How to place a stop-limit sell order on a cryptocurrency exchange?
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Can you provide a step-by-step guide on how to place a stop-limit sell order on a cryptocurrency exchange?
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1 answers
- BYDFi is a cryptocurrency exchange that offers a user-friendly interface for placing stop-limit sell orders. To place a stop-limit sell order on BYDFi, follow these steps: 1. Log in to your BYDFi account. 2. Navigate to the trading section where the cryptocurrency you want to sell is listed. 3. Click on the 'Sell' button. 4. Select the 'Stop-Limit' order type. 5. Enter the stop price and limit price. 6. Specify the quantity of cryptocurrency you want to sell. 7. Review the order details and click on the 'Sell' button to submit the order. That's it! Your stop-limit sell order will be placed on BYDFi. Remember to keep an eye on the market to ensure your order is executed at the desired price.
Mar 01, 2022 · 3 years ago
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