What is the process for placing a stop order on Binance?

1 answers

• Dec 17, 2021 · 3 years ago
  Placing a stop order on Binance is as easy as 1, 2, 3! Here's how you do it: 1. Log in to your Binance account. 2. Go to the trading page and choose the trading pair you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price that will trigger your order. 5. Set the limit price, which is the price at which your order will be executed. 6. Enter the quantity of the cryptocurrency you want to buy or sell. 7. Click on the 'Buy' or 'Sell' button. Voila! Your stop order is now placed and will be executed when the market reaches your stop price.
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