What is the process for putting a stop loss order on Binance?

6 answers

• rrandelFeb 16, 2023 · 2 years ago
  Sure! Placing a stop loss order on Binance is a simple process. First, log in to your Binance account and navigate to the trading page. Choose the trading pair you want to place the stop loss order for. Then, click on the 'Stop-Limit' tab. Enter the stop price, which is the price at which you want the order to be triggered. Next, set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the cryptocurrency you want to buy or sell and click on the 'Sell' or 'Buy' button. Your stop loss order will be placed and will remain active until it is triggered or canceled.
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• Avraj AccountingAug 08, 2020 · 5 years ago
  Placing a stop loss order on Binance is crucial for managing risk in the volatile cryptocurrency market. To do so, log in to your Binance account and go to the trading page. Select the trading pair you want to trade. Then, click on the 'Stop-Limit' tab. Enter the stop price, which is the price at which you want the order to be triggered. Next, set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the cryptocurrency you want to buy or sell and click on the 'Sell' or 'Buy' button. Your stop loss order will be placed and will help protect your investments.
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• Buffalo LvApr 28, 2022 · 3 years ago
  When it comes to placing a stop loss order on Binance, the process is quite straightforward. First, log in to your Binance account and navigate to the trading page. Choose the trading pair you want to place the stop loss order for. Then, click on the 'Stop-Limit' tab. Enter the stop price, which is the price at which you want the order to be triggered. Next, set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the cryptocurrency you want to buy or sell and click on the 'Sell' or 'Buy' button. Your stop loss order will be placed and you can have peace of mind knowing that your investments are protected.
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• Madhavi PichukaNov 23, 2023 · 2 years ago
  Placing a stop loss order on Binance is a breeze. First, log in to your Binance account and head to the trading page. Select the trading pair you want to place the stop loss order for. Then, click on the 'Stop-Limit' tab. Enter the stop price, which is the price at which you want the order to be triggered. Next, set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the cryptocurrency you want to buy or sell and click on the 'Sell' or 'Buy' button. Your stop loss order will be placed and you can sit back and relax, knowing that your investments are protected.
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• Shiven ChandraDec 17, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, provides a user-friendly process for placing stop loss orders on Binance. To get started, log in to your Binance account and go to the trading page. Choose the trading pair you want to place the stop loss order for. Then, click on the 'Stop-Limit' tab. Enter the stop price, which is the price at which you want the order to be triggered. Next, set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the cryptocurrency you want to buy or sell and click on the 'Sell' or 'Buy' button. Your stop loss order will be placed and your investments will be protected.
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• alicjaNov 03, 2023 · 2 years ago
  Placing a stop loss order on Binance is a piece of cake. First, log in to your Binance account and go to the trading page. Select the trading pair you want to trade. Then, click on the 'Stop-Limit' tab. Enter the stop price, which is the price at which you want the order to be triggered. Next, set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the cryptocurrency you want to buy or sell and click on the 'Sell' or 'Buy' button. Your stop loss order will be placed and you can rest easy knowing that your investments are safeguarded.
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