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What alternatives exist to limit orders on Binance for buying and selling digital assets?

avatarNikos BeisDec 18, 2021 · 3 years ago1 answers

Can you suggest any alternatives to limit orders on Binance for buying and selling digital assets? I'm looking for other options to place orders and manage my trades on the platform.

What alternatives exist to limit orders on Binance for buying and selling digital assets?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    There are a few alternatives to limit orders on Binance for buying and selling digital assets. One option is using market orders, which allow you to buy or sell at the current market price. Another alternative is stop-limit orders, where you can set a stop price and a limit price. When the stop price is reached, a limit order is placed. Lastly, you can also explore using OCO (One Cancels the Other) orders, which allow you to place two orders simultaneously and automatically cancel one if the other is executed. These alternatives provide flexibility and different ways to manage your trades on Binance.