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How can I set up a stop loss order on Binance US for my cryptocurrency trades?

avatarCaroline Mella CrippaDec 16, 2021 · 3 years ago3 answers

I'm new to trading cryptocurrencies on Binance US and I want to know how to set up a stop loss order. Can you guide me through the process step by step?

How can I set up a stop loss order on Binance US for my cryptocurrency trades?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure, setting up a stop loss order on Binance US is quite simple. Here's a step-by-step guide: 1. Log in to your Binance US account. 2. Go to the trading page and select the cryptocurrency pair you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want the stop loss order to trigger. 5. Set the limit price, which is the price at which you want the stop loss order to be executed. 6. Choose the amount of cryptocurrency you want to sell or buy. 7. Click on the 'Sell' or 'Buy' button to place the stop loss order. That's it! Your stop loss order is now set up on Binance US.
  • avatarDec 16, 2021 · 3 years ago
    No worries! Setting up a stop loss order on Binance US is super easy. Just follow these steps: 1. Log in to your Binance US account. 2. Navigate to the trading page and select the cryptocurrency pair you want to trade. 3. Look for the 'Stop-Limit' option and click on it. 4. Enter the stop price, which is the price at which you want the stop loss order to be triggered. 5. Set the limit price, which is the price at which you want the stop loss order to be executed. 6. Specify the quantity of cryptocurrency you want to sell or buy. 7. Finally, click on the 'Sell' or 'Buy' button to place your stop loss order. That's it! Your stop loss order is now set up on Binance US.
  • avatarDec 16, 2021 · 3 years ago
    Setting up a stop loss order on Binance US is a breeze. Just follow these steps: 1. Log in to your Binance US account. 2. Navigate to the trading page and select the cryptocurrency pair you want to trade. 3. Look for the 'Stop-Limit' option and click on it. 4. Enter the stop price, which is the price at which you want the stop loss order to be triggered. 5. Set the limit price, which is the price at which you want the stop loss order to be executed. 6. Specify the quantity of cryptocurrency you want to sell or buy. 7. Finally, click on the 'Sell' or 'Buy' button to place your stop loss order. That's it! Your stop loss order is now set up on Binance US.