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Are there any specific requirements or limitations for using the stop-loss feature when selling on Binance?

avatarFalke MeyerDec 26, 2021 · 3 years ago3 answers

What are the specific requirements or limitations that I need to be aware of when using the stop-loss feature to sell on Binance?

Are there any specific requirements or limitations for using the stop-loss feature when selling on Binance?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When using the stop-loss feature to sell on Binance, there are a few requirements and limitations to keep in mind. Firstly, you need to have a verified Binance account in order to use this feature. Additionally, there might be minimum and maximum order size restrictions depending on the trading pair you are using. It's also important to note that the stop-loss feature is not available for all trading pairs on Binance. Make sure to check if the trading pair you are interested in supports stop-loss orders before using this feature.
  • avatarDec 26, 2021 · 3 years ago
    Using the stop-loss feature on Binance when selling has some specific requirements and limitations. To use this feature, you need to have a Binance account and complete the necessary verification process. Keep in mind that the stop-loss feature may not be available for all trading pairs on Binance. Additionally, there might be certain minimum and maximum order size restrictions depending on the trading pair you are using. It's always a good idea to double-check the availability and requirements of the stop-loss feature for the specific trading pair you are interested in.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to using the stop-loss feature for selling on Binance, there are a few things to consider. Firstly, you need to have a verified Binance account. Secondly, not all trading pairs on Binance support the stop-loss feature, so make sure to check if the trading pair you are interested in allows for stop-loss orders. Lastly, there might be certain limitations on the minimum and maximum order sizes for stop-loss orders, depending on the trading pair. It's important to be aware of these requirements and limitations before using the stop-loss feature on Binance.