What is the process of making a stop loss order on Binance for my digital assets?
Deeksha KesharwaniDec 16, 2021 · 3 years ago1 answers
Can you explain the step-by-step process of creating a stop loss order for my digital assets on the Binance platform?
1 answers
- Dec 16, 2021 · 3 years agoCertainly! Here's a step-by-step process to create a stop loss order for your digital assets on Binance: 1. Log in to your Binance account and go to the trading section. 2. Choose the trading pair for your digital asset. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want your stop loss order to be activated. 5. Set the limit price, which is the price at which you want your stop loss order to be executed. 6. Specify the quantity of the digital asset you want to sell. 7. Click on the 'Sell' button to place your stop loss order. That's it! Your stop loss order will be created and will be triggered if the price reaches the stop price you set.
Related Tags
Hot Questions
- 91
What is the future of blockchain technology?
- 84
How can I minimize my tax liability when dealing with cryptocurrencies?
- 80
What are the tax implications of using cryptocurrency?
- 77
How can I buy Bitcoin with a credit card?
- 52
What are the best digital currencies to invest in right now?
- 52
What are the advantages of using cryptocurrency for online transactions?
- 27
Are there any special tax rules for crypto investors?
- 16
How can I protect my digital assets from hackers?