptocurrency you want to sell when the stop loss order is triggered. 7. Click on the 'Sell' button to place your stop loss order. That's it! Your stop loss order is now set on Binance and your investments are protected in case the market takes a downturn.
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