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What are the steps to place a stop limit order on Binance for buying Bitcoin?

avatarGreen MacMillanDec 17, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to place a stop limit order on Binance for buying Bitcoin? I'm new to trading and would like to understand the process.

What are the steps to place a stop limit order on Binance for buying Bitcoin?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Placing a stop limit order on Binance for buying Bitcoin is a breeze! Just follow these simple steps: 1. Log in to your Binance account. 2. Go to the 'Trade' section. 3. Select the Bitcoin trading pair you want to trade. 4. Click on the 'Stop-Limit' tab. 5. Set the stop price and limit price for your order. 6. Enter the quantity of Bitcoin you want to buy. 7. Choose the 'Buy' option. 8. Click on the 'Buy' button to place your order. That's it! Your stop limit order will be placed on Binance and executed when the market conditions meet your specified criteria.