Is there a specific process to follow when setting a stop loss on Binance?

6 answers

• Dhanush BinuNov 26, 2021 · 4 years ago
  Sure! Here's a step-by-step guide on how to set a stop loss on Binance: 1. Login to your Binance account and navigate to the 'Exchange' tab. 2. Choose the trading pair you want to set a stop loss for. 3. Click on the 'Stop-Limit' tab. 4. Enter the price at which you want the stop loss to trigger in the 'Stop Price' field. 5. Set the 'Limit Price' field to the price at which you want to sell your assets. 6. Specify the quantity of assets you want to sell in the 'Amount' field. 7. Choose the 'Sell' option. 8. Click on the 'Place Order' button to confirm your stop loss order. That's it! Your stop loss order will be placed on Binance and will trigger if the price reaches the stop price you set. Remember to review and double-check your order details before placing it to ensure accuracy.
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• lin zhengJul 20, 2024 · a year ago
  Setting a stop loss on Binance is a straightforward process. Here's what you need to do: 1. Log in to your Binance account. 2. Go to the 'Exchange' section. 3. Select the trading pair you want to set a stop loss for. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price at which you want to trigger the stop loss. 6. Set the limit price at which you want to sell your assets. 7. Specify the quantity of assets you want to sell. 8. Choose the 'Sell' option. 9. Click on the 'Place Order' button to confirm your stop loss order. That's it! Your stop loss order will be placed on Binance and will execute if the market reaches your specified stop price.
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• szuhaydvMar 05, 2023 · 2 years ago
  When it comes to setting a stop loss on Binance, the process is quite simple. Just follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Exchange' section. 3. Choose the trading pair you want to set a stop loss for. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price, which is the price at which you want the stop loss to trigger. 6. Set the limit price, which is the price at which you want to sell your assets. 7. Specify the quantity of assets you want to sell. 8. Select the 'Sell' option. 9. Finally, click on the 'Place Order' button to confirm your stop loss order. That's it! Your stop loss order will be set on Binance and will be executed if the market reaches your specified stop price.
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• Samuel KlimkoJan 10, 2021 · 5 years ago
  Setting a stop loss on Binance is a breeze! Just follow these steps: 1. Log in to your Binance account. 2. Head over to the 'Exchange' section. 3. Choose the trading pair you want to set a stop loss for. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price, which is the price at which you want the stop loss to trigger. 6. Set the limit price, which is the price at which you want to sell your assets. 7. Specify the quantity of assets you want to sell. 8. Select the 'Sell' option. 9. Finally, click on the 'Place Order' button to confirm your stop loss order. That's it! Your stop loss order will be set on Binance and will be executed if the market reaches your specified stop price.
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• IgnatiyOct 13, 2023 · 2 years ago
  As an expert in the field, I can guide you through the process of setting a stop loss on Binance. Here's what you need to do: 1. Log in to your Binance account. 2. Navigate to the 'Exchange' tab. 3. Select the trading pair you want to set a stop loss for. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price, which is the price at which you want the stop loss to trigger. 6. Set the limit price, which is the price at which you want to sell your assets. 7. Specify the quantity of assets you want to sell. 8. Choose the 'Sell' option. 9. Finally, click on the 'Place Order' button to confirm your stop loss order. That's it! Your stop loss order will be placed on Binance and will execute if the market reaches your specified stop price.
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• Sp SpriteNov 20, 2020 · 5 years ago
  When it comes to setting a stop loss on Binance, the process is quite straightforward. Here's a simple guide: 1. Log in to your Binance account. 2. Go to the 'Exchange' section. 3. Select the trading pair you want to set a stop loss for. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price, which is the price at which you want the stop loss to trigger. 6. Set the limit price, which is the price at which you want to sell your assets. 7. Specify the quantity of assets you want to sell. 8. Choose the 'Sell' option. 9. Finally, click on the 'Place Order' button to confirm your stop loss order. That's it! Your stop loss order will be set on Binance and will execute if the market reaches your specified stop price.
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