What are the steps to set a stop loss on Binance for trading cryptocurrencies?

1 answers

• Jazz RudolphMar 08, 2023 · 2 years ago
  Alright, here's a step-by-step guide to setting a stop loss on Binance for trading cryptocurrencies: 1. Log in to your Binance account. 2. Navigate to the 'Spot Trading' section. 3. Select the cryptocurrency you want to trade. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price, which is the price at which you want your stop loss order to be triggered. 6. Enter the limit price, which is the price at which you want your stop loss order to be executed. 7. Choose the amount of cryptocurrency you want to sell. 8. Click on the 'Sell' button to place your stop loss order. That's it! Your stop loss order will be set on Binance for trading cryptocurrencies.
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