What are the steps to create a stop loss order on Binance for my digital currencies?

3 answers

• Nazım ÇimenAug 05, 2024 · a year ago
  Sure! Creating a stop loss order on Binance is a simple process. First, log in to your Binance account and navigate to the 'Trade' tab. Select the digital currency 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. Set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the digital currency you want to sell or buy. Click on the 'Sell' or 'Buy' button, and your stop loss order will be placed. Remember to review the details before confirming the order.
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• Rahul SapraNov 19, 2021 · 4 years ago
  No worries! To create a stop loss order on Binance, follow these steps. First, go to the Binance website and log in to your account. Once you're logged in, click on the 'Trade' tab. From there, select the digital currency pair you want to trade. Next, click on the 'Stop-Limit' tab. Enter the stop price, which is the price at which you want the order to be triggered. Then, set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the digital currency you want to sell or buy. Click on the 'Sell' or 'Buy' button, and voila! Your stop loss order will be placed.
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• PeteBJun 22, 2020 · 5 years ago
  Creating a stop loss order on Binance is a breeze! Just follow these steps. First, log in to your Binance account. Once you're in, click on the 'Trade' tab. Choose the digital currency 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. Set the limit price, which is the price at which you want the order to be executed. Finally, enter the quantity of the digital currency you want to sell or buy. Click on the 'Sell' or 'Buy' button, and you're all set! Your stop loss order will be placed and your investments will be protected.
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