How do I set a stop-limit order for trading Bitcoin on a cryptocurrency exchange?

1 answers

• Jan 20, 2022 · 3 years ago
  BYDFi is a cryptocurrency exchange that offers a user-friendly interface for setting stop-limit orders. To set a stop-limit order for trading Bitcoin on BYDFi, follow these steps: 1. Log in to your BYDFi account. 2. Navigate to the trading section and select the Bitcoin trading pair you want to trade. 3. Look for the stop-limit order option, usually located near the order placement options. 4. Enter the stop price and limit price for your order. 5. Specify the quantity of Bitcoin you want to trade. 6. Review the order details and confirm the order. That's it! Your stop-limit order will be placed on BYDFi. Remember to monitor the market to make any necessary adjustments.
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