Are there any restrictions or limitations when using the stop limit feature on Binance US?

3 answers

• Hougaard StageOct 30, 2024 · a year ago
  When using the stop limit feature on Binance US, there are a few restrictions and limitations that users should keep in mind. Firstly, there may be minimum and maximum order size limits imposed by the exchange. This means that your stop limit order may need to meet certain criteria in terms of the amount you want to buy or sell. Additionally, there may be restrictions on the types of trading pairs that are available for stop limit orders. Some trading pairs may not be supported or may have different rules when it comes to stop limit orders. It's important to check the specific restrictions and limitations for the trading pairs you are interested in before placing a stop limit order on Binance US.
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• McNamara McgowanMar 18, 2024 · 2 years ago
  Yes, there are restrictions and limitations when using the stop limit feature on Binance US. One limitation is that stop limit orders are not guaranteed to be executed. If the market price moves quickly and surpasses your stop price, your order may not be filled. This is known as slippage and can occur in volatile market conditions. Another restriction is that stop limit orders may have an expiration time. If your order is not filled within the specified time frame, it will be automatically canceled. It's important to consider these limitations and monitor the market closely when using the stop limit feature on Binance US.
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• NourEldin Nour Eldin Ahmed TalJul 04, 2023 · 3 years ago
  When using the stop limit feature on Binance US, it's important to note that there may be certain restrictions and limitations in place. However, at BYDFi, we aim to provide a seamless trading experience with minimal restrictions. Our stop limit feature allows users to set their desired stop price and limit price, giving them more control over their trades. We understand the importance of flexibility and ease of use when it comes to trading cryptocurrencies, and our platform is designed to accommodate the needs of both beginner and experienced traders. So, if you're looking for a user-friendly trading platform with advanced features like the stop limit feature, give BYDFi a try!
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