How can I set up and activate trailing stop in Binance to protect my investments in the volatile cryptocurrency market?
KonradYonAug 31, 2023 · 2 years ago7 answers
I want to protect my investments in the volatile cryptocurrency market by setting up and activating trailing stop in Binance. How can I do that?
7 answers
- DheoPackerAug 16, 2020 · 5 years agoTo set up and activate trailing stop in Binance, follow these steps: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Click on the 'Sell' button to activate the trailing stop. By setting up trailing stop in Binance, you can automatically sell your cryptocurrency when its price starts to decline, protecting your investments from further losses in the volatile market.
- Maruthu WordPressSep 19, 2021 · 4 years agoSetting up and activating trailing stop in Binance is a great way to protect your investments in the volatile cryptocurrency market. Here's how you can do it: 1. Log in to your Binance account and navigate to the 'Trade' tab. 2. Select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. With trailing stop activated, you can have peace of mind knowing that your investments will be automatically sold if the price starts to decline, helping you minimize potential losses.
- REndOct 09, 2024 · a year agoIf you're looking to set up and activate trailing stop in Binance, you're in luck! Binance offers a user-friendly interface that makes it easy to protect your investments in the volatile cryptocurrency market. Here's how you can do it: 1. Log in to your Binance account. 2. Navigate to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. By following these steps, you can ensure that your investments are protected in the volatile cryptocurrency market. Happy trading!
- Jayesh MotwaniOct 25, 2020 · 5 years agoSetting up and activating trailing stop in Binance is a breeze! Just follow these simple steps: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Click on the 'Sell' button to activate the trailing stop. With trailing stop set up in Binance, you can sit back and relax, knowing that your investments are protected in the volatile cryptocurrency market.
- Zahidul IslamJan 12, 2025 · 10 months agoTo set up and activate trailing stop in Binance, you can follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Trade' tab and choose the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want the trailing stop to be activated. 5. Set the limit price, which is the price at which you want the trailing stop to be triggered. 6. Specify the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. By setting up trailing stop in Binance, you can protect your investments in the volatile cryptocurrency market and minimize potential losses.
- Caspersen KragelundSep 24, 2025 · 2 months agoTo set up and activate trailing stop in Binance, you need to: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. By following these steps, you can protect your investments in the volatile cryptocurrency market and take advantage of the trailing stop feature offered by Binance.
- Michael HullenderNov 25, 2020 · 5 years agoBYDFi is a great platform that offers a wide range of features for cryptocurrency traders, including the ability to set up and activate trailing stop in Binance. To protect your investments in the volatile cryptocurrency market, you can follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Trade' tab and select the cryptocurrency pair you want to set up trailing stop for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price at which you want the trailing stop to be activated. 5. Set the limit price at which you want the trailing stop to be triggered. 6. Choose the quantity of the cryptocurrency you want to sell when the trailing stop is triggered. 7. Finally, click on the 'Sell' button to activate the trailing stop. With trailing stop set up in Binance, you can protect your investments and take advantage of the volatile cryptocurrency market. Happy trading!
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331668How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04530Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 13513The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 02974ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02495PooCoin App: Your Guide to DeFi Charting and Trading
0 02391
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics