Is there a guide on how to set a stop loss on Binance for my digital assets?

1 answers

• C GSep 27, 2024 · a year ago
  Yes, there is a guide available on the Binance website that explains how to set a stop loss for your digital assets. Here's a summary of the steps: 1. Log in to your Binance account and go to the 'Trade' section. 2. Select the trading pair you want to set a stop loss for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price and the limit price for your order. 5. Specify the quantity of digital assets you want to trade. 6. Click on the 'Sell' button to place your stop loss order. Keep in mind that setting a stop loss is an important risk management tool, but it doesn't guarantee that your order will be executed at the exact price you set. Market conditions can impact the execution price. I hope this helps! If you have any more questions, feel free to ask.
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