What is the process to set a stop limit on Binance for a specific cryptocurrency?

3 answers

• Dec 26, 2021 · 3 years ago
  Sure, here's a step-by-step guide to set a stop limit order on Binance for a specific cryptocurrency: 1. Log in to your Binance account. 2. Go to the 'Trade' tab and select 'Advanced' trading interface. 3. Choose the specific cryptocurrency you want to set a stop limit order for. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price, which is the price at which you want your order to be triggered. 6. Enter the limit price, which is the price at which you want your order to be executed. 7. Set the quantity of the cryptocurrency you want to buy or sell. 8. Choose whether you want to place a 'Buy' or 'Sell' order. 9. Review your order details and click on the 'Buy' or 'Sell' button to place your stop limit order. Please note that the stop price should be higher than the current market price for a sell order and lower for a buy order. Also, keep in mind that stop limit orders are not guaranteed to be executed if the market price does not reach your specified stop price. I hope this helps! Let me know if you have any further questions.
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• Dec 26, 2021 · 3 years ago
  Setting a stop limit order on Binance for a specific cryptocurrency is quite simple. Just follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Trade' section and select the 'Advanced' trading interface. 3. Choose the cryptocurrency you want to set a stop limit order for. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price, which is the price at which you want your order to be triggered. 6. Enter the limit price, which is the price at which you want your order to be executed. 7. Specify the quantity of the cryptocurrency you want to buy or sell. 8. Select whether you want to place a 'Buy' or 'Sell' order. 9. Review the order details and click on the 'Buy' or 'Sell' button to place your stop limit order. Remember to set the stop price above the current market price for a sell order and below for a buy order. It's also important to note that stop limit orders are not guaranteed to be filled if the market price doesn't reach your specified stop price. I hope this explanation was helpful. Let me know if you have any more questions!
  1073358
• Dec 26, 2021 · 3 years ago
  To set a stop limit order on Binance for a specific cryptocurrency, follow these steps: 1. Log in to your Binance account. 2. Navigate to the 'Trade' section and select the 'Advanced' trading interface. 3. Choose the cryptocurrency you wish to set a stop limit order for. 4. Click on the 'Stop-Limit' tab. 5. Enter the stop price, which is the price at which you want your order to be triggered. 6. Enter the limit price, which is the price at which you want your order to be executed. 7. Specify the quantity of the cryptocurrency you want to buy or sell. 8. Select whether you want to place a 'Buy' or 'Sell' order. 9. Review the order details and click on the 'Buy' or 'Sell' button to place your stop limit order. Please note that stop limit orders are subject to market conditions and may not be executed if the market price doesn't reach your specified stop price. I hope this answers your question. If you need any further assistance, feel free to ask!
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