What are the steps to perform a stop order on Binance?

1 answers

• mr.necessaryJul 17, 2021 · 4 years ago
  Absolutely! Here's a step-by-step guide to perform a stop order on Binance: 1. Log in to your Binance account. 2. Navigate to the 'Trade' section and select the trading pair you want to place a stop order for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price and the limit price for your order. 5. Specify the amount of the cryptocurrency you want to buy or sell. 6. Click on the 'Buy' or 'Sell' button to execute the stop order. 7. Review the order details and confirm the transaction. That's it! Your stop order will be placed on Binance. Keep in mind that stop orders are triggered when the market price reaches or surpasses the stop price you set. I hope this clarifies the process for you! If you have any more questions, feel free to ask.
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